IBT Staff Reporter

Stock index futures pointed to a weaker open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down by between 0.6 and 0.9 percent.

World equities fell on Monday with commodities retreating as the dollar rose to a three-month high against the yen after Japan intervened to weaken its currency, spurring some profit-taking after last week's rally.

Consumer electronics giant Sony Corp said on Monday it will split its television business into three divisions to make operations more accountable as part of efforts to turn around the loss-making business.

Barclays Plc's underlying quarterly profit rose 5 percent from a year ago as lower charges for bad debt at the British bank offset a third consecutive sharp fall in investment banking revenue.

Honda Motor Co <7267.T> withdrew its annual earnings guidance in an unusual move on Monday due to uncertain currency markets and Thailand's floods just as it was starting to recover from the March earthquake and tsunami.

Barclays reported a 5 percent rise in underlying quarterly profit as lower charges for bad debt at the British bank offset a third consecutive sharp fall in investment banking revenues as the euro zone financial crisis deepened.

Japanese electronics maker Panasonic Corp slashed its annual outlook to a $5.5 billion net loss on Monday, its worst in a decade, as restructuring costs soared and weak demand in the United States and Europe eroded income.

Japanese electronics maker Panasonic Corp slashed its annual outlook to a $5.5 billion net loss on Monday, its worst in a decade, as restructuring costs soared and weak demand in the United States and Europe eroded income.

Swiss bank Credit Suisse will announce the loss of another 1,000 jobs when it presents third-quarter results on Tuesday, a Swiss newspaper reported without revealing its sources.

In early April, Jon Corzine was in a tough spot. MF Global, the company he had run for the previous year, was about to post a fourth-quarter loss, marking its fourth successive fiscal year of red ink.

Japanese electronics maker Panasonic Corp slashed its annual outlook to a 420 billion yen ($5.5 billion) net loss on Monday, hit by restructuring costs and sluggish economies in the United States and Europe.

In early April, Jon Corzine was in a tough spot. MF Global, the company he had run for the previous year, was about to post a fourth-quarter loss, marking its fourth successive fiscal year of red ink.

Toshiba Corp, Japan's biggest chip maker, eked out a rise in quarterly operating profit on solid demand for its mainstay NAND flash memory chips and kept its earnings outlook unchanged.

Honda Motor Co withdrew its annual earnings guidance in an unusual move on Monday due to uncertainties including currency markets and Thailand's floods just as it was starting to recover from the March earthquake and tsunami.

Toshiba Corp, Japan's biggest chip maker, eked out a rise in quarterly operating profit on solid demand for its mainstay NAND flash memory chips and kept its earnings outlook unchanged.

Ask senior European Union policymakers in private what can stop the euro zone's festering sovereign debt crisis and the answer is the European Central Bank.

Ask senior European Union policymakers in private what can stop the euro zone's festering sovereign debt crisis and the answer is the European Central Bank.

Asian shares fell and commodities slipped as the dollar spiked to a three-month high against the yen following Japan's intervention, prompting investors to book profits after last week's rally.

Troubled brokerage MF Global Holdings Ltd was nearing a deal late on Sunday night to file for bankruptcy protection and sell assets to Interactive Brokers Group , media reports said.

Taiwanese netbook PC pioneer Asustek Computer Inc's posted a better-than-expected net profit in the third quarter, but sees a decline in shipments in the fourth quarter.

Beacon Power Corp filed for bankruptcy on Sunday, just a year after the energy storage company received a $43 million loan guarantee from a controversial Department of Energy program.

Australia's Qantas Airways said on Monday it expects to restore its schedule to normal in the next 24 to 48 hours after grounding its entire fleet at the weekend over a protracted labor dispute.

The head of Europe's bailout fund, in Asia on a tour for potential investors, said on Monday he had been reassured by Japan's top currency official that Tokyo would continue to buy its bonds.

$100,000 in cherry sales within 30 minutes of advertising on a Chinese TV network

Australia's Qantas Airways scrambled to get its planes in the air on Monday after grounding its entire fleet over the weekend in a bold tactic to force the government to intervene in the nation's worst labor dispute in a decade.

Netflix said it has extended its license agreement with ABC Television Group, a division of Walt Disney Co, to continue to stream TV shows over the Internet.

MF Global Holdings Ltd was in talks on Sunday with possible buyers with the goal squarely of doing a deal, though all options remained on the table as the firm hired restructuring and bankruptcy advisers, sources familiar with the situation said.

U.S. small businesses added fewer jobs in October than in the previous month and reduced working hours for employees, a survey showed on Sunday.

Australia's Qantas Airways scrambled to get back in the air on Monday, having grounded its entire fleet over the weekend in a bold tactic to force the government to intervene in the nation's worst labor dispute in a decade.