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Oil climbs $2 after dive

PERTH (Reuters) - Oil climbed more than $2 on Monday, recouping part of Friday’s 10 percent dive as European leaders took bolder steps to pull the banking sector out of crisis, but some gains faded as traders curbed their initial enthusiasm.

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Oil climbs $2 after dive

Asia stocks cautious on bank rescue hopes

HONG KONG (Reuters) - Most Asian stock markets rose slightly on Monday after policymakers around the world took increasingly bold steps to rescue the financial system, including guaranteeing bank deposits and taking stakes in banks.

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Asia stocks cautious on bank rescue hopes

Barclays expected to raise cash from investors

LONDON (Reuters) - Barclays will try to raise 7 billion pounds in extra capital from private investors rather than government funds, media reports said on Monday.

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Barclays expected to raise cash from investors

Oil rises over $3

PERTH (Reuters) - Oil rose over $3 to top $80 a barrel on Monday, recouping some of previous session’s 10 percent loss, in a relief rally as leaders in the United States and euro zone took steps to pull the banking sector away from a deeper collapse.

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Oil rises over $3

Europe bank rescue plan brings hope

WASHINGTON (Reuters) - Chaotic financial markets may react positively this week to a long-sought coordinated response by world leaders to a financial tsunami threatening to wipe out the global banking sector.

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Europe bank rescue plan brings hope

Global banks bolstered to fight crisis

PARIS (Reuters) - Nations from Europe to Australia rushed out plans on Sunday to shore up their banks, trying to halt a markets crash with pledges to back lending, buy stakes in financial institutions and take other emergency steps.

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Global banks bolstered to fight crisis

Iceland looks to sue UK over Kaupthing

LONDON (Reuters) - The Icelandic government has appointed lawyers to look at suing the British government over comments made about a UK subsidiary of Kaupthing Bank, a day before it collapsed, a media report …

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Iceland looks to sue UK over Kaupthing

European leaders hatch aid plan for banks in crisis

PARIS (Reuters) - European leaders, rushing to craft a credible response before fearful world markets reopen, pledged on Sunday to pump public money into banks battered by the worst financial crisis since …

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European leaders hatch aid plan for banks in crisis

Report says Lloyds TSB deal collapses

LONDON (Reuters) - Lloyds TSB negotiations to take over banking sector peer HBOS have collapsed, Sky TV reported on Sunday.

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Report says Lloyds TSB deal collapses

European leaders ready bank support plan

PARIS (Reuters) - European governments are ready to help banks weather the financial crisis by guaranteeing some of their lending and other measures, according to a document being discussed by leaders trying to stem panic on markets.

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European leaders ready bank support plan