AP - U.S. and European stock markets fell Monday after Citigroup Inc. said it would cut another 53,000 jobs around the world in the coming quarters to deal with the fallout from the financial crisis. Asian shares were steady earlier.

AP - German Chancellor Angela Merkel said Monday after meeting with leaders of Adam Opel GmbH that it was "not yet determined" whether the automaker would be given euro1 billion ($1.25 billion) in loan guarantees from the government.

AFP - London shares were in the red on Monday, led by retail stocks as recession fears stalked investors.

AP - More ads, less gems: Top producers crafted emergency plans Monday to make sure that diamonds remain a girl's best friend this Christmas, despite the economic gloom.

AFP - Officials from EU and developing nations on Monday hailed the results of a crisis summit of world leaders while expressing concern at the impact of the economic strife on the world's poorest.

AFP - Iceland and a group of EU countries have agreed on a negotiating framework to settle a banking row between the island and Britain over compensating savers, the government in Reykjavik said Sunday.

AFP - Share prices here fell by 0.32 percent on the FTSE 100 share index when trading began here on Monday in the first European deals after an economic crisis summit in Washington at the weekend.