Facebook gets $6.5 billion valuation with share sale

Facebook netted a $6.5 billion valuation for its common shares on Monday, further underscoring the fast-growing Internet social networking site's high rank among technology and media industry heavyweights. Russia's Digital Sky Technologies

Wall Street opens higher on bank optimism

 Stocks opened higher on Monday after influential bank analyst Meredith Whitney upgraded Goldman Sachs Group to "buy" and gave a bullish assessment of the financial sector's likely performance, sparking hope that quarterly

Wall Street, oil rally lift European shares

European shares reversed course on Monday and headed higher as Wall Street looked set for a positive start, although world shares were lower with particularly heavy losses in emerging markets. Investors in

Earnings worries shake investors, oil slips

World shares fell on Monday, with particularly heavy losses in emerging markets, as investors fretted about a coming wave of corporate earnings and confidence in a rapid global economic recovery faded. Oil