IBT Staff Reporter

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Campbell Soup profit beats expectations

Campbell Soup Co reported a better-than-expected quarterly profit on Monday and forecast full-year results at the high end of its range, after moving its focus from profit-sapping promotions to advertisements.

Battle begins for trio of top regulatory jobs

Filling a trio of top regulatory jobs will be crucial for maintaining momentum in global reforms with the chances of emerging market candidates boosted if a European bags the IMF, regulatory sources and analysts said.

Wall St drops at open as euro zone concern weighs

Stocks dropped more than 1 percent at the open on Monday as worries escalated about the euro-zone debt crisis after Standard & Poor's cut Italy's rating outlook and Spain's ruling Socialists suffered an elections setback.

Shares of Apple iPad maker Hon Hai fall after plant

Shares of electronics company Hon Hai Precision Industry Co Ltd <2317.TW> fell as much as 5 percent on Monday on fears major client Apple Inc may shift orders to other producers following a blast at one of the company's plants in China.

Britain's battle over privacy law descends to farce

An increasingly farcical game of cat-and-mouse between Britain's media and celebrities, Twitter users and the judiciary prompted Prime Minister David Cameron to promise a review of the country's privacy laws on Monday.

Mets owner Wilpon blasts Reyes, Wright, Beltran

Fred Wilpon, the 74-year-old owner of the New York Mets, was quoted in a New Yorker article as saying derogatory statements about key players Jose Reyes, David Wright, and Carlos Beltran.

iPhone 5 Might Get Curved Display

The new look of the Apple iPhone 5 might resemble the fourth- and fifth-generation iPod Nano more than the current crop of iPhones and iPods.

Mizuho head to step down after massive system troubles

Mizuho Financial Group's <8411.T> president will step down and its corporate banking chief will take the helm, Japan's second-largest bank said on Monday, as it grapples with persistent system troubles including a breakdown in ATMs after the devastating March earthquake.

Euro zone, China PMIs ease as policy bites

Manufacturers in Europe and China tapped the brakes this month and price pressures eased as tighter policy measures to control inflation began to bite, purchasing managers' indexes showed on Monday.

Wall St set for lower open on euro zone woe

Stocks were set for a lower open on Monday as worries about the euro-zone debt crisis increased after Standard & Poor's cut Italy's rating outlook and Spain's ruling Socialists suffered a setback in elections.

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