IBT Staff Reporter

Walgreen Co., the largest U.S. drugstore chain, posted a 25 percent rise in quarterly profit on Monday, driven by strong sales of prescription medications and the addition of the Happy Harry's chain.

Criminals are increasingly trying to trick citizens into giving them their bank account details, according to a survey published on Monday which showed such phishing attempts almost doubled in the first six months.

The British Phonographic Industry has appealed to the Government to have the recording industry’s search for new music talent included in the Government’s research and development tax credit scheme.

Anthony Green, Chairman of PZ Cussons Plc, today made a statement at the shareholders AGM. In it he announced that operating profit before exceptional items had increased by 13% to £60.2m.

Honda Motor Co. said on Monday it has developed a new and simple diesel powertrain that is as clean as gasoline-fuelled cars, unveiling plans to mount it on a car for the U.S. market by 2009.

Lebanon will lose about $2 billion in tourism revenues this year due to a month-long war but the tourism minister is hoping a 15,000-strong U.N. peacekeeping force will help revitalise the industry.

Are Shanghai's days as the freewheeling, red-tape slashing golden boy of China's economic boom coming to an end?

The future of a European project aimed at matching U.S. and Israeli prowess in unmanned spyplanes that could eventually fire weapons was thrown into doubt after a test model crashed off the coast of Spain.

Nokia today announced the release of “a selection of enhancements to heighten your mobile and music experience,” a statement said today.

Nokia today began a weeklong display of its latest imaging achievements at Photokina 2006. The event is to highlight “the benefits that mobility brings to imaging” a statement said. The exhibition contains all the latest Nokia Nseries multimedia computers.

Close Brothers posted a record pre tax profit of 157 million pounds for the 2006 financial year, slightly above consensus estimates, boosted by strength in all its businesses, the UK bank said on Monday.

Aberdeen Asset Management's assets under management fell by 3.9 percent over the five months to the end of August, primarily as a result of a fall in the value of the U.S. dollar.

Property group Minerva has dropped plans to build what would have been the City of London financial district's tallest office block, saying on Monday the project was too big for a company of its size.

Lenovo Group Ltd.(0992.HK), the world's third-largest personal computer maker, said on Monday it is looking into a fire incident on a Lenovo laptop PC equipped with a Sony Corp. (6758.T) battery.

Standard Life Finance Director Alison Reed will step down next month, the insurer said, ending a week of speculation about her future that has prompted concerns over management changes at the former mutual.

Leading mobile phone manufacturers, Nokia and Motorola, would soon establish plants for the manufacturing and assembling of mobile phone handsets and other accessories in Nigeria.The plants were to be established under a special partnership arrangement between the Nigerian government and the foreign investors.

The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group (AfDB) on Wednesday in Tunis, approved a grant of about US$ 44.95 million, to finance the Kicukiro-Kirundo Road Project linking Rwanda to Burundi.

A United Kingdom oil company, Aminex PLC, has signed a production sharing agreement with Egypt for Onshore Block 2 in the West Esh El Mellahah area in upper Egypt.

Consumers are leaving themselves open to online fraud, with half a million people admitting they would fall victim to scams such as phishing, a report has revealed.

Credit Suisse has told its investment bankers to reduce staff parties, client entertainment and even colour photocopying in a bid to trim costs

The Uganda National Planning Authority is in final stages of tabling a 10-year national development plan for the government and the private sector.

Sir John Gieve, deputy governor of the Bank of England, said in a newspaper interview published on Monday he gave serious thought to another rise in interest rates at this month's Monetary Policy Committee Meeting.

The Federal Government may soon revoke Royal Dutch Shell Plc oil license in Ogoniland area of River State, although the timing has not been officially decided.Agency reports yesterday quoted an Assistant Director at the Department of Petroleum Resources (DPR), Mrs. Bamidele Ogedengbe as telling newsmen at an energy conference that: We are going to revoke Shell's license to operate in Ogoniland.

France's Areva is among several companies interested in vying for a nuclear recycling project in the United States, the world's largest maker of nuclear reactors said.

Renault and Nissan are making progress in talks with General Motors Corp. GM.N> about forming a three-way alliance but the outcome is still open, Carlos Ghosn said in a newspaper interview.

Lenovo Group Ltd., the world's third largest personal computer maker, said on Monday it is looking into a fire incident on a Lenovo laptop PC equipped with a Sony Corp. battery.

The world can promote development in Africa by supporting the private sector in Africa, as Spanish businesses agreed to do this week, and combating people-trafficking mafias, according to a non-governmental aid group.

Britain's biggest mortgage lender has called for the inheritance tax (IHT) threshold to be hiked to 430,000 pounds, after it found 10 percent of homeowners now fall into the net.

Pan-European exchange operator Euronext on Monday denied it planned to postpone an extraordinary general meeting set for December, at which its shareholders are due to vote on a $10 billion plan to merge with NYSE Group .