Oil slips below $70, falls for 9th day

Oil headed lower for a ninth straight session on Monday to trade below $70 a barrel, pressured by concerns over weak fuel demand and brimming inventories. The market pared losses after Abu

Citi to repay U.S. government funds

Citigroup laid out a plan to repay the money it owes the U.S. government, including issuing $17 billion of stock immediately, as the bank looks to end the executive pay restrictions that

Euro zone Oct output falls, recovery seen fragile

Falling output of consumer goods pulled down euro zone industrial production in October and third-quarter employment shrank, data showed on Monday, indicating weak private demand and a fragile recovery ahead. Industrial output

Cadbury sees rival interest as rejects Kraft

Britain's Cadbury said it has received interest from other bidders after raising its growth targets and reporting upbeat trading, as it dismissed a 10 billion pound ($16.5 billion) bid from Kraft Foods. The