IBT Staff Reporter

Fans of the bestselling book "World War Z" didn't respond favorably to Paramount's synopsis of the film version.

The Kenyan shilling was stable against the dollar on Monday and was seen firming due to a squeeze on shilling liquidity in the money markets, while stocks edged lower for a second session.

More than 200,000 South African municipal workers walked off the job on Monday, a trade union said, in a strike which intensifies labour strife that has rocked Africa's biggest economy.

A camp in Virginia has no traditional activities such as fishing or swimming but it provides young women with statistics scarier than any campfire story - a possible HIV/AIDS diagnosis.

"I can't believe it has already been a year, time really flies when you're having fun!" Hilary Duff announced on her website. "We also want to share the exciting news that...BABY MAKES THREE!"

Disney's reboot of the western adventure "The Lone Ranger" has been dropped by the studio. The film, which was to star Armie Hammer (The Social Network) as the Lone Ranger and Johnny Depp (Pirates of the Caribbean) as his Native American sidekick Tonto, seemed to be too big-budget for the studio's liking.

Actress Zsa Zsa Gabor and Prince Frederic Prinz von Anhalt celebrated the 25th anniversary of their marriage with a party that stirred a bit of controversy.

Stocks were set to open higher on Monday, feeding on acquisition news and brushing off weak manufacturing data after last week's wild swings took the S&P 500 near a one-year low.

More homeowners prefer to pay off their mortgages sooner as interest rates have stayed near rock-bottom and weak labor conditions have caused them to reduce their debt loads, a survey showed on Monday.

Kenya's central bank raised on Monday its discount window rate to 11.34 percent from 6.25 percent previously, a posting on its website showed, after it revised its overnight lending rules last week.

Nokia Oyj shares jumped over 10 percent on Monday as Google Inc's offer for Motorola Mobility Holdings rekindled speculation of a bid for the Finnish mobile phone company.

Billionaire Warren Buffett urged U.S. lawmakers to raise taxes on the country's super-rich to help cut the budget deficit, saying such a move will not hurt investments.

S&P published a report today that shows how its ratings downgrade of America?s debt is affecting bond spreads, issuance volume, and the corporate default rate.

Tanzania's inflation rose for the ninth successive month in July on the back of higher food and energy costs and analysts said it was set to keep rising due to a poor supply outlook for staple foods and the cost of importing oil.

Internet search giant Google Inc said it will buy Motorola Mobility Holdings Inc for about $12.5 billion in cash.

For 12 hours, Libyan rebel Ahmed Oraybee had been moving from one building to the next in the town of Zawiyah, trying to hunt down the pro-government snipers stalking its neighbourhoods.

Stocks gained for a third day on Monday after last week's wild swings on U.S. deal news and speculation European leaders may get control of the euro zone's debt problems.

One analyst says Amazon would do well by offering a low price tablet competitor to the iPad.

With his approval rating at an all time low, U.S. President Barack Obama launched a Midwest bus tour to improve country moral and reconnect with voters.

World No.1 oil drilling contractor Transocean is paying double the market price for Aker Drilling to refresh its aging fleet of Norwegian drilling rigs and boost flagging orders.

Bank of America Corp plans to sell its credit card business in Canada to TD Bank Group, part of a plan by the largest U.S. bank to shed assets and rebuild its capital base.

Pfizer Inc said on Monday it won a patent infringement case against the U.S. unit of Teva Pharmaceutical Industries Ltd, preventing Teva from launching a generic version of Pfizer's erectile dysfunction drug Viagra until October 2019.

Leading German business groups called on Monday for joint euro zone bond issuance, despite their government's opposition, and the European Central Bank showed its intent to defend Italy and Spain.

Poland became the third most active retail investment market in Europe in the first half of 2011, with $1.73 billion transacted.

About 45,000 Verizon workers, represented by the CWA and the International Brotherhood of Electrical Workers, have been on strike since last Sunday after talks for a new labor contract failed.

A gauge of manufacturing in New York State showed the sector contracted for the third month in a row in August as new orders fell to their lowest level since November 2010, the New York Federal Reserve said in a report on Monday.

The discovery of over a dozen fake Apple stores in a single city of China may suggest the total volume of unauthorized stores across the country most notorious for counterfeited products.

A gauge of manufacturing in New York State showed the sector unexpectedly contracted for the third month in a row in August as new orders fell to their lowest level since November 2010, the New York Federal Reserve said in a report on Monday.

Stocks rose more than 1 percent on Monday, feeding on acquisition news and hopes European politicians will come up with solutions to the region's debt crisis.