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As Banks Eye Iraq, Citi Plans Office in Baghdad

Citigroup Inc. is set to become the first American bank to open an office of its own in Baghdad, highlighting financial firms' growing interest in Iraq a decade after the U.S.-led 2003 invasion.

Executives say the representative office Citi has received preliminary approval for will help support its corporate customers in Iraq and act as a liaison for companies looking to do business there.

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German Business Sentiment up Slightly

Germany's Ifo index of business sentiment rose slightly in June, suggesting the eurozone's largest economy remains on track for a return to stronger growth after a weak stretch.

The closely-watched index came in Monday at 105.9 points, up from 105.7 the month before and in line with analysts' expectations.

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Williams Says She's Sorry, Gears up for Wimbledon

The next time Serena Williams and Maria Sharapova meet, it will likely be on a tennis court, with a net separating them — maybe even at Wimbledon, in the final, on the first Saturday in July.

"I think it's great for women's tennis when we play each other," Williams said.

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Montoya Runs out of Gas on Last Lap at Sonoma

So many things have gone wrong for Juan Pablo Montoya this season that he's come to expect the unexpected at the most inopportune time.

It came Sunday with one lap to go at Sonoma Raceway, where Montoya was desperately hoping to bank a bunch of points.

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Balotelli to Miss Semifinal with Thigh Injury

Forward Mario Balotelli will miss Italy's semifinal against Spain in the Confederations Cup due to a strained thigh, handing the team another major injury complication before facing the World Cup holder.

The Italian Football Federation made the announcement Sunday following medical tests on Balotelli's left quadriceps.

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Spain Defeats Nigeria 3-0 to Reach Semifinals

World Cup winners Spain defeated Nigeria 3-0 with two goals from Jordi Alba and another from Fernando Torres on Sunday to set up a semifinal showdown with Italy in the Confederations Cup.

Although the final score was emphatic, it could have been much closer if Nigeria had accepted some of their many clear chances in the first half. At times Spain looked vulnerable to the African champions' fast breaks.

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'Monsters' Beats Zombies, Superman at Box Office

Turns out zombies and Superman are no match for monsters.

Disney's "Monsters University" is the weekend box-office winner, according to studio estimates released Sunday. The animated family film, which reunites stars Billy Crystal and John Goodman and their characters from the 2001 hit "Monsters, Inc.," debuted in first place with $82 million, beating out swarming zombies in "World War Z" and Superman himself in "Man of Steel."

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Taliban Kill 10 Foreign Climbers, Pakistani Guide

Islamic militants disguised as policemen killed 10 foreign climbers and a Pakistani guide in a brazen overnight raid against their campsite at the base of one of the world's tallest mountains in northern Pakistan, officials said.

The Pakistani Taliban claimed it carried out the attack at Nanga Parbat to avenge the death of their deputy leader in a U.S. drone strike last month.

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Washington Urges Russia to Return Snowden to U.S.

The White House said early Monday it expected cooperation from Russia on returning fugitive intelligence leaker Edward Snowden back to the United States to face espionage charges.

"Given our intensified cooperation after the Boston Marathon bombings and our history of working with Russia on law enforcement matters -- including returning numerous high-level criminals back to Russia at the request of the Russian government -- we expect the Russian government to look at all options available to expel Mr. Snowden back to the U.S. to face justice for the crimes with which he is charged," said National Security Council spokesperson Caitlin Hayden.

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Jon Stewart Appears on Egyptian Satirical TV Show

Jon Stewart took the guest's seat Friday on Egypt's top satirical TV show, modeled after his own program "The Daily Show."

Stewart was brought to the set wearing a black hood and introduced by host Bassem Youssef as a captured foreign spy.

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