Reuters - The U.S. dollar rose against the euro on Monday as a banking crisis worsened in Europe, while Asian stocks fell 2 percent on questions on the effectiveness of a U.S. government plan to save the financial system from ruin.

Reuters - Private equity firms Bain Capital LLC and Hellman & Friedman LLC were closer to a deal on Sunday night to buy Lehman Brothers Holdings Inc's prized Neuberger Berman unit, two sources familiar with the situation said.

Reuters - U.S. lawmakers prepared to vote on Monday on a $700 billion fund to buy toxic debt as the global financial crisis produced Europe's biggest bank rescue to date.

Reuters - Fortis faced a takeover, break-up or nationalization as European Central Bank President Jean-Claude Trichet held emergency talks on Sunday with Dutch and Belgian ministers to restore faith in the Belgian-Dutch financial group.

AFP - The US Senate Saturday approved 25 billion dollars in loan guarantees for the financially strapped US auto industry, intended to spark a wave of automotive innovation.

Reuters - Fortis faced a takeover or break-up as European Central Bank President Jean-Claude Trichet held emergency talks with Dutch and Belgian lawmakers to restore faith in the Belgian-Dutch financial group.

Reuters - Britain's government will nationalize troubled mortgage lender Bradford & Bingley and is discussing the sale of its savings book and branches, people in the banking industry familiar with the matter said.

Reuters - Congressional leaders locked themselves behind closed doors on Saturday and worked into the night with the aim of nailing down a deal on a $700 billion bank bailout and halting a downward spiral in the worst financial crisis since the Great Depression.

AFP - The US Senate has approved 25 billion dollars in loan guarantees for the financially strapped US auto industry, intended to spark a wave of automotive innovation.

Reuters - Shares of Wachovia Corp and National City Corp tumbled on worries about heavy mortgage losses, as talks on a $700 billion financial sector bailout bogged down and regulators seized Washington Mutual Inc in the largest bank failure in U.S. history.

Reuters - Britain will nationalize troubled mortgage lender Bradford & Bingley , the BBC reported on Saturday, but the government said discussions on the bank's future were still going on.

Reuters - Washington Mutual Inc has filed a petition for Chapter 11 bankruptcy protection from creditors in U.S. bankruptcy court in Delaware.

Reuters - Iraq has signed preliminary deals worth billions of dollars with General Electric Co and Siemens for equipment to almost double electricity generation capacity, an energy official said on Saturday.