AP - The euro and pound fell against the dollar Monday as worries about European economies continued.

AP - Iceland's leaders say the economic crisis could bring down the country's government within 24 hours.

AP - Oil-rich Norway's coalition government announced a 20 billion kroner ($2.9 billion) stimulus package on Monday intended to dampen the impact of the global financial crisis with tax cuts and increased spending.

AP - Poland's jobless rate rose to 9.5 percent in December, according to government data released Monday, in the latest sign the global financial crisis has started to squeeze the country's once-booming economy.

AP - Steel giant Corus said Monday that it will cut 3,500 jobs around the world, with 2,500 jobs going in Britain alone, in an attempt to shore up its finances which have been battered by the sharp fall in global demand.

AP - The British-based Sky News channel joined the BBC on Monday in refusing to broadcast an emergency fundraising appeal designed to raise money for people living in the Gaza Strip.

AP - Two of France's largest banks said Monday they plan to merge their asset management businesses in a deal to create Europe's fourth largest retail and institutional money manager.

AP - The European Commission suggested Monday that the European Union should help fund private-sector financial oversight groups to make them independent of the market.

AFP - The euro and the British pound fell against the dollar on Monday with dealers gloomy about prospects for recession-hit European economies.

AP - British Prime Minister Gordon Brown said Monday the economic downturn around the world can only be brought to an end if countries work together to tackle the financial crisis.

AP - Serbia's currency dropped to an all-time low against the euro on Monday, despite repeated central bank interventions to support it on foreign exchange markets.

AP - Customers of plane maker Airbus will benefit from euro5 billion ($6.4 billion) in new state-backed bank financing aimed at supporting the aeronautic industry, a Finance Ministry official said Monday.

AP - German tire and autoparts maker Continental AG said Monday that its financial situation was stable after a news report that it and majority shareholder Schaeffler Group KG were seeking euro1 billion ($1.3 billion) in state aid sent its shares tumbling.

AP - Iceland's prime minister says the island nation's coalition government has collapsed amid a deepening financial crisis.

AP - The U.S. dollar was mixed against other major currencies in European trading Monday morning. Gold rose.

AP - Iceland's coalition government collapsed Monday, leaving the island nation in political turmoil amid a financial crisis that has pummeled its economy and required an international bailout.

AP - A Swiss court on Monday ordered the son of Parmalat founder Calisto Tanzi to do 720 hours of community work for defrauding the company of money during the purchase of a corporate jet.

AP - Germany's Finance Ministry said Monday that it has appointed the former chief executive of a public-sector bank to oversee the country's bank bailout fund, whose first leader announced his resignation last week.

AP - Looking at the shows that kicked off Paris' haute couture week on Monday, you'd never know the world was the midst of the most serious financial turmoil since the Great Depression.