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Westpac of Australia Offers to Buy St. George Bank (Update1) Westpac Banking Corp., Australia's fourth-largest bank, is in talks to buy St. George Bank in what would be Australia's biggest banking merger.

Calyon's Litzler May Leave After Subprime Losses, People Say Marc Litzler, the head of Credit Agricole SA's investment bank, may leave the company after losses tied to the U.S. subprime mortgage market collapse, three people with knowledge of the matter said.

Shipbuilding Torpedoed by Subprime Leads to Freight Cost Surge The biggest shipbuilding boom in history collided with the largest credit-market losses ever, undermining forecasts for a plunge in freight rates.

King May Give Rate-Cut Clues in BOE Inflation, Growth Forecasts Bank of England Governor Mervyn King will this week map out how much room policy makers see for interest-rate cuts as they struggle with faster inflation and signs the economy may be heading for a recession.

Pro-EU Parties May Win Serbian Elections, Early Results Show Pro-European Union parties in Serbia may have won a surprise victory in yesterday's parliamentary elections, early results show, increasing chances the Balkan nation will move closer to EU membership.

Beltran's Homer, 3 RBI Lead Mets Over Reds; Yankees Rained Out Carlos Beltran hit a home run and drove in three runs to lead the New York Mets over the Cincinnati Reds 8-3 and take two out of three games in their weekend series at Shea Stadium.

Pro-EU Bloc Leads Radicals in Serb Vote, Poll Shows (Update1) Pro-European Union parties in Serbia unexpectedly took a lead of more than 10 percentage points over the Radicals in today's general election, early returns showed, raising chances the Balkan nation will move closer to EU membership.

EnCana to Split Into Separate Gas, Oil Companies (Update3) EnCana Corp., Canada's largest natural- gas producer, said it plans to split into two energy companies, one concentrating on gas and the other on oil in a bid to increase its value with crude at a record high.

Sibirtelecom Sees Sales Tripled by 2012 on Broadband, Services OAO Sibirtelecom, Siberia's largest phone company, will more than triple revenue from faster-growing services such as broadband Internet in the next four years, Chief Executive Officer Alexander Isayev said.

Michael Jackson's Neverland Loan Sold by Fortress to Colony Pop star Michael Jackson averted foreclosure of his Neverland Ranch because Colony Capital LLC bought the loan on the property.

U.S. Storms Kill at Least 22 in Midwest, Move East (Update1) Thunderstorms accompanied by tornadoes left at least 22 dead in the U.S. Midwest before moving toward the East Coast today, threatening areas from West Virginia to Florida, while a rare May nor'easter heads for the Northeast.

Obama Overtakes Clinton in Race for Superdelegates (Update4) Democratic presidential candidate Barack Obama won endorsements from five superdelegates yesterday and one today, erasing rival Hillary Clinton's long-held lead in backing from party officials and lawmakers.

Kuwait Awards Contracts for $15 Billion Oil Refinery (Update2) Kuwait, the fourth-largest oil producer in the Organization of Petroleum Exporting Countries, awarded contracts to build a $15 billion refinery to four South Korean construction companies and Fluor Corp.

Myanmar Aid, News Corp. Bid, Venezuelan Oil: Weekend Roundup The following are the main weekend stories today and yesterday.

Five Palestinians Killed in Israeli Strikes on Gaza (Update1) Israeli air strikes killed five Palestinians in the Gaza Strip yesterday, after mortar shells fired by militants at southern Israel killed a civilian on May 9.

Myanmar Risks `Public Health Catastrophe,' Oxfam Says (Update3) Myanmar is on the brink of a ``public health catastrophe'' that threatens the lives of as many as 1.5 million people suffering from disease and famine following last week's cyclone, charity Oxfam said.

Brown's Popularity Slump With U.K. Voters Deepens, Poll Shows Prime Minister Gordon Brown's popularity with voters in the U.K. decreased after the ruling Labour party's rout in local elections, a PoliticsHome.com poll showed.

Clinton Will Stay in Race, Spokesman Wolfson Says (Update1) Hillary Clinton, who lost her lead among party superdelegates this weekend and has $20 million in campaign debt, will continue her fight for the Democratic presidential nomination, her campaign spokesman said.

`Iron Man' Remains First With $51 Million in Sales (Update1) ``Iron Man,'' the action-adventure film starring Robert Downey Jr., remained the top movie at U.S. and Canadian theaters this weekend, garnering $50.5 million for distributor Paramount Pictures.

Gold May Gain for Second Week on Demand for an Inflation Hedge Gold may rise for a second straight week on speculation that higher energy costs will boost demand for the precious metal as an inflation hedge.

Venezuelan Oil, Australian Taxes, Myanmar Aid: Weekend Roundup The following are the main weekend stories today and yesterday.

Kuwait Awards Contracts for $15 Billion Oil Refinery (Update1) Kuwait, the fourth-largest oil producer in the Organization of Petroleum Exporting Countries, awarded contracts to build a $15 billion refinery to four South Korean construction companies and Fluor Corp.

Delphi Asks Court to Increase Bankruptcy Loan by $254 Million Delphi Corp., the bankrupt former parts subsidiary of General Motors Corp., asked the court to approve a $254 million increase in its loan package, after more lenders showed interest in funding the loan than the company expected.

Michael Jackson's Neverland Loan Sold to Colony, Person Says Pop star Michael Jackson averted foreclosure of his Neverland Ranch because Colony Capital LLC bought the loan on the property, said a person familiar with the matter.

Djokovic Beats Wawrinka in Rome Final for 3rd Title of Season Serbia's Novak Djokovic secured his third title of the season with a 4-6, 6-3, 6-3 win over Stanislas Wawrinka of Switzerland in the Rome Masters tennis tournament today.

Zimbabwe Minister Rejects MDC Election Conditions (Update1) Zimbabwe's justice minister said his party will reject any conditions that opposition leader Morgan Tsvangirai may set for agreeing to take part in a runoff presidential contest against President Robert Mugabe.

Inflation Fight in Sydney Is Good News for World: William Pesek It's hard to decide who has a more taxing job these days: Glenn Stevens or Kevin Rudd?

Nymex Chief Confident CME Merger Will Get Shareholder Approval Nymex Holdings Inc. shareholders will approve its planned sale to CME Group Inc. because the transaction has ``great value,'' enough to compensate for a price decline of almost $2 billion, Nymex's Chief Executive Officer James Newsome said.

U.S. First-Class Stamp, Other Postal Services to Rise Tomorrow The price of a first-class stamp will increase one penny to 42 cents tomorrow, the U.S. Postal Service said in a reminder on its Web site.

Food in Any Flavor, As Long as It's Not Chinese: Olympic Dining Western visitors to Beijing often hit a Chinese wall, where they suddenly get a hankering for foreign food after filling up with Peking duck and other local dishes for days.