IBT Staff Reporter

The European Commission will exclude the over-the-counter derivatives market from its antitrust review of Deutsche Boerse's takeover of NYSE Euronext, undermining a key rationale to gain approval for the deal, three people familiar with the matter said on Monday.

Bertelsmann Chairman and CEO Hartmut Ostrowski is resigning from his position effective at yearend, the company announced Monday.

When China announced a nearly $600 billion package to ward off the 2008 global financial crisis, city planners across the country happily embarked on a frenzy of infrastructure projects, some of them of arguable need.

A video clip, which received nearly 160,000 views, of protesters discussing whether U.S. Rep. John Lewis should leave without speaking to a crowd of more than a hundred people on Saturday in Atlanta surfaced over the weekend and received just as much controversy as viewership.

Stocks rallied on Monday as investor sentiment was buoyed by a pledge by German and French leaders to tackle the euro zone debt crisis.

The iPhone 4S preorders topped one million in a single day, breaking the company's single-day sales record held by the iPhone 4. The surging demand for the 4S is seen as a tribute to Steve Jobs, whose death immediately followed the device's release.

Proxy Advisory firm Glass Lewis & Co. has told shareholders of News Corporation that they should vote against six directors, including Chairman and CEO Rupert Murdoch's sons James and Lachlan, for re-election to the company board.

Despite being England's icon, Wayne Rooney's red card against Montenegro could come at a heavy price as England manager Fabio Capello revealed the player would face a fight to win back his starting spot.

Stocks rose sharply in early trading on Monday after a renewed pledge by France and Germany to come up with a plan to resolve the euro zone debt crisis by month's end lifted sentiment.

Rosie O'Donnell begins her new venture The Rosie Show with a monologue, guest games and special celeb interview, which all premieres Monday night on the Oprah Winfrey Network (OWN).

Mexican mobile phone giant America Movil, owned by billionaire Carlos Slim, is set to launch a bid on Tuesday to buy the 40.04 percent of fixed-line phone unit Telefonos de Mexico it does not already own.

Netflix Inc Chief Executive Reed Hastings reversed an unpopular decision to separate his company's DVD rental business and online video streaming service, sending the stock up 10 percent in premarket trading.

With its release awaiting on Nov. 11, The Elder Scrolls 5: Skyrim generated some buzz as its world map was revealed.

Stocks rose sharply on Monday as investor sentiment was buoyed by a renewed pledge by France and Germany to come up with a plan to tackle the euro zone debt crisis by month's end.

After fighting a long 8-year-battle with a rare form of pancreatic cancer, the tech genius Steve Jobs ultimately passed away on Oct. 5, Wednesday.

England's problems from a forgettable Rugby World Cup continues even after their elimination as captain Lewis Moody comes under IRB scrutiny under suspicion of wearing a branded mouth-guard.

At the Let's talk iPhone event, Apple, instead of unveiling an iPhone 5, released an iPhone 4S that features the new iOS 5 and a revolutionary voice-recognition technology.

Pre-orders for the newly released iPhone 4S began on Friday. Have you placed your order yet?

China's Alibaba Group Holding Ltd has talked with Temasek Holdings Pte about providing financing to buy the 40 percent stake in itself held by Yahoo Inc, Bloomberg said, citing people familiar with the matter.

Upgrades made to the iPhone 4 into the iPhone 4S

Last Thursday, blue whales were spotted in Southern California's Del Mar and La Jolla. Experts report that this is the closest these large mammals have ever come to our shores.

Several brokerages lowered their ratings on Sprint Nextel Corp after the wireless provider said on Friday it needs to raise more money to upgrade its network, sparking concerns about its financial stability.

The leaders of Germany and France have promised to unveil new measures to solve the euro zone's debt crisis by the end of the month, as international pressure builds for bold steps from Europe to avert an economic backlash of global proportions. But they declined to reveal any details.

Stock index futures rose on Monday as a renewed pledge by France and Germany to come up with a plan to tackle the euro zone debt crisis by month's end lifted sentiment.

Stock index futures rose on Monday on hopes a resolution to the euro zone's debt crisis was progressing.

Stock index futures pointed to a higher opening for equities on Wall Street on Monday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 rising 0.9 to 1 percent.

Stock index futures pointed to a higher opening for equities on Wall Street on Monday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 rising 0.9 to 1 percent.

World number one Novak Djokovic will miss the Shanghai Masters this week, following his withdrawal from the China Open last week, after aggravating his back injury in the recently concluded Davis Cup.

A unit of China Petrochemical Corp has signed a deal to buy Canadian oil and gas explorer Daylight Energy Ltd for C$2.2 billion ($2.1 billion) in cash, underscoring China's quest to secure enough energy to power its booming economy.