IBT Staff Reporter

Chinese Internet portal Sohu.com Inc's shares fell 9 percent, as a 37 percent rise in quarterly net profit failed to impress investors amidst falling gross margins and higher operating expenses.

Stocks fell a sixth day on Monday as weaker-than-expected U.S. manufacturing data and uncertainty over the debt deal in Washington kept the mood skittish on Wall Street.

Retailers are poised to report higher sales for July, a discount-driven month that may do little to lift their margins.

Scientists discovered oxygen molecules in deep space in a region of the Orion nebula, some 1,500 light-years from Earth. The findings, published in the Astrophysical Journal, are the same molecules that make up one-fifth of the air breathed on Earth.

Samsung Electronics has agreed to halt sales of the newest version of its Galaxy tablet in Australia until a patent lawsuit brought by Apple Inc in the country is resolved, Bloomberg reported on Monday.

South Africa's rand fell against the dollar on Monday as a set of weak international manufacturing data reawakened worries about the global economy, prompting investors to go for traditional safe-haven trades.

Gomez is indeed growing up. Here are some pictures to prove it!

Apple's iPhone 5 has been widely expected to be released in September, but now rumors are spreading that the elusive iPhone 5 will not hit stores until October.

The most recent SlutWalk demonstration occurred in New Delhi, and more are scheduled around the world as women speak out against "rape-culture" to tell men around the world, "no means no."

South Africa's Purchasing Managers' Index (PMI) fell for the fourth straight month to a seasonally adjusted 44.2 in July from 53.9 in June, sponsor Kagiso Securities said on Monday.

The debt crisis in Europe, which holds around 35 percent of South African government debt, could hit local bonds if it worsens, pushing yields higher than expected, Treasury Director-General Lungisa Fuzile said on Monday.

A British teenager charged with hacking offences and believed to be a leading member of the Anonymous and LulzSec online activist groups was released on bail in a London court on Monday on condition he did not use the Internet.

Kenya's monetary policy committee decided to leave its key lending rate unchanged because non-food and fuel inflation were within its target band, its chairman, who is also the governor of the central bank, said on Monday.

Google's Chrome overtook Mozilla Firefox in July to become Britain's second-most popular Web browser after Microsoft's Internet Explorer, Web analytics firm StatCounter said on Monday.

A teen-ager believed to be a leading member of the Anonymous and LulzSec online activist groups appeared in a London court Monday charged with hacking offences including an attack on Britain's Serious Organised Crime Agency.

Stocks dropped 1 percent on Monday as weaker-than-expected U.S. manufacturing data and uncertainty over the debt deal in Washington left investors wary about the outlook for the economy and the market.

South African police may reopen a corruption probe into a multi-billion dollar arms deal involving several companies and high profile officials including President Jacob Zuma to see if charges can be instituted a decade after the transaction.

The Islamic religious month-long holiday incorporates Qur'an recitation, fasting, charity and prayer to celebrate this festival of giving and sharing.

Eastman Kodak adopted a poison pill on Monday to reduce a tax hit it would take from a sale of its valuable intellectual property portfolio that it has been shopping around in recent weeks.

Kate Middleton looked stunning at the wedding of Zara Phillips and Mike Tindall.

Researchers found a gene, PYHIN1, and its variations may account for a large proportion of asthma risk in people of African descent. The recent study, published in Nature Genetics, pooled together data from nine independent research groups, including nearly 6,500 patients, about half of which who had asthma.

Now that the "Harry Potter and the Deathly Hallows Part 2" craze is dying down (a little), Twentieth Century Fox studio is throwing their summer flick in the mix. "Rise of the Planet of the Apes" is remake of a prequel from the "Planet of the Apes" saga. This years production is starring James Franco, Freida Pinto, and our favorite villain-- Tom Felton. It didn't take long for the ex-Hogwarts students to come back out on the red carpet to promote a film that wasn't "Ha...

Apple's next generation iPhone may arrive later than expected, with a new report saying the handset will not go on sale until October.

SHELL GAMES: A Reuters InvestigationArticles in this series are exploring the extent and impact of corporate secrecy in the United States.

The next-generation iPhone is now said to debut in October, instead of the much-rumored September launch.

HSBC will shed 30,000 jobs as it retreats from countries where it is struggling to compete, Europe's biggest bank said on Monday after it reported a surprise rise in first-half profit.

Nestled in a sleepy southern district of Kunming city in southwest China, is a 10,000 square meter, four-story building that could make Swedish furniture giant Ikea uneasy.

Eastman Kodak adopted a poison pill on Monday to preserve its tax assets, as it looks to sell its valuable intellectual property portfolio and reduce the tax hit from any gain on that sale.

Averting a U.S. debt default solves only the immediate fiscal problem for the West and its big creditors in Asia.