IBT Staff Reporter

AT&T Inc plans to pay $39 billion for Deutsche Telekom AG's T-Mobile USA to create a new U.S. mobile market leader, but the pricey purchase is likely to attract intense antitrust scrutiny over potentially higher customer bills.

Stock index futures indicated a Wall Street rise of about 1 percent at the open on Monday after last week's sell-off as investors welcomed a deal by AT&T to buy the T-Mobile business from Deutsche Telekom.

Google Inc on Monday accused the Chinese government of making it difficult for Gmail users to access the service in the country, the latest development in a rocky relationship between the two.

Next Justin Bieber or not, the worst song ever or not, 13-year-old Rebecca Black and her YouTube single 'Friday' have got the whole world talking, at least the internet.

Billionaire investor Warren Buffett believes Japan's devastating earthquake is the kind of extraordinary event that creates a buying opportunity for shares in Japanese companies.

TOKYO - Sony Corp <6758.T> said it would partially restart a lithium ion battery factory in Tochigi prefecture on Tuesday, leaving six plants, which make a range of devices from integrated circuit cards to Blu-ray discs, still closed.

While 285,000 students left the country for education in 2010 alone, there was also a 25 per cent year-on-year increase in the numbers returning home.

AT&T plans to acquire Deutsche Telekom AG's T-Mobile USA for $39 billion in cash and stock, a deal which will alter the telecom landscape in US leaving only three key players in the market.

The 2002 Civic EX four-door sedan has the conventional powertrain replaced with a 35-horsepower electric motor and 33 lithium-iron-phosphate batteries.

Wanna work for Facebook? Well, here is a quick checklist of 5 things that you should complete!

Stock index futures pointed to a strongly higher open on Wall Street on Monday, with futures for the S&P 500 up 1.2 percent, Dow Jones futures up 1 percent and Nasdaq 100 futures up 1.3 percent at 0907 GMT (5:07 a.m. ET).

Japan's economy could shrink after a devastating earthquake and tsunami earlier this month, but the government has the fiscal and credit means to deal with a disaster which could cost twice as much as the 1995 Kobe earthquake, ratings agency Moody's said on Monday.

Brent climbed to above $115 a barrel on Monday after western forces launched a military campaign against Libya, stoking fears that violence will intensify in North Africa and the Middle East, source of more than a third of the world's oil.

Oil prices jumped more than 2 percent to top $116 a barrel on Monday as Western forces launched air strikes on Libya, while Asian shares advanced on bargain hunting in the wake of heavy losses last week.

Police in Haiti have dismissed singer and songwriter Wyclef Jean's claims that he was shot at citing doctors as confirming that the musician only sustained a minor cut from glass.

Japan's devastating earthquake and tsunami will depress growth briefly before reconstruction kicks off and gives the beleaguered economy a boost, the World Bank said in a report on Monday.

Asian shares advanced on Monday as market players scooped up beaten-down stocks after heavy losses last week, while oil prices jumped more than $2 as Western forces struck targets in Libya.

Goldman Sachs partner Brooks Entwistle, who set up the Wall Street bank's India operations in 2006, will move to Singapore to be its Southeast Asia chairman and head of investment banking for that region, according to an internal memo obtained by Reuters.

Brent climbed 1.5 percent on Monday toward $116 after western forces launched a military campaign against Libya, stoking fears that violence will intensify in North Africa and the Middle East, source of more than a third of the world's oil.

TORONTO - First he ran from the star whackers. Now Randy Quaid has taken to a Vancouver concert stage to blast them in song with his backup band, The Fugitives.

American International Group expects others to bid for the mortgage-backed securities that it has offered to pay $15.7 billion to buy back from the U.S. government, the insurer's chief executive told the Wall Street Journal.

China will likely post another trade deficit in March as imports continue to surge, following a an unexpected deficit last month, Commerce Minister Chen Deming was quoted by the China Daily as saying on Sunday.

AT&T Inc plans to pay $39 billion for Deutsche Telekom AG's T-Mobile USA to create a new U.S. mobile market leader, but the pricey purchase is likely to attract intense antitrust scrutiny over potentially higher customer bills.

Billionaire investor Warren Buffett said on Monday that Japanese stocks were good investments after the deadly earthquake that hit the world's third-biggest economy last week.

Billionaire investor Warren Buffett said on Monday that he was looking at more acquisition targets after a $9 billion buy of U.S. specialty chemical maker Lubrizol by his Berkshire Hathaway last week.

Billionaire investor Warren Buffett said on Monday that he was looking at more acquisition targets after a $9 billion buy of specialty chemical maker Lubrizol by his Berkshire Hathaway last week.

Income for top investment banks fell by almost a quarter last year to $167 billion from a record performance in 2009, according to an industry report.

In the telecommunication industry's land grab for wireless airwaves, investors better brace for U.S. deals that are bewildering -- or worse.

Japanese have been focused on the rescue operations after the 9.0-magnitude quake and ensuing 10-meter high tsunami that struck Japan. Official tolls of dead and missing are rising steadily -- to 8,450 and 12,931 respectively on Monday.