IBT Staff Reporter

The dollar rebounded from three-year lows and U.S. crude slid more than 1 percent on Monday after news al Qaeda leader Osama bin Laden was killed in a firefight with U.S. forces reduced the perception of security risks facing the United States.

Japan's government will not put a cap on the liabilities faced by Tokyo Electric Power Co <9501.T> for damages stemming from its crippled Fukushima Daiichi nuclear power plant, Chief Cabinet Secretary Yukio Edano said Monday.

President Barack Obama on Sunday announced that the U.S. had killed al Qaeda leader Osama bin Laden, accused of being the mastermind behind the 9/11 attacks in 2001.

Osama Bin Laden's death is being celebrated, and everyone seems to repeat the conspiracy theory that he was indeed the mastermind behind the terror attacks of 9/11. But that was never proven, and there is not even evidence hinting at such a connection according to the FBI. It is very well possible that completely different organizations than al-Qaeda were responsible for the planning and execution of 9/11, and that the latter were merely one of the involved parties.

President of United States Obama announced the death of Osama Bin Laden on Sunday night.

Osama bin Laden has been killed in a mansion outside the Pakistani capital Islamabad and his body has been recovered by U.S. authorities, U.S. officials said on Sunday. Obama announced the news to the nation the White House, almost 10 years after the Sept. 11 attacks took place.

Shares of Sony rose on Monday, a day after the firm said it would resume some services on its PlayStation Network this week and offer customer incentives following the theft of personal information from 78 million user accounts.

Osama bin Laden is has been killed in a mansion outside the Pakistani capital Islamabad and his body has been recovered by U.S. authorities, U.S. officials said on Sunday.

Osama bin Laden was killed by U.S. forces, CNN is reporting citing Congressional and administration sources

Facebook Inc's business is growing faster than forecast several months ago and the firm is on track to top $2 billion in earnings before interest, taxes, depreciation and amortization in 2011, according to a report in The Wall Street Journal.

French investigators on Sunday said they found a ‘black box’ with flight data of a 2009 Air France flight that may give new information as to why the plane crashed in the Atlantic ocean, killing 228 people aboard.

Shares of Sony rose on Monday, a day after the firm said it would resume some services on its PlayStation Network this week and offer customer incentives following the theft of personal information belonging to 78 million users.

The most anticipated wedding of the year has come and gone. Prince William and Kate Middleton are officially a married couple. The day after the wedding, Prince William and his bride were seen exiting Buckingham Palace, holding hands and smiling, while boarding a helicopter.

Crowds in the Libyan capital of Tripoli set fire to the empty British embassy and vandalized the Italian embassy on Sunday, a day after NATO bombed Libyan Leader Muammar Gaddafi's compound in a suburb of the city.

Swiss biotech group Actelion Ltd is now facing a tougher battle at its annual general meeting next week after a jury decided Asahi Kasei Pharma Corporation <3407.T> should be awarded up to $547 million.

Final buyout bids for Warner Music Group are due on Monday and the company could be sold by the end of the week in a deal valued at over $3 billion, according to a person familiar with the matter.

The Obama administration is considering a plan to force more businesses to pay the corporate income tax, an industry group said, in an overhaul package that could be unveiled as early as this month.

Rep. Michele Bachmann R-MN, on Saturday used the Holocaust - the genocide of Jews in World War II - to make a point about taxes and economic liberty in a speech.

Central bankers around the world are at different stages when it comes to combating price pressures, but all of them are keeping a close watch on wages for early warning signs of future inflation.

Pope Benedict XVI, the head of the Roman Catholic Church, beatified Pope John Paul II on Sunday at St. Peter's Basilica in the Vatican City, calling him Blessed, before throngs of faithful, putting the pope who died in 2005 one step from sainthood within the Church.

Ivory Coast overcame a deadly political standoff in April only when a key fighting force and France backed current President Alassane Ouattra, a regional observer said.

Sony said it would resume some services on its PlayStation Network this week and offer incentives to customers to try to prevent them turning to competitors after the theft of personal information belonging to 78 million user accounts.

Thousands of demonstrators march during a May Day around the World; Istanbul, Ankara, Paris, Berlin... May Day occurs on May 1. In many countries, May Day is synonymous with International Workers' Day, or Labour Day, a day of political demonstrations and celebrations organised by communists, anarchists, socialists, and activist groups. May Day is also a traditional holiday in many cultures.

Major stock indexes are at multiyear highs but Wall Street does not seem to be running out of steam -- not just yet.

The majority of Greeks see privatizations as necessary to get the country out of its debt crisis, backing government plans to sell state stakes in its industries to help pay down the national debt, a poll showed on Sunday.

Arsenal blew the Premiership title race wide open with a great performance against Manchester United to leave the leaders with just a three point lead at the top of the table.

Libya's government accused and NATO denied an assassination attempt on Col. Muammar Gaddafi on Sunday after NATO bombed the leader's compound in Tripoli's suburbs, with a Libyan government spokesman saying the attack killed one of the leader's sons and three grandchildren.

Sony Corp. said it is beefing up security on the PlayStation Network in the wake of a hacking attack that resulted in the theft of millions of users' credit card details.

It's a decisive tie in the English Premier League as Arsenal host Manchester United in what could decide where the Premiership title ends up.