IBT Staff Reporter

Wall Street stocks were set to bounce back on Friday after Europe's debt crisis drove heavy market losses this week, with the S&P 500 falling through important technical levels and possibly facing another key test of strength.

Manchester United have been dealt a blow after it emerged that the injury to Tom Cleverley was worse than expected, leaving him out till after Christmas.

Stock index futures rose on Friday after Europe's debt crisis drove heavy market losses this week, with the S&P 500 falling through important technical levels and possibly facing another key test of the strength.

Exchanges Deutsche Boerse AG and NYSE Euronext will sell some businesses and give rivals access to a major derivatives clearing house in concessions aimed at winning support from antitrust regulators for their $9 billion merger.

Arsenal are unlikely to sign Brek Shea permanently, according to the FC Dallas star, despite the player agreeing to train with Arsene Wenger's side and prove his worth.

Mayor Michael Bloomberg's decision to evict Occupy Wall Street protesters from Zuccotti Park Tuesday has forced the movement to re-evaluate its strategies. IBTimes spoke to Fordham University Sociology Professor Heather Gautney about how the movement has successfully regrouped and where it's headed.

It was a telling moment at the height of the Occupy Wall Street protests.

European Central Bank chief Mario Draghi told euro zone governments Friday to act fast to get their rescue fund up and running, expressing exasperation at their lack of progress in response to an escalating debt crisis.

Chelsea star Didier Drogba could be tempted into an unprecedented move to Russia with reports suggesting Anzhi Makhachkala has offered him £10 million-a-year in wages.

Italy's new government has announced far-reaching reforms in response to a European debt crisis that on Thursday pushed borrowing costs for France and Spain sharply higher, and brought tens of thousands of Greeks onto the streets of Athens.

A unit from the Tokyo Metropolitan Police Department's organized crime division has joined an investigation into an accounting scam at Japan's disgraced Olympus Corp, a source familiar with the matter said on Friday, in a sign that the scandal could widen.

Stock index futures pointed to a slightly higher open for equities on Wall Street Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.2 to 0.3 percent.

Stock index futures pointed to a slightly higher open for equities on Wall Street on Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.2 to 0.3 percent.

The European Central Bank could soon bow to pressure to print money to prevent a further escalation of the euro zone's debt crisis, with respondents in a Reuters poll giving an even probability the ECB would adopt a policy of quantitative easing.

World stocks fell on Friday, extending an overnight slide, with renewed pressure on Spanish bonds reflecting fears the euro zone's debt crisis was spiraling out of control.

Shares in Swiss bank UBS rose on Friday as investors welcomed its pledge to start paying dividends again, though its plans to trim its scandal-hit investment bank failed to go as far as some had hoped.

Japan's big manufacturers led by Panasonic Corp and Nissan Motor Co Ltd are speeding up their shift overseas, in a sign corporate Japan sees the strong yen as a long-term handicap rather than a temporary blip.

A corporate governance advocacy group whose members include institutional investors that collectively manage assets of more than $10 trillion urged Tokyo's stock exchange on Friday not to delist disgraced Olympus Corp .

The stage comedy Seminar is nearing its Broadway premiere Sunday with Alan Rickman, who's already made history for how he handled a preview performance Thursday -- he cancelled it.

President Barack Obama welcomed on Friday a $21.7 billion jet deal his administration helped broker between Boeing and an Indonesian airline, calling it a win-win for U.S. workers and Asian consumers.

Asian shares fell for a fourth day in a row Friday as Europe's funding difficulties intensified, with Spanish borrowing costs hitting an unsustainable level and premiums for dollar funds rising further.

Shares of consumer review website Angie's List surged as much as 44 percent on their market debut Thursday as investors continued to lap up internet offerings, but concerns about the company's profitability could loom on the stock.

There won't be any cement shoes for a certain troubled mob project.

Gym Class Heroes has graduated from party life to adulthood on their latest album, The Papercut Chronicles II, a follow-up to their first CD after three records of anthems to youth, rebellion and just plain having fun.

Nothing like a little alleged molestation to tickle the ol' funny bone.

Homicide detectives will reopen an investigation into the death of screen icon Natalie Wood three decades after she drowned off the California coast, Los Angeles County Sheriff's officials said on Thursday.

Japanese prosecutors are to question a former president of disgraced Olympus Corp over an accounting scandal at the camera and medical device maker, as investigators probe for possible involvement of organized crime, media reports said on Friday.

The trustee liquidating MF Global Holdings Ltd's broker-dealer unit won court permission to distribute $520 million of cash to customers, providing relief to customers whose accounts have been frozen since the futures brokerage went bankrupt.

Boeing Co and Indonesian's Lion Air signed on Friday an agreement for the Southeast Asian nation's largest domestic carrier to buy $21.7 billion worth of jets from the U.S. aircraft maker. The deal was announced by the White House during a trip by U.S. President Barack Obama to the Asia-Pacific. Executives signed the deal in Bali, Indonesia, where Obama will attend the East Asia summit.