IBT Staff Reporter

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US stocks set to open up, snap 4-day losing streak

U.S. stock index futures pointed to a higher start on Monday to snap a four-day losing streak. The futures for the Dow Jones industrial average DJc1, the S&P 500 SPc1 and the Nasdaq Composite NDc1 were up 0.5-0.6 percent at 0822 GMT.

Ballmer sees Web search buys unlikely

Microsoft's Chief Executive Steve Ballmer does not expect to make acquisitions to help the company challenge Google's dominance in the Internet search market, he told Reuters on Monday.

U.S. pronouncements later hurt bailout: IG report

Senior U.S. officials deliberately created the impression last year that banks receiving huge government cash infusions were healthier than was the case, a Treasury Department watchdog's report released on Monday said.

U.S. pronouncements later hurt bailout

Senior U.S. officials deliberately created the impression last year that banks receiving huge government cash infusions were healthier than was the case, a Treasury Department watchdog's report released on Monday said.

Recovery concerns weigh on stocks, dollar

Asian stocks fell to a three-week low on Monday as soft U.S. jobs data heightened investor caution ahead of the third-quarter corporate results season, while speculation of an early interest rate hike boosted the Australian dollar.

Aviva sees Delta Lloyd IPO in November

Aviva, Britain's second-biggest insurer, said on Monday it expects to complete the planned stock market flotation of its Dutch unit, Delta Lloyd, in November.

Alfa, Telenor make peace; plan Russia-Ukraine merger

Norway's Telenor and its key partner in Russia, the Alfa Group, will pool their Russian and Ukrainian holdings into a New-York listed mobile operator, ending one of the longest corporate wars Russia has ever seen.

S.Korea's Hana may raise up to $1.7 bln in share offer

South Korea's No.4 banking group Hana Financial, whose two biggest shareholders are Singapore wealth fund Temasek and Goldman Sachs, said it may raise capital via a new share sale, fuelling talk of financial sector consolidation and knocking Hana's shares down almost 15 percent.

Kudelski launches tender offer for OpenTV

Swiss digital TV technology company The Kudelski Group is trying to take full ownership of OpenTV Corp for the second time, with a higher offer valuing the interactive TV software maker at $215 million.

China's Baosteel seeks stake in Anglo mine: report

Chinese steel and iron ore group Baosteel has proposed to pay 1 billion pounds ($1.6 billion) for a 30 percent stake in Anglo American's huge Minas Rio iron ore mine in Brazil, according to a report on Sunday.

Health Tip: Help Prevent Childhood Migraines

Adults aren't the only ones affected by the often disabling pain of a migraine. Many children and teens also are prone to the intense pounding, occasional nausea and aura that warns some migraine sufferers.

Watch for depression during and after menopause

The risk for major depression more than doubles while women are going through menopause and afterward, according to research presented this week at the annual meeting of the North American Menopause Society in San Diego.

Lehman administrator looks to dole out assets: report

The administrator for Lehman Brothers Holdings Inc plans to seek permission to remove the claims against the bank from British courts and give out assets directly to creditors, the Wall Street Journal said, citing a joint administrator for the collapsed investment bank.

T-Mobile USA kicks off corporate Wi-Fi push

Deutsche Telekom's T-Mobile USA plans on Monday to start offering a wireless service for office workers, hoping to increase its presence in the corporate market as it chases larger rivals like AT&T and Verizon.

GLOBAL MARKETS-Recovery concerns weigh on stocks, dollar

Asian stocks fell to a three-week low on Monday as soft U.S. jobs data heightened investor caution ahead of the third-quarter corporate results season, while speculation of an early interest rate hike boosted the Australian dollar.

U.S. Prudential mulls sale of South Korean units

Prudential Financial Inc may sell its investment and fund management businesses in South Korea, a deal which could fetch about $850 million and could trigger a wave of consolidation in the country's brokerage and asset management sectors, where more than 100 companies compete.

CORRECTED: U.S. Prudential mulls sale of South Korean units

Prudential Financial Inc may sell its investment and fund management businesses in South Korea, a deal which could fetch about $850 million and could trigger a wave of consolidation in the country's brokerage and asset management sectors, where more than 100 companies compete.

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