IBT Staff Reporter

Stock index futures rose on Monday, feeding bullish hopes that the recent selling would ebb after last week's wild swings took the S&P 500 near a one-year low.

Japan's economy shrank much less than expected in the second quarter as companies made strides in restoring output after the devastating earthquake in March, but a soaring yen and slowing global growth cloud the prospects for a sustained recovery.

A series of bomb blasts rocked Iraq on Monday, killing at least 170 people and wounding 67. The attacks, which disrupted the otherwise quiet holy month of Ramadan, took place in less than two weeks after the Iraqi government said it would negotiate with the U.S. for keeping some of its troops after the end of the year.

The hacker group Anonymous was in the limelight once again Sunday for attacking Bay Area Rapid Transit and releasing sensitive information of ?at least 2,400? customers, in retaliation of the shutting down of cellular phone service in San Francisco subway stations.

Dell's confusion over tablet format has ended, as it retired its part-tablet and part-smartphone, the 5-inch Dell Streak, in favor of bigger tablets.

Two people were killed and four injured when a small plane crashed near Alaska's Lower Yukon Valley on Saturday evening.

The risk of a credit crunch in southern Europe is rising as banks face stress in their medium- to long-term funding, forcing some to shrink their lending, analysts said on Monday.

World stocks climbed further out of their August hole on Monday, lifted by signs of earlier-than-expected recovery in Japan and a growing belief that shares may now be cheap.

One of the most protracted transfer saga's in football history is finally coming to an after Arsenal and Barcelona confirmed that they have agreed a deal for Spanish midfielder Cesc Fabregas.

The head of Germany's leading export association urged the leaders of Germany and France to agree at a meeting in Paris on Tuesday to issue joint euro zone bonds, an idea that Berlin has strongly opposed until now.

U.S. scientists have discovered a naturally occurring agent which destroys bacteria that causes meat, fish, eggs and dairy products to decompose.

It wasn't altogether convincing performance from the champions, as Manchester United struggled past West Brom to win 2-1 at the Hawthorns.

Video games publisher Electronic Arts is upbeat about Christmas holiday sales as it expects to release top titles and prepares its most high profile launch ever: Star Wars: The Old Republic.

A drawing by Rembrandt, valued at $250,000, was stolen from a Southern California hotel over the weekend.

President Barack Obama has no reprieve from his summer blues. His approval ratings have taken a hit as Americans are deeply concerned about their future amid sluggish economic growth and unemployment rate that remains above 9 percent.

After a number of ugly clashes between the two sides last season, Real Madrid and Barcelona played out a 2-2 thriller in the Spanish Supercopa at the Santiago Bernabeu.

Japan's economy shrank much less than expected in the second quarter as companies made strides in restoring output after the devastating earthquake in March, but a soaring yen and slowing global growth cloud the prospects for a sustained recovery.

National Oilwell Varco Inc , the largest U.S. oilfield equipment maker, struck a $1.5 billion deal to supply drilling equipment for seven drillships to Brazil's Estaleiro Atlantico Sul.

Japan's economy contracted at a slower pace than expected in the second quarter as output and exports recovered from the devastating earthquake in March, but a soaring yen and slowing global growth clouds the outlook.

British finance minister George Osborne is recruiting international support for his unyielding stance on deficit cutting, the Financial Times said on Monday.

Japan's economy contracted 0.3 percent in April-June, slower than the decline in the previous quarter as output recovers from the devastating earthquake in March, Cabinet Office data showed on Monday.

After celebrating one year of wedding bliss, former Lizzie McGuire star, Hilary Duff, has announced that she is pregnant with her first child.

Japan's economy shrank much less than expected in the second quarter as companies made strides in restoring output after the devastating earthquake in March, but a soaring yen and slowing global growth cloud the prospects for a sustained recovery.

Japan's economy contracted at a slower pace than expected in the second quarter as output and exports recovered from the deadly earthquake in March, but a soaring yen and slowing global growth cloud the outlook for an economy emerging from recession.

U.S. safety regulators have opened an investigation into warranty claims regarding the brake effectiveness of a 2008 Mazda Motor Corp sport utility vehicle.

Time Warner Cable has reached a deal to buy The Carlyle Group's cable operator Insight Communications Co for around $3 billion in cash, a source familiar with the matter said on Sunday.

More details are coming out on Apple's spaceship campus.

China's state-owned Bright Food Group has agreed to buy Australian branded food business Manassen Foods, giving it an enterprise value of over A$500 million ($516 million), a person with direct knowledge of the matter told Reuters on Sunday.

Researchers from MIT criticized the United Nations' global climate report, saying it seriously underestimated the speed of Arctic sea ice loss.