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  • Asian shares take cue from Wall Street's rally
    Asian shares took their cues from Wall Street and kicked off a holiday-shortened week on a strong footing on Monday, while the euro touched a fresh two-year low against the greenback on divergent monetary ...
  • Saudi Arabia says won't cut oil output
    Saudi Arabia said on Sunday it would not cut output to prop up oil markets even if non-OPEC nations did so, in one of the toughest signals yet that the world's top petroleum exporter plans to ride out ...
  • American Apparel adopts new stockholder rights plan
    Struggling retailer American Apparel Inc said it has adopted a new, one-year stockholder rights plan with a 10 percent trigger. "The board implemented the rights plan as an additional means to ensure ...

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