GM Europe head says to sell Opel to Magna soon: report - Reuters - 1 hour, 43 minutes ago
General Motors Europe President Carl-Peter Forster expects to sell German unit Opel to Canadian auto parts supplier Magna soon, he told a German newspaper.

Shanghai plans own "Wall Street bull": report - Reuters - Sat 12:01 am ET
Wall Street may be down on its luck, but China's growing business hub, Shanghai, plans to install its own version of the Street's famed charging bull statue, casting in metal its hopes to eventually rival New York.

About 10 firms submit bids for AIG Taiwan unit: reports - Reuters - Fri 11:38 pm ET
About 10 global and Taiwan financial firms have submitted bids to buy troubled AIG's Taiwanese insurance unit, newspapers said on Saturday, in a deal that could fetch up to over $2 billion.

Teck to sell 17 percent stake to China for C$1.74 billion - Reuters - Fri 5:29 pm ET
Teck Resources said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp in a deal that will help the Canadian miner pay down its debt while expanding China's portfolio of commodity investments.

Stanford clients sue insurance broker Willis Group - Reuters - Fri 4:48 pm ET
Several Mexican clients of Stanford Financial Group have sued insurance broker Willis Group Holdings Ltd , contending it was a willing participant in a $7 billion fraud at the Texas-based investment company.

Dollar status unlikely to be in G8 communique: G8 source - Reuters - Fri 2:13 pm ET
The dollar's status as the top global reserve currency is unlikely to be mentioned explicitly in the final communique at next week's Group of Eight summit, a European G8 source involved in preparations for the meeting said on Friday.

Oil falls below $66 after bleak U.S. jobs data - Reuters - Fri 1:42 pm ET
Oil dropped a dollar to below $66 a barrel on Friday after unemployment data hardened views economic weakness would sap energy demand and that last month's rally was overdone.