Reuters - Finance ministers from the G8 economic powers predicted a year of strong economic growth on Saturday despite high oil prices, skidding U.S. stock prices, rising interest rates and fears of inflation.

Reuters - Italian fashion group Fendi S.R.L. sued Wal-Mart Stores in U.S. federal court on Friday, accusing the world's largest retailer of selling counterfeit handbags and passing them off as genuine at its Sam's Club warehouse stores.

Reuters - Bankrupt auto parts maker Delphi Corp. on Friday announced an expanded deal of buyouts with United Auto Workers and put off contentious court hearings, signaling a stepped-up effort to settle matters and avoid a costly strike.

Reuters - Stocks fell in a volatile session on Friday, with the Dow capping its worst week in more than a year, as concern about higher interest rates and slowing economic growth pushed investors to safer assets.

Reuters - Bank of America Corp. has asked a federal judge to reject Parmalat's bid to throw out the bank's claims over the Italian dairy's fraud.