IBT Staff Reporter

77041-77070 (out of 154954)

Wall Street boosted by AT&T, T-Mobile deal

Wall Street rose sharply on Monday, led by telecom stocks after AT&T said it would buy T-Mobile from Deutsche Telekom, a deal that would create the largest wireless operator in the United States.

Indexes open 1 percent higher on AT&T, T-Mobile

U.S. stock indexes opened more than 1 percent higher on Monday as investors welcomed AT&T's proposal to buy T-Mobile USA from Deutsche Telekom, a deal that would create the largest mobile operator in the United States.

Wall Street set for higher open on AT&T, T-Mobile deal

U.S. stock indexes were set to rise more than 1 percent at the open on Monday as investors welcomed AT&T's proposal to buy T-Mobile from Deutsche Telekom, a deal that would create the largest mobile operator in the United States.

Japan problems don't take luster off Tiffany outlook

Tiffany & Co gave a stronger-than-expected sales outlook for its fiscal year despite the impact of the disasters that hit Japan, its second largest market, and the luxury jeweler's shares rose more than 6 percent.

Oil rises $2 as Western powers strike Libya

Oil prices rose by over $2 a barrel on Monday as a wave of U.N.-mandated airstrikes on Libya and proliferating unrest in the Middle East fanned concerns about oil supply from the region.

New royal wedding one-stop shop app launches

Those who want to keep up with the latest news about next month's royal wedding, polish up their palace protocol or pass on marriage advice to the royal couple can now buy a one-stop wedding shop iPad application.

AT&T to buy T-Mobile USA for $39 billion

AT&T Inc plans to pay $39 billion for Deutsche Telekom AG's T-Mobile USA to create a new U.S. mobile market leader, but the pricey purchase is likely to attract intense antitrust scrutiny over potentially higher customer bills.

Google accuses China of blocking Gmail

Google Inc on Monday accused the Chinese government of making it difficult for Gmail users to access the service in the country, the latest development in a rocky relationship between the two.

Sony and Nissan restart some factories

TOKYO - Sony Corp <6758.T> said it would partially restart a lithium ion battery factory in Tochigi prefecture on Tuesday, leaving six plants, which make a range of devices from integrated circuit cards to Blu-ray discs, still closed.

Stock futures signal rally on Wall Street

Stock index futures pointed to a strongly higher open on Wall Street on Monday, with futures for the S&P 500 up 1.2 percent, Dow Jones futures up 1 percent and Nasdaq 100 futures up 1.3 percent at 0907 GMT (5:07 a.m. ET).

Moody's: Japan has fiscal, credit means to deal with

Japan's economy could shrink after a devastating earthquake and tsunami earlier this month, but the government has the fiscal and credit means to deal with a disaster which could cost twice as much as the 1995 Kobe earthquake, ratings agency Moody's said on Monday.

Brent at above $115 as Libya action stokes MidEast fears

Brent climbed to above $115 a barrel on Monday after western forces launched a military campaign against Libya, stoking fears that violence will intensify in North Africa and the Middle East, source of more than a third of the world's oil.

Asian shares rise on bargain hunting

Oil prices jumped more than 2 percent to top $116 a barrel on Monday as Western forces launched air strikes on Libya, while Asian shares advanced on bargain hunting in the wake of heavy losses last week.

Global stocks rise as selloff seen overdone

Asian shares advanced on Monday as market players scooped up beaten-down stocks after heavy losses last week, while oil prices jumped more than $2 as Western forces struck targets in Libya.

Goldman India head moving to be Southeast Asia chair: memo

Goldman Sachs partner Brooks Entwistle, who set up the Wall Street bank's India operations in 2006, will move to Singapore to be its Southeast Asia chairman and head of investment banking for that region, according to an internal memo obtained by Reuters.

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