IBT Staff Reporter

117691-117720 (out of 154954)

Wall Street set for bounce at open

Stocks were headed for an opening bounce on Monday, with investors scooping up shares beaten down in last week's selloff, while a report that Brocade Communications Systems Inc put itself up for sale may fan deal optimism.

Rich nations trying to kill Kyoto pact, says China

China and a top G77 official accused rich nations on Monday of trying to kill off the Kyoto Protocol, the U.N.'s main weapon in the fight against global warming, as nations try to craft a broader climate pact.

Baer CEO hopeful ING deal to come soon

Julius Baer Group AG expects an outcome soon on the sale of ING Group NV's Swiss private banking assets and is hopeful the terms of the sale are in its favor, Baer's chief executive said on Monday.

Mazda to raise $1.1 bln, narrows loss forecast

Japan's Mazda Motor Corp (7261.T) said it would raise up to $1.1 billion in a share sale and invest most of the funds to develop hybrid and other technologies in what analysts said was a long-overdue bid to close the gap with rivals.

Alfa, Telenor make peace; plan $23 billion merger

Norway's Telenor and Russian partner Alfa Group have agreed to merge their Russian and Ukrainian holdings into a New-York listed mobile operator worth over $23 billion, ending one of the longest ever Russian corporate wars.

Linkin Park frontman resurfaces with side project

As the lead singer of the multimillion-selling band Linkin Park, Chester Bennington helped define the rap-metal sound of the early '90s. But as his career was ascending, his life was falling apart: Bennington was heavily involved in drugs and spent some nights wondering whether he would make it to the next day.

UK prepared to discuss support for Vauxhall-minister

British Business Secretary Peter Mandelson said on Monday he was prepared to discuss support for Vauxhall with parent Opel's new owners, Magna (MGa.TO), noting that representatives from the Canadian auto parts supplier were due in Britain this week.

U.S.-led consortium wants to buy Volvo from Ford: report

A U.S.-led group has entered the race to buy Ford Motor Co's (F.N) Volvo cars unit, the Financial Times reported, in a challenge to China's Geely Automotive (0175.HK) which last month confirmed its interest in the loss-making Swedish carmaker.

Argentine singer Mercedes Sosa dies at 74

Argentine folk singer Mercedes Sosa, who fought South America's dictators with her voice and became a giant of contemporary Latin American music, died on Sunday at age 74, her family said in a statement.

Author Coetzee eyes Booker triple, Mantel favorite

South African-born J.M. Coetzee could become the first writer to claim the coveted Man Booker Prize three times when the winner is announced on Tuesday, but bookmakers are predicting a different outcome.

Pros shine in new staging of Inherit the Wind

Director Trevor Nunn brings vividly to life a famous courtroom clash between two idealistic heavyweights in the Old Vic production of Inherit the Wind, with unforgettable performances by Kevin Spacey and David Troughton as the legal titans.

Zombieland top destination at box office

Woody Harrelson scored the biggest opening of his career at the North American box office, as Zombieland stormed theaters with weekend ticket sales of $25 million, according to studio estimates issued on Sunday.

Lady Gaga to tour without Kanye West

Lady Gaga said both she and Kanye West decided to cancel their upcoming Fame Kills tour of North American arenas, and that she will embark on her own headlining trek soon while West drops out of the spotlight.

Stock futures signal Wall Street rebound

Stock index futures rose on Monday, with investors poised to scoop up shares beaten down in last week's sell-off, while a report that Brocade Communications Systems Inc put itself up for sale may fan deal optimism.

U.S. firms oppose rules to curb short selling

Goldman Sachs Group Inc (GS.N) and Vanguard Group Inc are among U.S. companies opposed to rules proposed by U.S. regulators to limit short selling, according to letters filed by the companies.

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