IBT Staff Reporter

Shares edged up on Monday, led by banking and pharmaceuticals stocks.

Britain based building and plumbing supplier Wolseley posted underlying year profits at the top end of forecasts on Monday

Oil prices fell to a six month low under $60 (31 pounds) a barrel on Monday as BP's move to restore output at Prudhoe Bay earlier than expected added to a sense of healthy, secure supplies

Simba Telecom has joined the Private Sector Foundation Uganda as a member in its core role of crusading for policy advocacy and market competitiveness.

Around four fifths of manufacturers have seen their fuel bills rocket at least 30 percent in the last year

Wall Street may be on the defensive this week if reports on housing and growth suggest the United States economy is headed......

Hunan offers Hong Kong entrepreneurs and investors a favourable investment environment because of its rich labour resources, low production costs......

Singapore Airlines, the world's second-biggest airline by market value, said on Monday it was seeking......

Zimbabwe's Belgravia Motors company has clinched an agency deal with a Chinese firm, Gaobeidian Xinkai Automobile Making Company Ltd, to distribute new vehicles in Zimbabwe, a development that is expected to improve the supply of vehicles in this country.

Japanese electronics maker Sony (6758.T) said on Saturday it is investigating a fire incident on a Lenovo (0992.HK) laptop PC

Ethiopian Airlines won the African Airline of the Year 2006 Award. US deputy assistant secretary for aviation and international affairs in the department of transport,

Zimbabwe's telecommunications giant Econet Wireless Holdings has been released a loan of US $7 million to increase its subscriber base and is awaiting the delivery of its new base stations next month.

The mortgage war between HK's banks are becoming more and more furious with some measures taken by three main lender - Hang Seng, Standard Chartered and BEA......

Russia's diamond company, Alrosa, was reportedly negotiating to develop diamond deposits in Guinea and the Democratic Republic of the Congo.

Zambian President Levy Mwanawasa has ordered the arrest and prosecution of investors in the country's copper mines who are breaking labour laws, officials and state-owned media said on Sunday. The decision is widely seen as a move to placate angry miners in the country's Copperbelt region ahead of September 28 presidential elections.

Canadian institutional investor Erik Sardain is looking for an exciting investment opportunity in Australia over the next few months, and at the moment it doesn't look like the $8 billion Telstra share offer quite fits the bill.

Treasurer Peter Costello expects China's economic boom to continue for some time.

Gold explorer Proto Resources and Investments Ltd has launched a $3.5 million initial public offer (IPO).

Australians spend twice as much time working out their footy tips each week than they do planning their superannuation, a survey has found.

The Takeovers Panel has ordered the sale of Alinta's 10.25 per cent stake in the Australian Pipeline Trust (APT).

Sales of US existing homes in the last month likely fell to the lowest level in more than two years, according to a Reuters poll and National Association of Realtors data.

India has strongly urged Australia to change its nuclear policy and supply uranium to power its booming economy.

Telstra is set to oppose Prime Minister John Howard's plan to install former communications executive Geoff Cousins on the board of the telco.

Sony Corp. said Friday it will slash the price of its much-anticipated PlayStation 3 video game console in Japan by 20 percent, a decision deemed ridiculous by a Japanese financial expert.

Charter Communications introduced high-speed broadband service for customers this week, offering an upgraded security suite and some of the fastest down-stream rates in the country.

The worldwide PC market continued to expand at a healthy pace in the second quarter of 2006, although growth was slower than in recent quarters, according to recent data.

Apple heralded its official entry into the PC/TV convergence space with the announcement of the company's future iTV product in San Francisco last week, however it may face stiff competition from software giant, Microsoft Corp.

Speaking out for the first time publicly about the growing HP leak probe scandal, the company's CEO, Mark Hurd said on Friday that he knew a fake e-mail was sent to a journalist in an effort to root out the source of leaks at the firm.

Following the announcement of Adobe's next generation Acrobat software last Friday, the San Jose Calif.-based company showcased upcoming features and developments at several industry events, giving consumers and investors a look at its anticipated software.