IBT Staff Reporter

Top executives at Deutsche Boerse and NYSE Euronext sent a letter to European Commissioners emphasizing the European nature of a combined company, in a bid to salvage their deal after antitrust regulators threatened to block it.

European shares and the euro gradually recovered on Monday from early losses triggered by the mass downgrade of euro zone sovereign ratings last week, but they still looked vulnerable amid rising fears of a disorderly Greek debt default.

Former Chief Executive Officer Frank Dunn, former Chief Financial Officer Douglas Beatty and former Controller Michael Gollogly are accused of altering financial results for the telecommunications company in order to reap millions of dollars in bonuses.

Samsung Electronics Co said on Monday its U.S. operation plans to sell around $1 billion in bonds, its first major overseas debt sale in more than a decade, to fund its chip plant operations.

Internet giants Google and Facebook told an Indian court on Monday that it is not possible for companies to block offensive content that appears on their websites, in a case that has stoked fears about censorship in the world's largest democracy.

Greece sent senior officials to Washington on Monday for meetings with the International Monetary Fund as it raced against the clock to break a deadlock in debt swap talks that has raised fears of an unruly default.

Hackers disrupted online access to the Tel Aviv Stock Exchange, El Al Airlines and three banks on Monday in what the government described as a cyber-offensive against Israel.

President Barack Obama is statistically tied with Mitt Romney in a general-election matchup, but several factors favor his re-election, according to a Fox News poll released Monday.

Brazil's Embraer expects to sell its Super Tucano light attack aircraft to more NATO nations after clinching an order from the United States that lifted the company into the upper echelons of global defense contractors, a top executive told Reuters.

European shares and the euro recovered from early losses on Monday in the wake of a mass downgrade of euro zone sovereign ratings, but trading was choppy with U.S. markets closed and the outlook for Greek debt talks uncertain.

Applications such as textPlus and Kik could eventually end carriers' reliance on revenue from traditional text messaging.

Standard & Poor's credit rating downgrades of nine Eurozone countries will fuel attempts by European Union lawmakers to slap stricter curbs on sovereign ratings.

Computer hackers disrupted access to the Web sites of the Tel Aviv Stock Exchange and Israel's flag carrier El Al Airlines on Monday, officials at both companies said.

Computer hackers disrupted access to the websites of the Tel Aviv Stock Exchange and Israel's flag carrier El Al Airlines on Monday, officials at both companies said.

Commercial banks parked almost half a trillion euros at the European Central Bank, the highest on record, as the mix of debt crisis worries and a recent giant injection of ECB cash left banks awash with money but too scared to lend it.

The new chief of Agricultural Bank of China brings no-nonsense flair and a strong track record in bank overhauls to the helm of the lumbering Chinese lender where he started out years ago as a filing clerk.

Euro zone bank shares fell but stocks seen as resilient to an economic slowdown gained on Monday in the wake of Standard and Poor's mass downgrade of euro zone sovereign ratings, while the euro hovered near 17-month lows against the dollar.

Mass Eurozone ratings downgrades are unlikely to shake up investors too much, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defenses and glimmers of optimism from last week have been firmly doused.

Mass euro zone ratings downgrades are unlikely to shake up investors too much, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defenses and glimmers of optimism from last week have been firmly doused.

Global leaders and businessmen urged Europe on Monday to take fresh steps to resolve its deepening debt crisis, with a top executive of the IMF warning the continent will see a downward spiral of collapsing confidence if no further action is taken.

Thousands of Chinese workers protesting over compensation and job security at a Sanyo Electric Co Ltd plant clashed with police in southern Shenzhen, media said on Monday, the latest outbreak of labor unrest in China's manufacturing hub.

Anger at the practice of demanding dowries, which can lead to violence against brides, has prompted a takeoff of Angry Birds called Angry Brides that aims to highlight the illegal practice still prevalent in many South Asian countries.

European shares fell on Monday and the euro was stuck at 17-month lows against the dollar while German government bonds eased after early gains on fears that S&P's mass euro zone sovereign rating cuts and a Greek debt standoff would worsen the region's debt crisis.

Europe will see a downward spiral of collapsing confidence if no further action is taken, said David Lipton, first deputy managing director at the International Monetary Fund, urging a pause in monetary tightening for countries in which inflation has eased.

The arrest of a Northern California high school teacher for sexual abuse of a 14-year-old male student has raised questions about the boundaries of behavior and whether schools should police social media contact between teachers and students, authorities said on Friday.

Ever wondered whether single life in New York is really like Sex and the City?

Asian shares fell on Monday on fears that mass sovereign debt rating cuts by Standard & Poor's would further aggravate euro zone funding difficulties, threatening to derail progress in resolving the debt crisis.

Current TV hasn't soured on Keith Olbermann since their recent spat over Iowa caucuses coverage: Asked if he anticipates Olbermann remaining on the network for years to come, Current co-founder Al Gore responded with an unequivocal Yes.

The name Pina Bausch might not ring a bell, but even if you don't follow modern dance, you might still be aware of her work as a choreographer - movie fans will remember the two haunting dance pieces she created that bookend Pedro Almodovar's Talk to Her.