IBT Staff Reporter

The London Stock Exchange's shares rose sharply as analysts said the LSE could find itself vulnerable to a bid if its planned tie-up with Canada's TMX falls apart following a counter offer for TMX.

France hopes to get at least 2.5 billion euros ($3.53 billion) for the fourth-generation (4G) wireless frequencies it plans to grant to telecom operators in an upcoming auction, Industry minister Eric Besson told Le Figaro.

Standard & Poor's has offered to cap its licensing fees to end an antitrust investigation, EU regulators said on Monday, in a move that could help the credit ratings agency avert a possible fine.

The London Stock Exchange's shares rose sharply as analysts said the LSE could find itself vulnerable to a bid if its planned tie-up with Canada's TMX falls apart following a counter offer for TMX.

Tunisian forces have arrested two suspected members of al Qaeda near the Libyan border.

Information technology mingling with medicine is nothing new nowadays. However, every time something happens in this regard, it captures the imagination of all. The latest in this string of events is an iPod Touch in the hands of a few surgeons in India.

Amazon's cloud-based Infrastructure-as-a-service (IaaS) EC2 which leases compute power was used by hackers to siphon off personal details of over 80 million users from Sony's PlayStation Network (PSN).

Yahoo Inc and Alibaba Group will find it difficult to resolve their feud over the Chinese company's transfer of a major Internet asset, raising questions over how long its troubled marriage would last.

Warm weather in key European markets and the Easter holiday helped Swedish budget fashion chain Hennes & Mauritz AB post its biggest rise in sales in eight months in April.

Clashes erupt between protesters and security forces at Israeli Embassy in Cairo.

Syrian troops shelled the town of Tel Kelakh and opened fire on residents fleeing to Lebanon, killing seven people and wounding five.

At least 27 people were killed on a ranch plagued by drug cartels in a Guatemalan village near the border with Mexico, police said on Sunday.

Cathay Pacific aircraft with 136 passengers landed in Singapore on Monday with engine on fire.

TOKYO (Reuters Life!) - In Japan, they're all ears for the latest in hi-tech fashion. The stylish headgear, a set of white ears that move according to the wearer's thoughts and emotions, is called Necomimi -- cat's ears in Japanese.

Los Angeles will be a U.S. leader in electric vehicle adoption, according to a new study published by the UCLA Luskin Center for Innovation.

Research In Motion Ltd has recalled about 1,000 of its Playbook tablets which were shipped with a flawed operating system build that could pose problems during the initial set-up, technology blog Engadget and several other media channels reported.

Glencore International Plc has tightened guidance for its planned $11 billion initial public offering , pushing up the mid-point of the marketing range, a source said, in a sign the commodities trader has seen stronger demand at the higher end of an indicative range.

The London Stock Exchange said on Monday it remained committed to an agreed tie up with Canada's TMX Group after a group of Canadian banks and pension funds made a preliminary, $3.7 billion counter offer.

China needs to raise interest rates further to rein in inflation, which is likely to stay high in coming years due to rising global commodity prices, Li Daokui, an adviser to the People's Bank of China said on Monday.

Underwriters for the planned $9 billion stock sale by American International Group Inc and the Treasury have indications of interest from investors for about half the offering, the Wall Street Journal reported on Sunday, citing people familiar with the matter.

Glencore International Plc has revised the price range for its planned $11 billion initial public offering to 520-550 pence per share, from an earlier guidance of 480-580 pence each, a source with direct knowledge of the matter told Reuters on Monday.

Chrysler Group LLC, seeking to raise $6 billion in new debt to repay government loans, is expected to restructure its proposed refinancing package this week after investors showed hesitation over the loan portion of the transaction, people familiar with the matter said.

Oakland Athletics starting pitcher Trevor Cahill took his first loss of the season to the Chicago White Sox 4-3, after committing a throwing error in a pivotal seventh inning.

A group of Canadian banks and pension funds are hoping their C$3.6 billion ($3.7 billion) offer for TMX Group will keep the nation's largest stock market from falling into foreign hands, but questions remained on Sunday whether that is reason enough to succeed.

Kevin Durant scored 39 points with 9 rebounds to help the Oklahoma Thunder beat the Memphis Grizzles 105-90 in deciding game 7 of their playoff series.

Authorities in northern Guatemala, near the Mexican border, confirmed 26 men and two women were shot and decapitated Saturday evening, with police indicating members of a Mexican drug cartel may be responsible as the Guatemalan army sen troops to the Mexican border to prevent an escape of those possibly responsible.

AOL Inc is launching a professional division called AOL Industry on Monday aimed at government, energy and defense executives.

The third Volkswagen crashed at Queensboro Bridge, Saturday May 14, landing on top of a livery cab, leaving their drivers miraculously alive.

The Guinness World Record has been awarded to Apple's App Store for being the most popular apps marketplace in the world.