Aaron's Daily WWW Newspaper

WASHINGTON (Reuters) - President Barack Obama enters an important campaign week tied with Republican presidential nominee Mitt Romney, a Reuters/Ipsos poll found on Sunday, leaving the incumbent an opportunity to edge ahead of his opponent at the Democratic National Convention. With the Democrats set to nominate Obama for a second term this week in Charlotte, North Carolina, the race to the presidential election on November 6 is tight with 45 percent for Obama and 45 percent for Romney among likely …

The Rev. Sun Myung Moon was a self-proclaimed messiah who built a global business empire. He called both North Korean leaders and American presidents his friends, but spent time in prisons in both countries. His followers around the world cherished him, while his detractors accused him of brainwashing recruits and extracting money from worshippers.

Glenn Smith left a lucrative job at a Dallas-area technology firm for an early retirement of restoring Soviet fighter jets and flying to exhibitions across the country.

LONDON (Reuters) - Rebekah Brooks, a former Rupert Murdoch executive and friend of Prime Minister David Cameron, appeared in a London court on Monday accused of conspiring to hack the phones of a murdered schoolgirl and hundreds of other high-profile victims. The former editor of Murdoch's now-closed News of the World tabloid quit as chief executive of his British newspaper arm last year in a scandal that raised questions about the links between Britain's media, politicians and police. ...

Britain's Prince Andrew has rappelled 785 feet (239 meters) down the side of Europe's tallest building to raise money for charity.

The South African has said he was at a disadvantage caused by artificial leg length

Pistorius apologises for outburst AFP - 1 hr 1 min ago

South Africa's Oscar Pistorius apologised on Monday for the timing of his outburst after losing his T44 200m title, but insisted there was an issue with large prosthetics lengthening an amputee's stri … More »Pistorius apologises for outburst

South Africa's Benni McCarthy fights for the ball with Yuichi Komano of Japan during their international friendly soccer match in Port Elizabeth

McCarthy wins surprise recall to South Africa squad Reuters - 1 hr 6 mins ago

JOHANNESBURG (Reuters) - Benni McCarthy, deemed too fat and ill disciplined to play in the last World Cup, won a surprise recall from South Africa for Friday's friendly against Brazil. The former Blackburn … More »McCarthy wins surprise recall to South Africa squad

JOHANNESBURG (Reuters) - Benni McCarthy, deemed too fat and ill disciplined to play in the last World Cup, won a surprise recall from South Africa for Friday's friendly against Brazil. The former Blackburn Rovers and West Ham striker, who missed out on playing at the 2010 World Cup on home soil after South Africa dropped …

Scots face injury problems ahead of qualifiers AFP - 1 hr 43 mins ago

Scotland's hopes of making a strong start to their bid to reach the 2014 World Cup in Brazil have been hit by injuries to several defenders ahead of their opening qualifiers against Serbia and Macedon … More »Scots face injury problems ahead of qualifiers

Grosjean triggered an opening lap pile-up that eliminated four cars

Banned Grosjean will learn, says Lotus boss AFP - 1 hr 50 mins ago

Lotus team chief Eric Boullier hopes his errant French driver Romain Grosjean will learn from his errors this season after being handed a one-race ban and a 50,000 Euros fine at Sunday's Belgian Grand … More »Banned Grosjean will learn, says Lotus boss

Gohary played for Egypt's top team, Al-Ahly between 1955 and 1961

Egypt football icon Gohary dies AFP - 1 hr 53 mins ago

Egyptian football coach Mahmud al-Gohary, who steered his national team to the World Cup in 1990, died Monday aged 74 after suffering a brain stroke in Jordan, the official MENA news agency said. More »Egypt football icon Gohary dies

Egyptian football coach Mahmud al-Gohary, who steered his national team to the World Cup in 1990, died Monday aged 74 after suffering a brain stroke in Jordan, the official MENA news agency said.

Oscar Pistorius (right) shakes hands with Alan Oliveira after the race. Pistorius said: "That was Alan's moment"

Defeated Pistorius apologises for timing of outburst AFP - 1 hr 55 mins ago

South Africa's Oscar Pistorius apologised Monday for the timing of his outburst after losing his T44 200m title, but insisted there was an issue with large prosthetics lengthening an amputee's stride. More »Defeated Pistorius apologises for timing of outburst

Ronaldo scored a brace in Madrid's 3-0 win over Granada on Sunday but did not celebrate either goal

'Sad' Ronaldo sparks speculation over Real future AFP - 1 hr 58 mins ago

Real Madrid star striker Cristiano Ronaldo sparked a storm of media speculation over his future on Monday by saying he was 'sad' at the club. More »'Sad' Ronaldo sparks speculation over Real future

Real Madrid star striker Cristiano Ronaldo sparked a storm of media speculation over his future on Monday by saying he was 'sad' at the club.

Nadal has also missed the Olympics as well as the ongoing US Open

Injured Nadal out of Davis Cup semis AFP - 2 hrs 11 mins ago

World number three Rafael Nadal has pulled out of the Davis Cup semi-final against the United States with a knee injury and will be sidelined for at least two more months, he said in a statement on Mo … More »Injured Nadal out of Davis Cup semis

Kislyak is on the books of Russian Premier League side Rubin Kazan but is currently on loan to FC Krasnodar

Kislyak called up for Belarus squad AFP - 2 hrs 37 mins ago

Belarus national coach Georgy Kondratiev on Monday called up midfielder Sergei Kislyak into his squad for the 2014 World Cup qualifiers with Georgia at Tbilisi on September 7 and France at Paris on September … More »Kislyak called up for Belarus squad

Injured Nadal pulls out of Davis Cup semis AFP - 2 hrs 49 mins ago

World number three Rafael Nadal has pulled out of the Davis Cup semi-finals with a knee injury and will stay on the injured list for the next two months, he said in a statement on Monday. More »Injured Nadal pulls out of Davis Cup semis

World number three Rafael Nadal has pulled out of the Davis Cup semi-finals with a knee injury and will stay on the injured list for the next two months, he said in a statement on Monday.

Henry and other investors have said the club is a long-term investment

Liverpool 'won't risk future' with heavy spending AFP - 2 hrs 55 mins ago

Liverpool's principal owner John Henry insists he did everything in his power to back boss Brendan Rodgers in the transfer market without putting the club's future at risk. More »Liverpool 'won't risk future' with heavy spending

Liverpool's principal owner John Henry insists he did everything in his power to back boss Brendan Rodgers in the transfer market without putting the club's future at risk.

South Africa's Pistorius crosses finish line in second place during men's 200m T44 classification at Olympic Stadium during London 2012 Paralympic Games

Pistorius "sorry" over timing of outburst Reuters - 2 hrs 58 mins ago

(Reuters) - South Africa's 'Blade Runner' Oscar Pistorius has expressed regret over the timing of his outburst following his shock loss to Brazil's Alan Oliveira in the 200 meters final at the London Paralympic … More »Pistorius "sorry" over timing of outburst

Louisville quarterback Teddy Bridgewater looks to pass against Kentucky during first-half action during an NCAA college football game at Cardinal Stadium in Louisville, Ky., Sunday, Sept. 2, 2012. (AP Photo/Garry Jones)

No. 25 Louisville romps 32-14 over rival Kentucky AP - 4 hrs ago

Not known for lavishing praise, Louisville coach Charlie Strong found himself acting out of character. More »No. 25 Louisville romps 32-14 over rival Kentucky

Not known for lavishing praise, Louisville coach Charlie Strong found himself acting out of character.

FILE - This Aug. 26, 2012 file photo shows San Francisco 49ers head coach Jim Harbaugh, right, arguing with a replacement official during the second quarter of an NFL preseason football game against the Denver Broncos, in Denver. The NFL will open the regular season with replacement officials. League executive Ray Anderson has told the 32 teams that with negotiations remaining at a standstill between the NFL and the officials' union. The replacements will be on the field beginning next Wednesday night, Sept. 5, 2012 when the Cowboys visit the Giants to open the season. (AP Photo/Joe Mahoney, File)

Fill-in refs raising concerns as NFL season looms AP - 4 hrs ago

Replacement officials probably can't start the regular season as poorly as they did the preseason. More »Fill-in refs raising concerns as NFL season looms

Replacement officials probably can't start the regular season as poorly as they did the preseason.

Ryan Hunter-Reay celebrates in victory lane after winning the IZOD IndyCar Grand Prix of Baltimore auto race, Sunday, Sept. 2, 2012, in Baltimore. (AP Photo/Nick Wass)

Hunter-Reay win tightens IndyCar points race AP - 4 hrs ago

With a victory in the Grand Prix of Baltimore, Will Power could have clinched his first IndyCar Series championship and made the final race of the year irrelevant. More »Hunter-Reay win tightens IndyCar points race

With a victory in the Grand Prix of Baltimore, Will Power could have clinched his first IndyCar Series championship and made the final race of the year irrelevant.

Denny Hamlin celebrates in Victory Lane after winning the NASCAR Sprint Cup Series auto race at Atlanta Motor Speedway, Sunday, Sept. 2, 2012, in Hampton, Ga. (AP Photo/Rainier Ehrhardt)

Hamlin celebrates, Gordon laments a blown chance AP - 4 hrs ago

While Denny Hamlin whooped it up in Victory Lane for the second week in a row, Jeff Gordon lamented one that got away. More »Hamlin celebrates, Gordon laments a blown chance

While Denny Hamlin whooped it up in Victory Lane for the second week in a row, Jeff Gordon lamented one that got away.

Andy Roddick reacts during his match against Italy's Fabio Fognini in the third round of play at the 2012 US Open tennis tournament, Sunday, Sept. 2, 2012, in New York. (AP Photo/Mike Groll)

Roddick stays alive at US Open, beats Fognini AP - 4 hrs ago

Andy Roddick took up a new tradition in his final tournament. More »Roddick stays alive at US Open, beats Fognini

Andy Roddick took up a new tradition in his final tournament.

John Isner wraps his head with ice wrapped in a towel during his match with Philipp Kohlschreiber, of Germany, in the third round of play at the 2012 US Open tennis tournament, early Monday, Sept. 3, 2012 in New York. The match began on Sunday evening. (AP Photo/Charles Krupa)

Isner loses in 5 sets at 4th Grand Slam this year AP - 5 hrs ago

The latest example of John Isner's knack for playing marathon matches — and, lately, losing them — was a 6-4, 3-6, 4-6, 6-3, 6-4 third-round exit at the U.S. Open against Philipp Kohlschreiber that ended … More »Isner loses in 5 sets at 4th Grand Slam this year

The latest example of John Isner's knack for playing marathon matches — and, lately, losing them — was a 6-4, 3-6, 4-6, 6-3, 6-4 third-round exit at the U.S. Open against Philipp Kohlschreiber that ended at 2:26 a.m. Monday, tying the tournament record for latest finish.

Diego Maradona, sacked in July as coach of Dubai's Al Wasl, has been appointed as Honorary Ambassador of Sports in Dubai

Dubai names Maradona football ambassador AFP - 5 hrs ago

Argentinian football legend Diego Maradona, sacked in July as coach of Dubai's Al Wasl, has been appointed as Honorary Ambassador of Sports in Dubai under a deal inked at a media conference. More »Dubai names Maradona football ambassador

Argentinian football legend Diego Maradona, sacked in July as coach of Dubai's Al Wasl, has been appointed as Honorary Ambassador of Sports in Dubai under a deal inked at a media conference.

Oscar Pistorius claims he was at a disadvantage in the race over artificial leg length

Defeated Pistorius re-opens prosthetics debate AFP - 5 hrs ago

South Africa's Oscar Pistorius has re-opened the debate about whether artificial blades give amputee runners an unfair advantage after sensationally losing his T44 200m title at the London Paralympics … More »Defeated Pistorius re-opens prosthetics debate

Kohlschreiber beats Isner after 2 a.m. at US Open AP - 5 hrs ago

Tying the record for latest finish at the U.S. Open, Philipp Kohlschreiber of Germany eliminated marathon man John Isner of the United States 6-4, 3-6, 4-6, 6-3, 6-4 at 2:26 a.m. Monday, reaching the … More »Kohlschreiber beats Isner after 2 a.m. at US Open

Novak Djokovic of Serbia has stormed into the US Open last 16

Djokovic storms into US Open last 16 AFP - 5 hrs ago

Defending champion Novak Djokovic stormed into the US Open last 16 as Andy Roddick stretched his long goodbye into a prime-time showdown with fellow former champion Juan Martin Del Potro. More »Djokovic storms into US Open last 16

Defending champion Novak Djokovic stormed into the US Open last 16 as Andy Roddick stretched his long goodbye into a prime-time showdown with fellow former champion Juan Martin Del Potro.

Bernard Tomic exited from the US Open at the hands of Andy Roddick, prompting allegations that he was not trying

Tomic 'disgraceful', says Davis Cup captain Rafter AFP - 5 hrs ago

Australian Davis Cup captain Pat Rafter has lashed out at Bernard Tomic's "disgraceful" performance at the US Open, saying the teen star needs to "pull his socks up". More »Tomic 'disgraceful', says Davis Cup captain Rafter

Australian Davis Cup captain Pat Rafter has lashed out at Bernard Tomic's "disgraceful" performance at the US Open, saying the teen star needs to "pull his socks up".

Andy Roddick celebrates after beating Italy's Fabio Fognini in the third round of play at the 2012 US Open tennis tournament, Sunday, Sept. 2, 2012, in New York. (AP Photo/Mike Groll)

Roddick beats Fognini to postpone retirement AP - 5 hrs ago

Knowing full well each match could be his last, Andy Roddick is putting on a show while soaking up every moment along the way. More »Roddick beats Fognini to postpone retirement

Knowing full well each match could be his last, Andy Roddick is putting on a show while soaking up every moment along the way.

Maria Sharapova of Russia celebrates match point to defeat Nadia Petrova of Russia during their match at the US Open

Sharapova shines after the rain delay Reuters - 6 hrs ago

NEW YORK (Reuters) - Maria Sharapova shrugged off a verbal jab from Nadia Petrova about being saved by the rain after sneaking into the quarter-finals of the U.S. Open on Sunday. Sharapova won a nail-biter … More »Sharapova shines after the rain delay

FILE - In this June 28, 2012, file photo, Massachusetts Gov. Deval Patrick speaks, as Health and Human Services Secretary JudyAnn Bigby listens at right, during a news conference at the Statehouse in Boston, where he spoke about the U.S. Supreme Court's decision to uphold President Barack Obama's health care overhaul. Some of President Barack Obama’s former advisers are proposing major changes aimed at controlling health care costs as political uncertainty hovers over his health law. Call it Health Care Overhaul, Version 2.0. Their biggest idea is a first-ever budget for the nation’s $2.8-trillion health care system, through negotiated limits on public and private spending in each state. The approach broadly resembles a Massachusetts law signed this summer by Patrick that puts pressure on hospitals, insurers, and other major players to keep rising costs within manageable limits. It could become the Democratic counterpoint to private market strategies favored by Republican presidential nominee Mitt Romney and running mate Paul Ryan. (AP Photo/Elise Amendola, File)

Ex-Obama advisers seek health care cost control AP - 23 hrs ago

Some of President Barack Obama's former advisers are proposing major changes aimed at controlling health care costs as political uncertainty hovers over his health … More »Ex-Obama advisers seek health care cost control

Some of President Barack Obama's former advisers are proposing major changes aimed at controlling health care costs as political uncertainty hovers over his health law.

In this Wednesday, Aug. 22, 2012 photo, a shopper pushes a trolley through the clearance section of a store in Chicago. During the recession, retailers used sales to lure cash-strapped Americans into stores. But that strategy has backfired. It has bred a group of deal junkies that won’t shop unless they see “70 percent” signs or yellow clearance stickers. (AP Photo/Sitthixay Ditthavong)

Deal junkies hurt stores' profits AP - 22 hrs ago

Joelle Daddino is making it difficult for stores to make money. More »Deal junkies hurt stores' profits

Joelle Daddino is making it difficult for stores to make money.

'Possession' takes control in slow movie weekend AP - 15 hrs ago

The fright flick "The Possession" has scared up a No. 1 debut with $17.7 million from Friday to Sunday over the long Labor Day weekend. More »'Possession' takes control in slow movie weekend

The fright flick "The Possession" has scared up a No. 1 debut with $17.7 million from Friday to Sunday over the long Labor Day weekend.

FILE - This undated image released by Warner Bros. Pictures shows Christian Bale as Bruce Wayne, left, and Michael Caine as Alfred in a scene from the "The Dark Knight Rises." Studio executives expected their biggest summer ever this year. What they got were two colossal hits ("The Avengers" and "The Dark Knight Rises"), a solid slate of back-up blockbusters (among them "The Amazing Spider-Man" and "Ted") and plenty of duds ("Battleship," "Total Recall") that just didn't deliver. (AP Photo/Warner Bros. Pictures, Ron Phillips, File)

Hollywood's summer heads south as films fizzle AP - 19 hrs ago

Studio executives expected their biggest summer ever this year as they loaded their lineup with huge action movies and superhero franchises. More »Hollywood's summer heads south as films fizzle

Studio executives expected their biggest summer ever this year as they loaded their lineup with huge action movies and superhero franchises.

Oil falls on weak China manufacturing AP - 3 hrs ago

Oil prices fell Monday after weaker-than-expected manufacturing data from China intensified concerns about the global economy. More »Oil falls on weak China manufacturing

Oil prices fell Monday after weaker-than-expected manufacturing data from China intensified concerns about the global economy.

World stocks rise on expectations of China easing AP - 3 hrs ago

World stock markets rose Monday after a contraction in China's manufacturing boosted expectations of more stimulus to help the world's second-biggest economy. More »World stocks rise on expectations of China easing

World stock markets rose Monday after a contraction in China's manufacturing boosted expectations of more stimulus to help the world's second-biggest economy.

U.S. Federal Reserve Chairman Bernanke arrives for a news conference at the Federal Reserve in Washington

At Jackson Hole, a growing fear for Fed independence Reuters - 15 hrs ago

JACKSON HOLE, Wyoming (Reuters) - Increasing political encroachment on the Federal Reserve, particularly from the Republican Party, could threaten the central bank's … More »At Jackson Hole, a growing fear for Fed independence

JACKSON HOLE, Wyoming (Reuters) - Increasing political encroachment on the Federal Reserve, particularly from the Republican Party, could threaten the central bank's hard-won independence and undermine confidence in the nearly 100-year old institution. That was the pervasive sentiment among economists gathered at the Fed's …

File photo of a worker fixing an entrance sign at Samsung booth before IFA consumer electronics fair in Berlin

Samsung's crisis culture: a driver and a drawback Reuters - 14 hrs ago

SEOUL (Reuters) - In his 1997 book, Samsung Chairman Lee Kun-hee wrote that a successful company needs a "heightened sense of crisis", so that it always looks ahead even … More »Samsung's crisis culture: a driver and a drawback

SEOUL (Reuters) - In his 1997 book, Samsung Chairman Lee Kun-hee wrote that a successful company needs a "heightened sense of crisis", so that it always looks ahead even when it's doing well, and needs to be able to respond to change. It's a credo that has driven Samsung Electronics to become the world's biggest technology …

Cambodia considers Swedish request on Pirate Bay co-founder Reuters - 5 hrs ago

PHNOM PENH (Reuters) - Cambodian authorities have arrested a co-founder of Pirate Bay, one of the world's biggest free file-sharing websites, and are considering a request … More »Cambodia considers Swedish request on Pirate Bay co-founder

PHNOM PENH (Reuters) - Cambodian authorities have arrested a co-founder of Pirate Bay, one of the world's biggest free file-sharing websites, and are considering a request from Sweden to send him there where he faces a jail sentence for breaching copyright laws. The Swedish man, Gottfrid Svartholm Warg, 27, has been living …

Source: NY probing equity firms, including Bain AP - 18 hrs ago

New York's attorney general is investigating tax strategies of some of the nation's largest private equity firms, including Bain Capital, founded by Republican presidential … More »Source: NY probing equity firms, including Bain

New York's attorney general is investigating tax strategies of some of the nation's largest private equity firms, including Bain Capital, founded by Republican presidential nominee Mitt Romney, an official familiar with the probe said Sunday.

An employee works in the assembly line of the Peugeot 207 at the PSA Peugeot Citroen plant in Poissy

Europe's carmakers ready cuts to emulate Detroit Reuters - 16 hrs ago

PARIS (Reuters) - Europe's volume carmakers are returning from summer breaks with their sleeves rolled up, ready to shut plants and lay off staff in what many see as … More »Europe's carmakers ready cuts to emulate Detroit

PARIS (Reuters) - Europe's volume carmakers are returning from summer breaks with their sleeves rolled up, ready to shut plants and lay off staff in what many see as an overdue push to cut costs as their U.S. counterparts did three years ago. In 2009, when the United States rescued General Motors and Chrysler from bankruptcy …

Li, co-founder, chairman and chief executive officer of Baidu, arrives to speak at the Baidu technology innovation conference in Beijing

China's Baidu to invest $1.6 billion to set up cloud computing centre Reuters - 4 hrs ago

BEIJING (Reuters) - China's largest search engine Baidu Inc will invest more than 10 billion yuan ($1.6 billion) to set up its cloud computing centre, Baidu's chief financial … More »China's Baidu to invest $1.6 billion to set up cloud computing centre

BEIJING (Reuters) - China's largest search engine Baidu Inc will invest more than 10 billion yuan ($1.6 billion) to set up its cloud computing centre, Baidu's chief financial officer Jennifer Li said on Monday. Baidu, which unveiled its mobile Internet browser at its annual conference in Beijing, is pushing deep into cloud …

Markets buoyed by China stimulus hopes AP - 2 hrs 42 mins ago

Markets started yet another potentially crucial week on a solid note as investors betted on more central bank action and that China would enact more stimulus measures … More »Markets buoyed by China stimulus hopes

Markets started yet another potentially crucial week on a solid note as investors betted on more central bank action and that China would enact more stimulus measures following a dispiriting manufacturing survey.

Asia stocks down after China manufacturing falls AP - 10 hrs ago

Asian stock markets are mostly lower following data that showed a contraction in Chinese manufacturing for August. More »Asia stocks down after China manufacturing falls

Asian stock markets are mostly lower following data that showed a contraction in Chinese manufacturing for August.

Number of unemployed in France passes 3 million AP - 1 hr 25 mins ago

The number of French unemployed has broken through the 3 million barrier, the country's leaders say. More »Number of unemployed in France passes 3 million

The number of French unemployed has broken through the 3 million barrier, the country's leaders say.

File - In this June 26, 2012 file photo, Spain's Economy Minister Luis De Guindos speaks during a meeting in Madrid. Spain’s government Friday Aug. 30, 2012 approved a major new financial sector reform that creates a "bad bank" to contain toxic property investments and gives the central bank more powers to shut down troubled lenders. The royal decree reform is the fifth such package Spain has introduced since the economic crisis began in 2008. De Guindos said the new entity would be controlled by the central bank but would be semi-private. He said it would be operational before the end of November. (AP Photo/Daniel Ochoa de Olza, File)

Spain official sees $125 BN as enough for banks AP - 1 hr 43 mins ago

Spain's Economy Minister says he doesn't expect his country's banks to need all of the €100 billion ($125.7 billion) being provided by the countries that use the euro … More »Spain official sees $125 BN as enough for banks

Spain's Economy Minister says he doesn't expect his country's banks to need all of the €100 billion ($125.7 billion) being provided by the countries that use the euro to prevent the Spanish financial sector's collapse.

Fugitive U.S. businessman deported to UAE from Yemen Reuters - 20 hrs ago

SANAA (Reuters) - Yemen has deported an American businessman back to the United Arab Emirates from where he fled last month after being freed on bail while facing embezzlement … More »Fugitive U.S. businessman deported to UAE from Yemen

SANAA (Reuters) - Yemen has deported an American businessman back to the United Arab Emirates from where he fled last month after being freed on bail while facing embezzlement charges, his spokesman and a Yemeni security official said on Sunday. Zack Shahin, former chief executive of Deyaar one of Dubai's biggest property …

Portugal PM defiant on austerity success Reuters - 19 hrs ago

LISBON (Reuters) - Portugal's government is managing to slash spending in line with commitments to its global lenders and the budget gap is shrinking, Prime Minister … More »Portugal PM defiant on austerity success

LISBON (Reuters) - Portugal's government is managing to slash spending in line with commitments to its global lenders and the budget gap is shrinking, Prime Minister Pedro Passos Coelho said on Sunday, rejecting opposition claims his austerity plan has failed. EU and IMF inspectors are conducting the quarterly review of …

FILE - In this June 29, 2012 file photo German Finance Minister Wolfgang Schaeuble addresses lawmakers about the decisions of the EU summit at the parliament Bundestag in Berlin, Germany. Schaeuble said Monday, Sept. 3, 2012, that a new Europe-wide banking supervisor is unlikely to be up and running in the new year, dampening hopes that stressed banks could soon tap available rescue funds directly. (AP Photo/Markus Schreiber, File)

German minister: bank supervisor will take time AP - 50 mins ago

Germany's finance minister hit hopes that Europe's stressed banks could soon tap the region's rescue funds directly when he said Monday that a new Europe-wide banking … More »German minister: bank supervisor will take time

Germany's finance minister hit hopes that Europe's stressed banks could soon tap the region's rescue funds directly when he said Monday that a new Europe-wide banking supervisor is unlikely to be up and running in the new year.

Workers rest on steel pipes at a steel wholesale market in Shenyang

China HSBC PMI drops to 47.6, worst since March 2009 Reuters - 9 hrs ago

BEIJING (Reuters) - A contraction in China's factory sector activity intensified in August as both output and new orders dropped while manufacturers cut prices to compete … More »China HSBC PMI drops to 47.6, worst since March 2009

BEIJING (Reuters) - A contraction in China's factory sector activity intensified in August as both output and new orders dropped while manufacturers cut prices to compete for business, a survey showed on Monday. The HSBC Purchasing Managers' Index fell to a seasonally adjusted 47.6, its lowest level since March 2009. The …

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