AFP - Oil prices briefly struck fresh record highs over 142 dollars on Friday as the US dollar remained weak, and as world stock markets tumbled amid economic jitters marking the end of a volatile week.

Reuters - The world's biggest bond fund manager anticipates that Barack Obama will be the next U.S. president, and warns that he will face stern economic circumstances.

Reuters - Stocks rose on Monday as record crude oil prices lifted energy shares on the final trading day of the month and the second quarter, offsetting a financial sector sell-off on fears of further credit losses.

Reuters - Tax preparer H&R Block Inc said on Monday it swung to a quarterly profit from a loss, beating estimates and driving the stock 6.6 percent higher, as revenue rose 11 percent.

Reuters - Shares of General Motors Corp tumbled to a 54-year low while smaller rival Ford Motor Co shares fell as much as 10 percent on Monday on concerns record oil prices would further hit U.S. demand for vehicles.

Reuters - Ford Motor Co has had exploratory talks with French automaker Renault SA to sell Volvo, but the initial talks broke down due to price differences, sources familiar with the matter told Reuters.

Reuters - Chrysler LLC said it scheduled a briefing on Monday afternoon to discuss an unspecified "manufacturing action" it plans to take in response to a slumping U.S. auto market.

Reuters - Who would President Barack Obama or President John McCain choose as the next U.S. Treasury secretary?

Reuters - Oil rose over $1 to near $142 a barrel on Monday, bolstered by a weak U.S. dollar and continuing tensions between Israel and Iran over Tehran's nuclear program.

Reuters - Citigroup is planning to change its bonus system for senior managers to encourage different parts of the vast company to cooperate and help one another win business, a person familiar with the matter told Reuters.