IBT Staff Reporter

Arsenal will renew their Champions League rivalry with Barcelona while Real Madrid faces Lyon, Manchester United face Marseille, Chelsea fight Copenhagen, and Bayern play Inter.

The Class of 2010 at London Business School's (LBS) Masters in Management program turn up impressive placement statistics

The U.S. economy is gathering steam as the year draws to a close, according to a private industry group's index of economic indicators published on Friday.

Bank of Montreal will buy Wisconsin's Marshall & Ilsley Corp bank for about $4.1 billion in an all-stock deal, the biggest in a series of Canadian financial sector deals to snap up weakened rivals.

The S&P 500 and Dow were slightly lower on Friday amid renewed concerns over euro zone debt, but strong results in the tech sector helped keep the Nasdaq in positive territory.

Employment conditions in more than half of U.S. states improved in November from a year earlier, the government reported on Friday, with unemployment rates dropping in 28 states and the District of Columbia.

Shares of Take Two Interactive Software Inc surged 8.8 percent on Friday after posting stronger-than-expected earnings that pleased investors.

A recent report from Nielsen says gaming consoles are taking over the living room as people use them for a wide range of tasks.

Big-name technology firms will compete to acquire niche software groups in 2011 as part of a growth plan they hope will cater to recession-hit clients clamoring for a wider range of services.

The U.S. Nuclear Regulatory Commission has approved a proposed rule that says advanced boiling water reactors must be built to withstand aircraft impacts similar to the one that brought down the World Trade Center.

Congress passed a compromise deal late Thursday to keep alive Bush era tax cuts for all Americans and continue to provide unemployment benefits for millions of workers, with President Barack Obama set to sign the bill into law.

S&P 500 index futures dipped on Friday on renewed concerns about the euro zone debt crisis after Ireland's credit rating was slashed.

Research In Motion's growing reliance on sales outside the United States left many analysts wondering about the BlackBerry maker's competitive edge, even as the company reported decent quarterly results.

A real-time translating app that magically turns billboard signs and menus, otherwise incomprehensible in a foreign land, into text that you can understand is now available for iPhones.

The S&P 500 and Dow were slightly lower on Friday on renewed concerns over euro zone debt, but the Nasdaq stayed in positive territory on some positive corporate results in the tech space.

U.S. authorities have been conducting a probe to find whether current and former employees of Hewlett-Packard Co paid kickbacks in certain transactions spanning several European countries, HP said in a filing.

Employment conditions in more than half of U.S. states improved in November from a year earlier, the government reported on Friday, with unemployment rates dropping in 28 states and the District of Columbia.

Which Redmond, Washington-based technology company, its name staring with Micro, is looking to make waves in the world of smartphones?

The world's first 'quantum machine', a device that jiggled in ways explicable only by the weird rules of quantum mechanics, has been recognized as the 2010 breakthrough of the year, Science journal said. Constructing a synthetic genome, sequencing of the Neanderthal genome and unequivocal success of two HIV prevention trials were among the other nine groundbreaking achievements of the year, the magazine said.

North Korea on Friday warned of 'deadlier attacks' if the South decides to go ahead with live-fire drills on Yeonpyeong Island in the Yellow Sea. Officials of the communist state maintained that the attacks this time would be more lethal than that of last month's artillery shelling that killed two South Korean soldiers and two civilians.

The three companies are starting a joint venture, Isis, in order to build a national commerce network that will utilize mobile phones to make point-of-sale purchases.

An international team of scientists studying remnants of an asteroid that crashed into the Nubian Desert found it had some of the same chemicals that are the building blocks of life on earth.

The bad loans ratio for Spanish banks rose to its highest level in almost 15 years in October, the Bank of Spain said on Friday, as a stagnant economy and high unemployment weighed on debt repayments.

Business sentiment in Germany continued to improve for the third straight month in December, helped by better conditions in retailing and wholesaling, according to the Ifo Business Survey.

Johnson at Cornell University has launched an exclusive Emerging Markets Institute (EMI) which will facilitate emerging markets research and education by bringing together preeminent practitioners and academics under its umbrella.

Global automobile sales are expected to top 80 million units in 2012 and 118 million units in 2020, according to industry tracking firm JD Power & Associates.

World reacts against TIME magazine’s choice to snub Wikileak's founder Julian Assange and honor Facebook's Mark Zuckerberg as the 2010 Person of the Year title.

The S&P 500 and Dow were slightly lower on Friday, weighed by renewed concerns over euro zone debt after Ireland's credit rating was slashed.

Unlikely cronies Apple, EMC and Oracle are part of the Microsoft-led consortium CPTN Holdings, which acquired 882 Novell patents as part of Attachmate's $2.2 billion acquisition of Novell.