Reuters - Sirius Satellite Radio Inc's planned acquisition of rival XM Satellite Radio Holdings Inc on Monday moved closer to consummation after a key U.S. regulator expressed support for the 16-month-old deal, driving up both companies' shares.

Reuters - Policy- makers around the globe declared soaring inflation a top threat on Monday, with pressure rising for central bank interest rate increases amid protests against higher costs of living.

Reuters - American International Group Inc Chairman Robert Willumstad said one of the first things he did after being named chief executive was to reach out to former CEO Maurice (Hank) Greenberg, a large AIG shareholder who has had an acrimonious relationship with the insurer since leaving three years ago.

Reuters - The Dow briefly turned positive on Monday and the Nasdaq rose more than 1 percent as oil prices reversed an earlier climb, providing investors with some comfort following data that revived concerns about the economy.

AFP - European equity prices dropped on Friday as oil and mining majors lost ground, but losses were limited by gains to banking share prices, traders said.

Reuters - Honda Motor Co (7267.T) kicked off production on Monday of its newest fuel-cell car, as the automaker gears up for the battle to dominate the market for next-generation vehicles.

Reuters - Japanese police have arrested four men on suspicion of defrauding U.S. investment bank Lehman Brothers by using fake documents carrying trading firm Marubeni Corp's (8002.T) letterhead, a police spokesman said.

Reuters - Starbucks Corp is planning a more aggressive expansion into overseas markets to compensate for weakness in the United States, Starbucks CEO Howard Schultz said in a newspaper interview on Monday.

Reuters - The world's biggest insurer, American International Group Inc , replaced CEO Martin Sullivan on Sunday after it suffered two quarters of record losses from risky mortgage bets and its share price more than halved over the past year.

Reuters - Wall Street analysts have forecast a huge drop in second-quarter earnings for Goldman Sachs Group Inc and Morgan Stanley , while Lehman Brothers Holdings Inc is expected to post its first-ever quarterly loss, mainly on hedging losses.

AP - As the American economy slowed to a crawl and stockholders watched their money evaporate, CEO pay still chugged to yet more dizzying heights last year, an Associated Press analysis shows.

Reuters - Institutional investors in the Royal Bank of Scotland have approached Philip Hampton, chairman of supermarket group J. Sainsbury , about becoming chairman of the bank, the Sunday Telegraph reported.

Reuters - Top hedge fund bosses will debate whether an upturn in distressed investing or profitable macro strategies offer 2008's blockbuster trade, just as short subprime was in 2007, when they meet in Monaco this week.

Reuters - U.S. authorities have sought legal assistance from Switzerland's Federal Office of Justice in an investigation into tax evasion through offshore bank accounts at UBS , Swiss media reported on Sunday.

Reuters - The board of American International Group Inc was meeting on Sunday to accept the possible resignation of Chief Executive Martin Sullivan, The Wall Street Journal reported on its website, citing a person familiar with the matter.