Reuters - A former Siemens (SIEGn.DE) manager who built a system of slush funds and fake contracts for the engineering giant told a court he later tried to stop the systematic bribery but top managers failed to act.

Reuters - Wolfgang Ziebart has resigned as chief executive of German chipmaker Infineon (IFXGn.DE) over management clashes about strategy and will be replaced by board member Peter Bauer, the company said.

Reuters - The U.S. Securities & Exchange Commission (SEC) is looking into the workings of the three main credit rating agencies, prompted by their handling of the subprime crisis and a report of computer errors at Moody's

Reuters - Insurance Australia Group Ltd , which last week spurned a takeover offer by rival QBE , said on Monday its Chief Executive Michael Hawker had resigned with immediate effect, triggering a 3 percent jump in its shares.

Reuters - Oil rose towards $133 a barrel on Monday, extending the previous session's gains on a supply outage at the Statfjord oilfield in the North Sea and a weak U.S. dollar.

Reuters - Asian stocks fell on Monday, with shares in Japan suffering their biggest fall in six weeks, as investors feared rising inflation and sluggish U.S. economic growth would seriously dent consumer demand in the region's biggest export market.

AFP - Europe's main stock markets fell on Friday as rebounding oil prices weighed on the auto and aviation sectors, while miners slid on profit-taking, traders said.

Reuters - Blame for the sub-prime crisis lies at the feet of banks who took too many risks in mortgage lending, U.S. billionaire investor Warren Buffett told newspaper El Pais in an interview published on Sunday.

Reuters - Oil prices will likely take on more importance for the stock market this week as the summer driving season officially kicks off and as more companies feel the pinch of higher energy prices on their profit margins.