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Brazil’s Itau may buy stakes in RBS, Lloyds: report
January 3, 2010 – 11:00 pm

Brazilian lender Itau Unibanco (ITUB4.SA)(ITUB.N) is considering buying stakes in one of the United Kingdom banks rescued by the government during the height of the global credit crisis of 2008, the U.K. Sunday Times reported on Sunday.

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NAB gearing up for Northern Rock takeover: report
January 3, 2010 – 11:00 pm

National Australia Bank (NAB.AX) is gearing up for a takeover of nationalized British lender Northern Rock (NRKx.L) and has held a “beauty parade” of potential advisors on the deal, reported The Observer.

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Bernanke-Rate hikes not best to burst bubbles
January 3, 2010 – 11:00 pm

U.S. Federal Reserve Chairman Ben Bernanke said on Sunday that vigorous financial regulation would have been the best way to restrain the housing bubble that helped cause the deep recession, but said policy makers can no longer rule out monetary policy to curb the buildup of risk.

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Lenovo unveils ThinkPad design with AMD chips
January 3, 2010 – 11:00 pm

Lenovo Group Ltd is unveiling a new look for its classic ThinkPad line, and is including Advanced Micro Devices Inc microprocessors in the laptops for the first time.

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New U.S. screening for air travelers from 7 nations: report
January 3, 2010 – 11:00 pm

All travelers from Nigeria, Yemen, Pakistan, Cuba, Iran, Sudan and Syria flying into the United States will be patted down and have carry-on luggage searched under new security procedures starting January 4, Politico reported on Sunday.

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Give Homeland Security role in U.S. visas: Senator
January 3, 2010 – 11:00 pm

The Homeland Security Department rather than the State Department should handle U.S. visas overseas to meet security threats, the chairman of the Senate homeland security committee said on Sunday.

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No “smoking gun” in plane incident: Obama aide
January 3, 2010 – 11:00 pm

A top White House official said on Sunday the attempted bombing of a U.S.-bound plane on Christmas Day exposed security lapses and errors but he played down the need for a sweeping overhaul of the system to thwart attacks.

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Obama aide says al Qaeda may plan Yemen attack
January 3, 2010 – 11:00 pm

The United States has indications al Qaeda is planning an attack against a target in the Yemeni capital of Sanaa, a senior aide to President Barack Obama said on Sunday.

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