IBT Staff Reporter

Wall Street was set to skid more than 1 percent at the open on Monday as renewed jitters about Europe's debt crisis and the global economy overshadowed the start of earnings season.

European aircraft builder Airbus aims to win a large plane order from AMR Corp's American Airlines by offering $6 billion in preferential financing to woo the American carrier away from rival Boeing , according to the Wall Street Journal.

Germany's government has full confidence in Italy to take the necessary decisions regarding austerity measures and sees no need to expand the euro zone bailout mechanism, a government spokesman said on Monday.

China will probably not yield to demands to ease export restrictions on rare earths, unlike its flexibility in some previous trade disputes, even after the World Trade Organization ruled against it in a related case.

Europe needs to come up with a plan now to get private investors to contribute to a bailout for Greece and give Athens time to deal with its problems, the head of the OECD club of industrialized nations said on Monday.

An intensifying quarrel between Samsung and Apple is triggering expectations that some of the pairs' $5 billion-plus relationship may be up for grabs.

Liverpool manager Kenny Dalglish is rumored to be considering a move for Everton left-back Leighton Baines to resolve the problematic left-back area.

EU finance officials will discuss a range of options for Greece's intractable debt crisis on Monday, galvanized by the growing threat of contagion to Italy, the euro zone's third-largest economy.

Stock index futures fell on Monday as renewed jitters about Europe's debt crisis and the global economy overshadowed the start of earnings season.

Britain asked on Monday for fresh regulatory advice over the bid by Rupert Murdoch's News Corp to buy BSkyB, signaling it could be looking for a way out of approving the deal while a phone hacking scandal rages.

U.S. stock index futures fell on Monday as renewed jitters about Europe's debt crisis and the global economy overshadowed the start of earnings season.

SYDNEY (Reuters Life!) - New Zealand customers at an online shopping site were happily shocked when they got expensive televisions and iPods for free Monday after a computer glitch charged them only postage and handling.

She has been an incredible lady with 25 years talk show career which ended in May and now been counted as the most favorite host for the Oscars ceremony that going to be held in Feburary 2012.

Arsenal have confirmed their first major signing of the season with Lille striker Gervinho making the move to the Emirates.

China's premier and the country's central bank governor vowed on Monday to prevent stubbornly high inflation from upending the economy, reinforcing expectations for more increases in interest rates and bank reserve requirements.

The Transformer Actress ‘ Megan Fox denied the report that she had any botox treatment and in order to prove her statement she posted four pictures of her close facial, showing a range of facial expressions from a rumpled forehead to eyebrow furrowing to looks of scorn and shock , in her micro-blogging site .

The British government has asked the media regulator to reassess media baron Rupert Murdoch's takeover bid for broadcaster BSkyB in the light of a phone hacking scandal, a move that could provide a basis to block the multi-billion dollar buyout.

The British government has asked the media regulator to consider whether undertakings provided by News Corp to secure a buy out of BSkyB are still credible in light of a phone hacking scandal.

Stock futures point to a lower Wall Street open on Monday, with S&P 500 futures down 0.9 percent, Dow Jones industrial average futures down 0.7 percent and those for the Nasdaq composite down 0.9 percent.

Not just the Android phone users, even iPhone users can upload photos on Google+ using any app that can send pictures to Google’s image organizer, Picasa.

Every bit of recycled paper helps to supply 37 percent of the raw materials used in making new paper products in the U.S. Every ton of office paper recycled saves 24 trees.

British government lawyers are drawing up plans to block Rupert Murdoch's bid to buy out the broadcaster BSkyB, the Independent newspaper said on Monday, a move that could spare Prime Minister David Cameron a potentially damaging parliamentary vote.

Japanese mobile social gaming firm DeNA will seek to expand by buying more game developers, its new chief executive, Isao Moriyasu, said in an interview on Monday.

British government lawyers are drawing up plans to block Rupert Murdoch's bid to buy out the broadcaster BSkyB, the Independent newspaper said on Monday, a move that could spare Prime Minister David Cameron a potentially damaging parliamentary vote.

The European Union's top finance officials hold critical talks on Greece and the worsening situation in Italy on Monday, with concern about the risk of further sovereign debt contagion acute.

Elpida Memory Inc plans to raise nearly 80 billion yen ($992 million) through new shares and convertible bonds as it shifts production away from DRAM memory to more profitable smartphone chips.

European Council President Herman Van Rompuy has called an emergency meeting of top officials dealing with the euro zone debt crisis for Monday morning, reflecting concern that the crisis could spread to Italy, the region's third largest economy.

Apple is pushing for a ban on Samsung Galaxy devices within two months, claiming they rip off the iPhone/iPad resemblances.

China will link local officials' performance appraisals to the level of debt held by local governments, state media reported Monday, an apparent move to cap borrowing and address worries that possible defaults could damage China's economy.