IBT Staff Reporter

Stocks were set for a sharply higher open on Monday on hopes that fresh proposals could be emerging out of Europe to help solve the region's debt crisis.

Honda Motor Co <7267.T> said all of its North American plants will resume normal production by the start of next month, following improvement in overall parts supply, which was hit by the Thailand floods.

Annual compensation for employees at big Wall Street firms could fall 27-30 percent from a year earlier to the lowest level since the 2008 financial crisis, the Wall Street Journal reported, citing a compensation study conducted by the Options Group.

The escape route from risky peripheral euro zone debt into higher-yielding emerging markets is becoming increasingly tortuous, as the debt crisis marries the performance of all assets closer together.

The escape route from risky peripheral euro zone debt into higher-yielding emerging markets is becoming increasingly tortuous, as the debt crisis marries the performance of all assets closer together.

Stock index futures soared on Monday on optimism over the latest round of proposals out of Europe designed to corral the growing euro zone debt crisis.

World No. 1 Internet search engine Google is seeking EU regulatory clearance of its planned purchase of handset maker Motorola Mobility Holdings, the European Commission said on its website on Monday.

Honda Motor Co said all of its North American plants will resume normal production by the start of next month, following improvement in overall parts supply, which was hit by the Thailand floods.

Germany and France stepped up a drive on Monday for intrusive powers to reject national budgets in the euro zone that breach EU rules, as a market rout of European debt eased temporarily on hopes of outside help for Italy and Spain.

Stock index futures jumped on Monday on optimism over the latest round of proposals out of Europe designed to corral the growing Eurozone debt crisis.

Germany and France stepped up a drive on Monday for intrusive powers to reject national budgets in the Eurozone that breach EU rules, as a market rout of European debt eased temporarily on hopes of outside help for Italy and Spain.

Online gaming firm Nexon Co said on Monday it would raise up to 98 billion yen ($1.3 billion) in an initial public offering this month, pushing ahead with its planned listing even as a massive hacking attack threatens to dampen excitement for the stock.

The German finance ministry denied on Monday a media report of plans for the joint issuance of bonds by member countries of the euro zone with a triple-A credit rating.

The German finance ministry denied on Monday a media report of plans for the joint issuance of bonds by member countries of the euro zone with a triple-A credit rating.

Stock index futures pointed to a sharply higher open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 2.2 to 2.6 percent.

The global economic recovery is running out of steam, leaving the euro zone stuck in a mild recession and the United States at risk of following suit, the OECD said on Monday, sharply cutting its forecasts.

Loss-making mobile chip venture ST-Ericsson said on Monday its operations chief Didier Lamouche would replace its Chief Executive Gilles Delfassy from the start of December.

Moody's Investors Service warned on Monday the rapid escalation of the euro zone sovereign and banking crisis threatens the credit standing of all European government bond ratings.

World stocks rose from last week's 7-week low on Monday as hopes grew euro zone leaders would unveil fresh measures to resolve the two-year-old debt crisis, while caution ahead of next week's key summit kept the euro and German yields under pressure.

Annual compensation for employees at big Wall Street firms could fall 27-30 percent from a year earlier to the lowest level since the 2008 financial crisis, the Wall Street Journal reported, citing a compensation study conducted by the Options Group.

League leaders Manchester City survived with ten-men at Anfield in an exhilarating match against Liverpool, in the Premier League.

Italy's economy is fundamentally sound and should be able to win back market confidence if it shows fiscal discipline, European Central Bank member Christian Noyer said on Monday, ruling out a collapse of the euro zone because of the sovereign debt crisis.

Italy's economy is fundamentally sound and should be able to win back market confidence if it shows fiscal discipline, European Central Bank member Christian Noyer said on Monday, ruling out a collapse of the euro zone because of the sovereign debt crisis.

Roger Federer fought his way to a sixth season-ending championship after defeating Jo-Wilfried Tsonga in the ATP World Tour Finals.

Asian shares jumped on Monday on hopes Europe will come up with some concrete steps this week toward activating a crucial euro zone bail-out fund that is crucial to relieving funding stresses on the region's troubled economies.

Sony Corp aims to boost sales of non-consumer products including electronic devices to an annual 2 trillion yen ($26 billion) from 1.5 trillion yen now within five years, the executive in charge of the business said on Monday.

China's largest search engine Baidu Inc said Monday it will invest 3 billion yuan ($470.6 million) by the end of 2015 to help 2 million small- and medium-sized enterprises expand their businesses.

Three top shareholders in BSkyB will vote against James Murdoch remaining as chairman of the company at its annual general meeting on Tuesday, according to newspaper reports.

Carl Huttenlocher, former Asia head of JPMorgan Chase & Co's Highbridge Capital, said he will launch a hedge fund with more than $300 million on December 1 after a delay in obtaining regulatory approval.