AFP - Britain's biggest retailer Tesco said on Tuesday that its net profit jumped by almost 11 percent during the group's first half to more than one billion pounds as it beat off economic woes.

AFP - Wall Street blue-chip stocks suffered their worst single-day point decline Monday as markets went into convulsions after US lawmakers rejected a massive rescue of the financial system.

Reuters - Shares of regional banks sank on Monday, with Sovereign Bancorp and National City Corp down 60 percent, as investors feared the sector would be steamrolled by the deepening global credit crisis.

Reuters - There could be more pain ahead for Wall Street on Tuesday as the odds of quick passage of the $700 billion bill to bail out the financial sector looked slim after lawmakers rejected the first version on Monday.

Reuters - The Dow industrials plunged on Monday in their biggest decline ever after U.S. lawmakers unexpectedly rejected a $700 billion financial bailout, spooking investors who fear for the future of global markets and the U.S. economy.

Reuters - U.S. lawmakers rejected a $700 billion bailout plan for the financial industry in a shock vote that sent global markets sliding as European authorities scrambled to prop up a slew of banks.

Reuters - Apple Inc shares tumbled 16 percent on Monday, their biggest drop in seven years, amid concerns the maker of Mac computers and other consumer electronics will suffer as the economy slows.

Reuters - Shares of regional banks sank on Monday, with National City Corp down 45 percent, as the sector suffered what analysts called a deepening crisis of confidence.

Reuters - Facing his worst-ever slide due to catastrophic bets on financials, Legg Mason Inc fund manager Bill Miller is toning down his characteristic bold investment style in an attempt to recapture his past glory.

Reuters - Stocks plunged on Monday as the U.S. House of Representatives rejected a $700 billion financial sector bailout plan, renewing fear about frozen world credit markets and the global economy's health.

AP - Financial markets remained on edge Friday after the Bush administration's proposal for a $700 billion banking bailout ran into opposition from Republican lawmakers. Stocks ended mixed, with big financial companies lifting the Dow Jones industrials more than 120 points, but worries about smaller banks and parts of the technology sector taking much of the market lower.

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.