IBT Staff Reporter

World stocks put in solid gains on Monday as investors bet on a positive outcome to the euro zone crisis talks and took comfort from signs that China's economy may not be in as much danger as feared.

China's vast manufacturing sector expanded moderately in October to snap three months of contraction, reflecting the resilience of robust domestic demand that is likely to soothe fears of an abrupt slowdown in the world's second-largest economy.

Netflix Inc said it will launch a subscription service in the United Kingdom and Ireland in early 2012, offering unlimited TV shows and movie streaming over the Internet.

Intercontinental Hotels Group , the world's biggest hotelier, reported higher revenue growth at its American operations and said customer demand had remained strong despite the global economic slowdown.

Arsenal burst into the top seven of the Premier League for the first time this season after a 3-1 win at home over Stoke City.

European stocks were set to open higher on Monday after data about China helped allay fears of a hard-landing in the world's second-largest economy, while the euro steadied on hopes that Europe's leaders were making some progress toward tackling the region's debt crisis.

A heated West London derby ended in shock with nine-man Chelsea defeated 1-0 against QPR at Loftus Road.

Tokyo Electric Power Co <9501.T> on Monday said it has no plans to sell all the stakes it holds in overseas uranium projects, denying a newspaper report that it would take such a step to raise funds to help victims of the crisis at its Fukushima nuclear plant.

The battle for Manchester for well and truly won by the blue half as Manchester City demolished Man United to a 6-1 humiliation at Old Trafford.

China's vast manufacturing sector picked up moderately in October, snapping a three-month contraction and underscoring the resilience of the world's second-largest economy backed by robust domestic demand.

China's vast manufacturing sector picked up moderately in October, snapping a three-month contraction and underscoring the resilience of the world's second-largest economy backed by robust domestic demand.

More than 200 people were confirmed killed and hundreds more feared dead after an earthquake hit parts of southeast Turkey Sunday with rescue teams working through the night to free trapped survivors.

Fortress Investment Group LLC has hired David Dredge as co-chief investment officer at its convexity strategies group, two sources familiar with the matter said.

China's consumer inflation is likely to ease below 5 percent by November and December, a senior official at the country's economic planner said in remarks published on Monday, raising hopes Beijing can contain prices that have held near three-year highs.

Global miner Rio Tinto said on Monday iron ore demand remained robust despite market weakness, and said a fall in prices was accelerating a move to shorter-pricing methods.

Apple Inc co-founder Steve Jobs revolutionized multiple industries with his cutting-edge products but he was not the world's best manager, biographer Walter Isaacson said.

Saudi Telecom Co plans major acquisitions in the Middle East next year to take advantage of a buyer's market to expand it's regional presence, the chief executive of its international operations said on Sunday.

Japan's exports rose at a faster pace than expected in the year to September, suggesting that resilience in exports is underpinning the economic recovery despite a global slowdown and the strong yen.

More than 100 people were confirmed killed and hundreds more feared dead Sunday when a powerful earthquake hit southeast Turkey, flattening buildings and leaving survivors crying for help from under the rubble.

Ryanair is in talks with U.S., Chinese and Russian aircraft manufacturers about the possibility of buying 200 to 300 planes between 2015 and 2021, the Financial Times reported on Monday.

Finance Minister Jun Azumi said on Monday that Japan was ready to take decisive action in currency markets, issuing a fresh warning to markets against pushing up the yen too much in the wake of its rise last week to a record high.

Shares of a handful of large tech companies including Apple Inc, Oracle Corp and eBay Inc are likely to increase by more than 20 percent over the next year, according to Barron's.

INTERNATIONAL BUSINESS TIMES meets with media luminary Steven Beer.

Canada warned on Sunday it will defend its interests if the European Union (EU) goes through with a proposal to rank Canadian oil sands as a highly polluting fuel.

As a young hockey player with dreams of making it big, Mark Carney liked to get revved up before a big game by listening to AC/DC's Hell's Bells.

Japanese Finance Minister Jun Azumi said on Monday that Japan will take decisive action on excessive and speculative foreign exchange moves and that he did not believe the strong yen, at less than 76 per dollar, reflected economic fundamentals.

Indycar star Dan Wheldon was honored at a public funeral on Saturday in his hometown St Petersburg, Florida.

From newlywed to Marriage Counselor.

If you're still bummed that Catherine Tate wasn't chosen as the new boss on The Office, the show has a consolation prize for you: She'll return this season.