AP - European Union countries have approved a financial oversight structure meant to shield against market turmoil and contain the excessive risk-taking that many blame for the global financial crisis.

Reuters - Change swept through the top of Britain's banks on Tuesday as Barclays said its investment banking supremo Bob Diamond will take over as chief executive and HSBC was expected to say its chairman is going into government.

AP - Sales of passenger cars in China — the world's biggest auto market — rose 18 percent in August from a year earlier as government subsidies and price cuts by dealers helped spur demand.

AFP - The six members of the Gulf Cooperation Council have postponed the implementation on Tuesday of a customs union due to disagreement over sharing tariff revenues and problems meeting World Trade Organisation rules, officials said.

AP - Oracle Corp. has hired former Hewlett-Packard Co. CEO Mark Hurd to help lead the database software maker in a pivotal moment in Oracle's 33-year history as it tries to muscle in on more of HP's turf.

Reuters - LONDON (Reuters) Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 fell 0.2 to 0.7 percent, pointing to a weaker start on Wall Street on Tuesday.

Reuters - Silicon Valley technology giant Oracle Corp has hired Mark Hurd, the former chief executive of Hewlett-Packard Co who resigned amid a scandal, as president.

AFP - Deadly protests that paralysed Mozambique's capital last week were spurred by a text message that went viral on Maputo's cell phones, signalling the power of new technology in the hands of the poor.

Reuters - President Barack Obama, scrambling to spur job creation, proposed a six-year plan on Monday to rebuild infrastructure with an initial $50 billion investment and prepared new business tax cuts.

AP - The Justice Department won't say if the blowout preventer that failed to stop oil from gushing from BP's undersea well into the Gulf of Mexico is on its way to shore.

AP - East Asia is the world's electronics factory, yet unless they are Japanese, producers are largely anonymous. Now HTC Corp., a Taiwanese maker of smart phones, is moving out of the shadows and trying to establish its own brand name as it competes with Apple's iPhone.

AP - Craiglist's "adult services" section has been shut down in the U.S., but prostitution on the Internet is alive and well — even, quite possibly, on Craigslist.

AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.

AP - Summer is rarely a hot sales season for Campbell Soup Co., and this year's sweltering June and July made that even more true, but the company said Friday that cost-cutting and strong drink sales helped its net income climb.