Gold slipped, extending the biggest weekly loss since April, as prospects for the first U.S. interest rate increase since 2006 helped to push the dollar to a one-month high.
European stocks fell in early trading after a Greek minister said that Athens would struggle to meet its upcoming debt payments. Interior Minister Nikos Voutsis made his comments during a weekend TV programme.
BEIJING - China announced today it will cut import taxes on clothing, cosmetics and some other goods by half in a new tactic to spur consumer spending and economic growth.
The Vatican bank said Monday its profit soared by more than 20 times last year as it recovered from a trading loss and continued its reform process away from its scandal-marred past.
AFRICA'S largest telecoms operator, MTN, said on Monday fuel shortages in Nigeria, its biggest market, were disrupting its services.