IBT Staff Reporter

Abdel Basset al-Megrahi, the man convicted of the 1988 Lockerbie bombing, was not given a hero's welcome home, according to the son of Libyan leader Muammar Gaddafi.

German Chancellor Angela Merkel dismissed criticism of her campaign on Monday after heavy losses in weekend state votes brought calls from some conservatives for a more aggressive approach before a September 27 election.

Palestinian leaders on Monday categorically ruled out holding any peace talks with Israel until a full and lasting freeze in Jewish settlement.

Japan's next prime minister began forming a government on Monday as investors worried the untested Democratic Party would overspend in a bid to revive the economy or would ruffle ties with Tokyo's closest ally, Washington.

Merck & Co Inc announced plans on Monday for a reorganization once its acquisition of Schering-Plough Corp closes later this year, including naming leaders for five main divisions.

A cluster of regional reports on Monday showed business activity picking up steam in August, suggesting the U.S. economy is breaking free of its deep recession.

Stocks fell on Monday after a sharp drop in Chinese equities called into question whether asset prices have raced ahead of an economic recovery.

Hon Hai, the world's largest electronics parts maker, posted a market-beating 26 percent jump in second-quarter earnings on Monday due to improving global demand and a smaller tax bill at some of its manufacturing bases.

A company that operates major tourism and conservation projects in Gabon's Loango National Park has suspended visits to the area.

Get away from the crowds with our pick of some underrated gems in Egypt's ancient valley Despite the recent closure of many tombs and temples on Egypt's West Bank, there are still dozens of sites to explore.

Authorities in Shanghai are to correct badly phrased English on the Chinese city's street signs.

Oil fell more than 4 percent to below $70 a barrel on Monday as a drop in China's key stock index dented optimism about the pace of economic recovery and the U.S. dollar strengthened.

Apple Inc's deal to sell the iPhone in China is seen as just the beginning of its dealmaking in the world's largest mobile phone market.

Sweden has put an exclamation mark on the world map, Turning Torso, a twisted residential tower in the city of Malmo. The full story bears a less pretentious title: Western Harbor - from industrial area to an oasis of modern living, education and commerce, with IT as a subtitle.

Walt Disney Co said on Monday it plans to buy Marvel Entertainment Inc for $4 billion in a deal that would add characters like Iron Man, Spider-Man and the Fantastic Four to its entertainment empire.

Ever since deciding that I would run off the excess fat that was hindering my teenage years,

U.S. credit card defaults declined in July after five straight months of record highs, suggesting the ability of cardholders to pay bills could be stabilizing, Fitch Ratings said on Monday.

Having just returned from travelling almost the entire length of Laos, (well, almost, I cheated and stopped at Luang Prabang) here are some top tips for staying sane on your travel adventures in South East Asia's sleepiest country.

Beijing frets that the global economic slump is exacerbating unemployment. So it is. But the main culprit for the lack of jobs is China's own development model.

Mobile tariff cuts introduced by European Union regulators will leave a multi-billion-euro hole in the telecoms sector's investment budget, Telefonica's chief operating officer said on Monday.

Solar cell maker China Sunergy Co Ltd said it signed a series of sales contracts to supply up to 10 megawatts of solar modules to NUE PTY Ltd, an Australian solar company.

Mondobiotech, which listed on the Swiss stock exchange last week, aims to raise 5-10 million Swiss francs ($4.7-9.4 million) every two months by issuing new shares, its chief executive said.

The future of wind farms and hybrid cars may well hinge on what happens to a 55-acre (22.3-hectare) hole in the ground at the edge of California's high desert.

Polish refiners PKN Orlen and Lotos said weak margins would continue to weigh on operating results which dropped 60 percent in their second quarters, although both beat low expectations on the net profit level.

Kenya's biggest cement producer, Bamburi, reported a 55 percent jump in first-half pretax profit to 4.5 billion shilling ($59 million), as the economy recovered from last year's violence.

NEW YORK - U.S. copper futures extended a pull-back from last week's 11-month highs Monday morning, as a sharp plunge in Chinese and U.S. equity markets curbed economic recovery hopes, and a firmer dollar combined to drag prices down to one-week lows.

Whirlpool Corp (WHR.N) said on Monday that it would take $51 million of charges in connection with the closing of its Evansville, Indiana, facility.

South Korean private equity firm Vogo Fund is buying the 30.7 percent stake of two banks in a domestic card processing company for $156 million and is in talks with other banks to raise its holdings to more than 50 percent within this year.

Chemical maker Huntsman Corp said on Monday that it would bid $415 million for some assets of bankrupt rival Tronox Inc to expand its pigments business.