Best Buy gets it right, joins early holiday winners

NEW YORK (Reuters) - Having the right products at the right price at the right time helped make Best Buy Co Inc one of the early winners in what was a record start for U.S. retailers to the holiday shopping season.

Euro "Stability Union" could be achieved fast: Schaeuble

BERLIN (Reuters) - Euro zone countries could create a Stability Union to secure deeper fiscal integration relatively quickly, German Finance Minister Wolfgang Schaeuble said on Sunday.

Shoppers spent more cash over Thanksgiving weekend: NRF

NEW YORK (Reuters) - More people headed to stores and websites over the Thanksgiving holiday weekend, and average spending per person rose 9.1 percent as bargain-hunting shoppers scooped up discounts on everything from gadgets to hoodies, a National Retail Federation survey on Sunday showed.

Retailers look to keep Black Friday momentum going

(Reuters) - U.S. retailers moved from the frenzied start of the holiday shopping season to the next phase on Saturday, hoping to avoid a drop after Black Friday and keep the momentum going during a fitful economic recovery.

Italy’s Monti in austerity race as market pressure grows

ROME (Reuters) - Prime Minister Mario Monti faces a testing week finalizing tax and pension plans aimed at shoring up Italy's strained public finances with markets pushing the euro zone's third largest economy close to a debt emergency that could overwhelm the bloc.

Iraq clinches $17 bln flared gas deal with Shell

BAGHDAD (Reuters) - Iraq signed a final $17 billion deal with Royal Dutch Shell and Mitsubishi on Sunday to capture flared gas at southern oilfields, a project that should boost production of badly needed electricity.

Hungary not playing "Turkish game" with IMF talks

BUDAPEST (Reuters) - Hungary hopes that credit rating agencies Fitch and S&P will wait for the results of its talks with the International Monetary Fund (IMF) and the European Union (EU) before taking any rating action, a top government official said on Sunday.

Germany and France examine push for euro zone integration

BRUSSELS (Reuters) - Germany and France are exploring radical methods of securing deeper and more rapid fiscal integration among euro zone countries, aware that getting broad backing for the necessary treaty changes may not be possible, EU officials say.

Today’s currency war may be tomorrow’s global crisis: book

NEW YORK (Reuters) - "Hold on, I'm in the middle of a Twitter war with Nouriel Roubini," author James Rickards says as he answers the phone from his Manhattan office.

Threats seen to Dubai World unit $2.2 billion debt deal

DUBAI (Reuters) - A potential $2.2 billion debt restructuring for Drydocks World, the shipbuilding arm of indebted Dubai World , is seen facing tough headwinds with the presence of hedge funds and a lack of government aid seen threatening an amicable deal.

Two BSkyB shareholders to vote against Murdoch at AGM: reports

LONDON (Reuters) - Two top 10 shareholders in BSkyB will vote against James Murdoch remaining as chairman of the company at its AGM on Tuesday, according to newspaper reports on Sunday.

Toyota aims to bring fun back with "86" sports car

OYAMA-CHO, Japan (Reuters) - Toyota Motor Corp unveiled a highly anticipated sports car that it hopes will trigger the rebirth of the company as a maker of "fun" cars that it hasn't been in years.

Small firms get help after Black Friday hangover

NEW YORK (Reuters) - Tired of suffocating crowds and seemingly never-ending lines? On Saturday, retailers want you to think small.

Germany, France plan quick new Stability Pact: report

BERLIN (Reuters) - German Chancellor Angela Merkel and French President Nicolas Sarkozy are planning more drastic means - including a quick new Stability Pact - to fight the euro zone sovereign debt crisis, Welt am Sonntag reported on Sunday.

Small firms get help after Black Friday hangover

NEW YORK (Reuters) - Tired of suffocating crowds and seemingly never-ending lines? On Saturday, retailers want you to think small.

Black Friday online sales growth lags last year

(Reuters) - Amazon.com Inc, eBay Inc and other e-commerce companies had a strong "Black Friday," but the industry's growth rate lagged last year's surge in online buying on the traditional first day of the holiday shopping season.

Greece may miss 2012 selloff target due to EU crisis

ATHENS (Reuters) - Greece may miss its target for privatization revenues next year because of the worsening economic climate in Europe, the head of the agency responsible for selling state assets said in an interview to be published on Sunday.

Retailers look to keep Black Friday momentum going

(Reuters) - With the intensity of Black Friday shopping starting to fade, store chains know they are under pressure to keep the sales momentum going as they enter the next phase of a competitive holiday shopping season.

Bond market hammers Italy, Spain ponders outside help

ROME/MADRID (Reuters) - Italy's borrowing costs soared to their highest levels since Rome joined the euro on Friday, piling pressure on the newly installed government of Mario Monti at the end of a week in which the euro zone crisis tainted even safe haven Germany.

AT&T to offer bigger asset sale to save T-Mobile deal: report

(Reuters) - AT&T Inc is considering an offer to divest a significantly larger portion of assets than it had initially expected, in order to salvage its $39 billion deal to buy T-Mobile USA, Bloomberg reported citing a person familiar with the plan.

Former FBI director appointed MF Global trustee

(Reuters) - Former FBI director Louis Freeh was appointed trustee in the MF Global bankruptcy case on Friday, days after he was hired to lead an independent probe into a sex abuse scandal at Penn State University.

Former FBI director appointed MF Global trustee

(Reuters) - Former FBI director Louis Freeh was appointed trustee in the MF Global bankruptcy case on Friday, days after he was hired to lead an independent probe into a sex abuse scandal at Penn State University.

Europe bond yields to keep stocks spellbound

NEW YORK (Reuters) - U.S. investors came to the Thanksgiving holiday table on Thursday mostly thankful that the week was a short one, or losses could have been larger.

Black Friday draws crowds, but spending in doubt

(Reuters) - Retailers were hoping for more shoppers like Shawn Elzia as the annual Black Friday bargain stampede marked the unofficial start of what is widely expected to be a middling holiday shopping season.

U.S. opening formal probe into GM Volt fire risk

(Reuters) - U.S. auto safety regulators are opening a formal investigation into fire risks in General Motors' Volt vehicles, the National Highway Traffic Safety Administration said on Friday.

Chevron keen for more Brazil oil, despite spill

RIO DE JANEIRO (Reuters) - Chevron said on Friday it planned to invest $3 billion in Brazil over the next three years, despite uproar in the South American country after an oil spill this month caused by its offshore drilling.

Corzine expected to testify at House hearing: source

WASHINGTON (Reuters) - Former MF Global Chief Executive Jon Corzine is expected to testify at a congressional hearing next month, a committee aide said on Friday, tamping down speculation that the former head of the bankrupt brokerage would decline to take part.

High-frequency firm fined for trading malfunctions

(Reuters) - Exchange operator CME Group Inc fined Infinium Capital Management, a U.S. high-frequency trading firm, a total of $850,000 for three separate computer malfunctions that rattled futures markets in 2009 and 2010.

Analysis: Sprint network upgrade may curb unlimited data

NEW YORK (Reuters) - Sprint Nextel may be forced to abandon the biggest advantage it has over its rivals - unlimited data services for a flat fee - because of heavy data users and a shortage of wireless airwaves.

Exclusive: Euro zone may drop bondholder losses from ESM bailout

BRUSSELS (Reuters) - Euro zone states may ditch plans to impose losses on private bondholders should countries need to restructure their debt under a new bailout fund due to launch in mid-2013, four EU officials told Reuters on Friday.