Africa/International

Zimbabwe's annual inflation fell to 4.1 percent year-on-year in July from 5.3 percent in June, driven down by a drop in the cost of food and non-alcoholic beverages, official data showed on Monday. Zimbabwe, whose inflation peaked at 500…

A key measure of U.S. business borrowing continued to improve in July, a lender group told Reuters on Monday, as companies increased their investment in equipment and software and did a better job of staying current on their existing debts.…

U.S. stocks and oil prices gave back early gains and fell on Monday as a slew of corporate takeover activity, usually a sign of investor optimism, was outweighed by concerns about the global economy. The dollar strengthened against major…

Canada's Potash Corp, the world's largest fertiliser maker, on Monday formally rejected a hostile bid from mining giant BHP Billiton worth 40 billion dollars, said it was exploring other offers. Potash said in a statement that the bid made…

Russia's agriculture industry faces losses of over one billion dollars after a record drought destroyed over a quarter of its crops, an official said Monday. "The losses amount to about 32.7 billion rubles (1.07 billion dollars)," Deputy…

A judge says that a preliminary hearing for the doctor charged in Michael Jackson's death will begin on January 4. Los Angeles Superior Court Judge Michael Pastor scheduled the hearing for Dr Conrad Murray during a brief court session on…

Hewlett-Packard Co sparked a bidding war for 3PAR Inc on Monday with a $1.6 billion offer, topping rival Dell Inc's deal to buy the niche data storage company. The move to acquire nine-year-old 3PAR for about one-third more than Dell's…

Tiger Woods  and his Swedish-born wife officially divorced Monday, nine months after his middle-of-the night car crash outside their home set off shocking revelations that the world's most famous athlete had been cheating on her through…

The federal job safety agency fined SeaWorld Orlando $75,000 on Monday for three violations uncovered while investigating the February death of a trainer who was grabbed by a killer whale and dragged underwater. The Occupational Safety and…

The Nigerian Police at the weekend busted one Godwin Akpobire, alias ‘Gary Bire’, who allegedly duped a number of churches in Ghana and the UK of various sum of money. Gary whose modus operandi is to promise vulnerable missions of his…