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• Equities and euro pummeled by euro zone worries (Reuters)
• Analysis: Europe puts its head in sand over growth crisis (Reuters)
• D.Telekom could miss fee if AT&T deal fails: source (Reuters)
• Deutsche says Europe crisis could kill weak banks (Reuters)
• Swiss bankers group wants amicable deal in U.S. tax row (Reuters)
• A look at economic developments around the globe (AP)
• White House wants quick jobs action by Congress (AP)
• ECB calls for integration as bond yields jump (AP)
• Ex-Iceland PM's lawyers ask court to drop charges (AP)
• ConocoPhillips struggling with China oil spill (AP)

Equities and euro pummeled by euro zone worries (Reuters) Posted: 05 Sep 2011 07:18 AM PDT Reuters - LONDON (Reuters)- European stocks shed 3 percent on Monday and the euro sank against the dollar as markets weighed a risk-heavy outlook for the euro zone, dominated by peripheral debt concerns and political uncertainty in Germany.

Analysis: Europe puts its head in sand over growth crisis (Reuters) Posted: 05 Sep 2011 01:19 AM PDT Reuters - Japanization is shorthand for slouching toward that country's noxious mix of low growth and high debt. Euro zone governments will find it tough to keep the ugly new word out of their lexicon.

D.Telekom could miss fee if AT&T deal fails: source (Reuters) Posted: 05 Sep 2011 02:48 AM PDT Reuters - Deutsche Telekom AG (DTEGn.DE) could miss out on a multi-billion dollar break fee if regulatory hurdles cause the failure of its $39 billion deal to sell T-Mobile USA to AT&T , a person familiar with the matter said.

Deutsche says Europe crisis could kill weak banks (Reuters) Posted: 05 Sep 2011 07:14 AM PDT Reuters - Europe's sovereign debt crisis will stunt bank profit for years and could kill off the weakest, Deutsche Bank (DBKGn.DE) chief executive Josef Ackermann told industry bosses, amid intense scrutiny of the sector's finances.

Swiss bankers group wants amicable deal in U.S. tax row (Reuters) Posted: 05 Sep 2011 03:53 AM PDT Reuters - Switzerland must solve a dispute with the United States over wealthy citizens using secret Swiss accounts to dodge taxes under existing laws and should continue to protect bank secrecy, the Swiss Bankers Association head said on Monday.

A look at economic developments around the globe (AP) Posted: 02 Sep 2011 01:26 PM PDT AP - A look at economic developments and activity in major stock markets around the world Friday:

White House wants quick jobs action by Congress (AP) Posted: 04 Sep 2011 09:30 AM PDT AP - The White House says President Barack Obama hopes that when Congress returns this coming week from its summer break, lawmakers will share his sense of urgency in taking steps to create jobs and help the economy.

ECB calls for integration as bond yields jump (AP) Posted: 05 Sep 2011 09:08 AM PDT AP - The eurozone needs a "quantum" leap toward economic integration, the incoming chief of the European Central Bank said Monday, as the bond yields of countries with shaky finances, like Greece and Italy, jumped amid increased investor tensions.

Ex-Iceland PM's lawyers ask court to drop charges (AP) Posted: 05 Sep 2011 08:55 AM PDT AP - A special court heard arguments Monday about whether to dismiss charges against former Prime Minister Geir Haarde, who has been accused of failing to prevent the 2008 financial crisis in Iceland.

ConocoPhillips struggling with China oil spill (AP) Posted: 05 Sep 2011 03:23 AM PDT AP - The oil spills from offshore wells operated by ConocoPhillips in China's Bohai Bay are posing political and technical challenges for the oil company far messier than the crude and drilling mud seeping from the seabed.

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