World business news - CNNMoney.com

• Dollar gains versus euro
  The dollar gained against the euro and the pound, but fell versus the yen on Monday as equities ended mixed and investors continued to worry about finding a concrete solution for Greece's mounting debt.
  
• Toyota takes aim at Calif...
  Toyota is expected to challenge a California driver's story of an out-of-control Prius at a press conference Monday afternoon in California.
  
• Oil plummets amid renewed...
  Oil fell on Monday, on renewed uncertainty over the debt crisis and the dollar strengthened against major currencies.
  
• Google may leave China so...
  Google appears to be getting closer to shutting down its strictly monitored search engine in China, according to news reports.
  
• Tommy Hilfiger sold to Ph...
  Phillips-Van Heusen announced plans Monday to buy Tommy Hilfiger, which is controlled by private equity firm Apax Partners, for roughly $3 billion in cash and stock.
  

BBC News | Business | World Edition

• Rio eyes continued China ...
  Mining firm Rio Tinto says China's demand for iron ore, copper and coal will increase dramatically during the next 15 years.
  
• Petrol price 'to hit reco...
  Petrol prices in the UK could hit a record high of £1.20 a litre in the next few weeks, according the AA.
  
• EU urges faster cut of UK...
  Government plans to cut the UK's budget deficit are not ambitious enough, a European Commission report will warn this week.
  
• Doubts cast on US 'runawa...
  Toyota casts doubt on claims one of its cars failed to stop, after a widely-publicised account of a "runaway" Prius in California.
  
• Ex-pats wait for pensions...
  More than half a million UK pensioners living overseas will find if they have won an appeal against freezing of their pensions.