The Chinese government cancels the privatisation of a steel firm following worker protests, the country's state media reports.

Reuters - Asian stocks slid after a further deterioration in U.S. consumer confidence cast doubts about the pace of the global economic recovery and soured appetite for risky assets.

Reuters - New York Attorney General Andrew Cuomo, probing illegal marketing and sales of auction rate securities (ARS), is likely to file a lawsuit on Monday against Charles Schwab Corp for civil fraud, the Wall Street Journal said, citing people familiar with the matter.

Reuters - Japan's economy returned to growth in the second quarter, ending its longest recession since World War Two, but analysts warned of a rocky road ahead as the nascent recovery was based on short-term stimulus efforts around the world.

Reuters - Chrysler Group is planning to produce Fiat SpA's Fiat 500 subcompact at a Chrysler plant in Mexico, the Wall Street Journal reported, citing people familiar with the matter.

Japan exits recession amid little optimism

Half-year profits at recruitment company Michael Page halve after businesses cut back on hiring.

Reuters - World stocks fell by more than 1 percent on Monday, led by sharp drops in Asia, while government bonds and the dollar rose as doubts about the strength of a global economic recovery triggered a risk asset sell-off.

China is to contest a World Trade Organization ruling that calls for it to end restrictions on imports of US films and music products.

How Americans are cutting back on funeral costs

Workers at Royal Mail in different parts of the UK have started more strikes, as disagreement over pay and jobs continues.

Recruitment company Michael Page says business in the UK is stabilising, but its six-month profits halve.

The government is to give plane manufacturer Airbus up to £340m in loans, securing 5,000 jobs in the UK.

Reuters - Stock index futures pointed to a sharply lower open on Wall Street on Monday, mirroring a selloff in Asian and European stocks on mounting worries equities' recent surge had run ahead of the global economic recovery.

Reuters - Hennes & Mauritz (HMb.ST), the world's third-biggest clothing retailer, reported on Monday a bigger-than-expected 3 percent drop in year-on-year sales at established stores in July.

Analysts said the sell-off was in part a reaction to weak U.S. consumer confidence numbers released Friday.

The home-improvement retailer said that poor weather and cautious consumer spending hurt sales and earnings in the quarter.

Japan is officially out of recession, but East Asian stock markets took a tumble on Monday.

One in five UK teenagers receiving their GCSE results next week could be unemployed by the time they are 21, a report says.

About half of private sector final-salary pension schemes will have closed to existing staff within the next three years, a survey says.

BSkyB writes to the BBC Trust, expressing concern over a consultation process for a new service where web on-demand services could be seen on TV.

The interest charged on late payments of inheritance tax will rise to 3% from next month, HM Revenue and Customs has confirmed.

Reuters - Stock index futures slid about 2 percent on Monday as global equities sold off after data from Japan showed that while the world's No. 2 economy has returned to growth, a recovery may be shaky.

Reuters - New York Attorney General Andrew Cuomo, probing illegal marketing and sales of auction rate securities (ARS), is likely to file a lawsuit on Monday against Charles Schwab Corp for civil fraud, the Wall Street Journal said, citing people familiar with the matter.

AP - No. 2 home-improvement retailer Lowe's Cos. said Monday poor weather and cautious consumer spending caused sales to fall below expectations and earnings to fall 19 percent in the second quarter.

Analysts said the sell-off was in part a reaction to weak consumer confidence numbers released in the U.S.

Bert Nordberg, who headed the troubled mobile phone venture's Silicon Valley operations, vowed to stress software and applications as the company tries to revive sales.

A bewildering, largely unregulated array of businesses offering assistance are leaving job seekers vulnerable.

Shares in five Nigerian banks, which were bailed out by the government last week, have been suspended.

Ryanair is to switch or close nine of the 10 routes it operates from Manchester Airport, blaming the airport's refusal to lower charges.

The Building Societies Association opposed the UK government's plan to split the nationalised Northern Rock into two parts.

Reuters - Stocks fell broadly on Monday as ongoing concerns about the speed of a global economic recovery were compounded by data from Japan, which showed that while the world's No.2 economy returned to growth, the recovery may be shaky.

Reuters - The CBOE Volatility Index (.VIX) jumped more than 15 percent on Monday as U.S. stocks tumbled on renewed concerns about the potential strength of the economic recovery.

AP - Shares of GameStop Corp., the world's largest videogame retailer, slid 5 percent in premarket trading Monday after an analyst predicted its second-quarter results would fall short and the company would have to cut its guidance.

Analysts said the sell-off was in part a reaction to weak consumer confidence numbers released in the U.S.

Jones v. Harris Associates may to be the court?s first big statement on a culture that contributed to the recession.

The agencies said they would extend their joint program to finance consumer and business lending for up to six more months.

Reader?s Digest Association, which was taken private in 2007, said it plans to file for bankruptcy protection to carry out a debt-for-equity swap that will give control of the company to its lenders.

Toy maker Lego reports a 60% rise in profits as parents turn to the classic brand in the recession.

Japan is officially out of recession, but East Asian stock markets took a tumble on Monday.

Australia's Fortescue Metals has sealed a deal for discount iron ore prices for China, in return for £6bn in finance.

Does Japan's recovery offer hope around the world?

Chancellor Alistair Darling has come out against calls for a new commission to curb 'excessive' pay.

Reuters - Stocks fell broadly on Monday as ongoing concerns about the speed of a global economic recovery were compounded by data from Japan, which showed that while the world's No.2 economy returned to growth, the recovery may be shaky.

Reuters - Lowe's Cos posted a 19 percent drop in quarterly profit on Monday and forecast current-quarter earnings below Wall Street estimates as consumers put off big home projects, sending its shares down more than 8 percent.

Reuters - CIT Group Inc said on Monday it completed its tender offer for $1 billion in debt maturing today, buying the company more time to attempt to restructure its debt and stave off bankruptcy.

Andrew Cuomo filed a lawsuit against the brokerage unit of Charles Schwab, claiming that the firm misled customers about the safety of auction-rate securities.

Swedbank, hit hard by loan losses in the Baltics, says it will issue preferred shares.

China said Monday it would challenge a World Trade Organization ruling against its restrictions on imported films, books and audiovisual products.

Fortescue Metals Group agreed to supply China at a 3 percent discount to prices offered by its bigger rivals.

Reader?s Digest Association, which was taken private in 2007, said it plans to file for bankruptcy protection to carry out a debt-for-equity swap that will give control of the company to its lenders.

Reuters - U.S. stocks slid on Monday, dropping after a bleak outlook from home improvement giant Lowe's and weak economic figures from Japan reignited concerns about world demand.

Reuters - U.S. homebuilder sentiment in August rose to its highest level in over a year, a private survey showed on Monday, adding to mounting evidence that the housing market and economic recession were leveling out.

Reuters - Charles Schwab Corp was sued by New York Attorney General Andrew Cuomo, who accused the discount brokerage of fraudulently misleading investors about the safety of auction-rate securities.

Reuters - Lowe's Cos , the No. 2 U.S. home improvement chain, curbed its expansion plans and forecast worse-than-expected results in the third quarter as recession-weary consumers put off big renovations, sending its shares down more than 11 percent.

AP - The Associated Press has withdrawn its story about mortgage delinquencies in the fourth quarter of 2008. The story contained dated information. A corrected story will be sent shortly.

More than 130 million credit and debit card numbers were stolen in what federal authorities believed to be the largest hacking and identify theft case ever prosecuted.

Robert H. Benmosche will receive $7 million a year in cash and stock, a shift from the $1 a year the beleaguered insurer paid its last leader.

New York?s attorney general filed a lawsuit against the brokerage unit of Charles Schwab, claiming that the firm misled customers about the safety of auction-rate securities.

Reuters - U.S. stocks suffered their worst loss in seven weeks on Monday as weak data from Japan and a disappointing outlook from retailer Lowe's Cos dampened hopes about the economy's growth.

AP - Huntington Preferred Capital Inc., which buys and manages mortgage assets, said Monday its board declared a regular quarterly dividend of 49 cents per share of its Class C preferred stock.

The bank issued preferred stock to increase its capital and extricate itself from relying on government guarantees.

China was found to be in violation of free-trade commitments by forcing imported media products to be routed through Chinese companies.

The publisher of Reader's Digest magazines plans to file for Chapter 11 bankruptcy as it tries to cut up to 75% of its debts.

US prosecutors charge a man with carrying out what they say is the largest case of identity theft in American history.

Japan is the latest to officially come out of recession, but world markets have taken a tumble on Monday.

Supermarket Iceland axes Kerry Katona from its adverts, saying it was 'impossible' for her to continue in the role.

Reuters - Stocks suffered their worst loss in seven weeks on Monday as weak data from Japan and a disappointing outlook from retailer Lowe's Cos dampened hopes about the economy's growth.

Reuters - The chief regulator of U.S. commodities markets, Gary Gensler, is serious about limiting speculation in energy futures trading and will move to provide details about managed funds' contract positions in an attempt to make markets more transparent.

AP - WHAT HAPPENED?: The Federal Reserve said it's extending a program that was due to end Dec. 31. The major part of the program, aimed at boosting consumer and business lending, will now run through March 31. Another part that supports new loans for commercial mortgage-backed securities will be extended through June.

New York?s attorney general filed a lawsuit against the brokerage unit of Charles Schwab, claiming that the firm misled customers about the safety of auction-rate securities.

The bank issued preferred stock to increase its capital and extricate itself from relying on government guarantees.

A master sommelier carrying liquid cargo has had her share of challenges from customs agents and the Transportation Security Administration.

Executives say the move will be transparent to readers, with its magazines still publishing and no layoffs expected, but the company will decrease its debt.

Swine flu and the economy hits tango industry

Reuters - CIT Group Inc , a cash-strapped corporate lender scrambling to stay afloat, on Monday reported a second-quarter loss and said it continues to pursue a turnaround plan outside of bankruptcy court.

In the largest identity theft case ever, stolen data was sold and used to make fraudulent purchases.

Private investors buy tax liens from local governments and charge double-digit interest rates and thousands of dollars in service fees.

A guideline calling for aggressive control of blood sugar was withdrawn after a study suggested that such action could harm or even kill some patients.

As carriers cut costs, a variety of strategies are used to keep local service, including reducing fees or guaranteeing revenue.

The agencies said they would extend their joint program to finance consumer and business lending for up to six more months.

Analysts said the sell-off was in part a reaction to weak consumer confidence numbers released in the U.S.

The Securities and Exchange Commission would require short sales to be made only at a price higher than the current best price offered by buyers of the stock.

The dispute between the newspaper and the consumer columnist centers on why he was dismissed.

A weak real estate market, rising unemployment and flagging consumer confidence hurt a home improvement retailer.

The pay package for A.I.G.?s new chief includes $3 million a year in cash, $4 million in stock and eligibility for up to $3.5 million more in stock.

Faced with vast new oil fields, the Brazilian government is seeking to step back close cooperation with foreign oil companies and more directly control extraction.

Eric Butler and a co-defendant were indicted last year, charged in a scheme in which they falsely told clients their products were much safer than they were.

A campaign including Peyton Manning and Justin Timberlake seeks to emphasize Sony as a premium electronics brand.

Some dealers say the government has paid them for only a small fraction of the deals they have made under the car rebate program.

After 14 months of negotiations with a few companies, several banks came through with $325 million to back a projected schedule of about six films annually.

Each passenger to Ely is subsidized by about $4,500, the highest rate in the Essential Air Service program.

?I feel the U.S. government is responsible for my loss,? said on investor, to applause.

Persuading the poorest to rely on bank accounts instead of paying bills by cash is an eternal struggle.

Architectural contents from the Manhattan town house that the former publisher of Penthouse magazine lost to creditors in 2006 were sold at auction.

A food company has several advantages as it prepares to sell $500 million worth of stock.

Cadillac tied for first place with Lexus, while Buick and Lincoln-Mercury placed third and fourth.

With federal stimulus money flowing in, a boondoggle alert has sounded. But just what constitutes a boondoggle is the question.

Newsday?s decision not to carry an advertisement from the Tennis Channel raises questions about the paper?s independence from Cablevision.