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• Oil rebounds on Europe’s bank rescue plan
VIENNA, Austria - A pledge by European countries to keep banks from collapsing injected optimism into oil markets Monday, with prices rebounding from a 13-month low to rise above US$80 a barrel. Gasoline and heating oil also recorded substantial ...
• U.K. House of Lords rejects detention plan
A number of prominent politicians, writers and the Council of Europe had attacked the 42-day detention plan as a threat to civil liberties. The council, Europe's top human rights watchdog, said the proposal would have imperiled the right to a fair ...
• Wall Street explodes in historic one-day surge
Investors in Asia and Europe also grabbed stocks after last week's rout and the weekend moves by governments to bolster investor confidence. In Asia, Hong Kong's Hang Seng index surged 10.2 percent. Markets in Japan were closed for a holiday. In ...
• Administration looks to expand financial rescue
Scrambling to catch up with events, Paulson, Bernanke and the bankers were modeling many parts of their revamped program after strong initiatives in Europe, where governments put $2.3 trillion on the line Monday in guarantees and other emergency ...
• UK bails out banks as Europe acts
Britain bailed out three major banks with 37 billion pounds ($64 billion) on Monday, as European governments used taxpayers' cash to take control and boost confidence in the battered industry. In return for the British government's cash, which could ...