IBT Staff Reporter

South African stocks surged more than 2 percent on Monday, buoyed by a last-minute short covering on mixed news out of Europe, while gold miners such as Harmony Gold were lifted by stronger bullion.

Nigeria's national security adviser on Monday dismissed a warning from the United States of an Islamist bomb threat to luxury hotels in the capital as not news, and said it was spreading unnecessary panic.

Fighters who toppled dictator Muammar Gaddafi in Libya's uprising will keep their weapons for now to aid in security, an Islamist commander said.

Liberia could tip into chaos not seen since its civil war if a presidential run-off election set for Tuesday is not delayed and reorganized, presidential hopeful Winston Tubman said on Sunday.

Clashes and sporadic gunfire rocked part of Monrovia on Monday, killing at least one person after Liberian riot police fired tear gas to disperse several hundred supporters of presidential challenger Winston Tubman.

Sporadic gunfire rocked the centre of Monrovia on Monday after Liberian riot police fired tear gas to disperse several hundred supporters of presidential challenger Winston Tubman, and at least one person was killed, a Reuters witness said.

One of the women who alleges that Herman Cain sexually harassed her in the 1990s will hold a press conference Monday afternoon with powerhouse lawyer Gloria Allred to describe the incidents in detail.

Boeing Co and All Nippon Airways <9202.T> are investigating a landing gear problem on the 787 Dreamliner, the first technical glitch reported since the new jetliner entered service less than two weeks ago, the airline said on Monday.

It’s a historic week in aviation in the United States as both Unites Airlines and Alaska Airlines make maiden commercial voyages powered by biofuels.

Asia's central bankers have two main choices for coping with Europe's debt crisis: Wait it out and hope for a safe resolution, or take out an insurance policy in the form of an interest rate cut.

Dish Network Corp lost more subscribers than expected because of promotions from rivals such as DirecTV, but the satellite television provider paid its shareholders a surprise dividend on Monday.

The online coupon company Groupon raised $700 million after increasing the size of its offering, which priced at $20 per share, above an initial range. The company was valued at about $13 billion when the IPO priced -- about half of earlier estimates.

Dish Network posted strong earnings Monday, but a loss of subscribers could foreshadow problems in the future.

Euro zone governments rushed to placate feverish bond markets on Monday as the 17-nation currency bloc's debt crisis threatened to accelerate out of control.

Barnes & Noble Inc introduced its first ever tablet to compete with Amazon.com Inc and Apple Inc for holiday sales.

Stocks fell in choppy trade on Monday as political uncertainty in Italy fueled investor concern the euro zone debt crisis could engulf the bloc's third biggest economy.

Russell Pearce, the Senate President of Arizona and author of controversial anti-illegal immigration bill SB 1070, is facing a recall election Tuesday.

Satellite television provider Dish Network Corp's third-quarter profit missed estimates on deeper-than-anticipated subscriber losses as customers canceled their service or switched to rivals.

It may not be a blood bath, but it will definitely be a dogfight.

A coalition of Nebraska residents wants TransCanada to change the route of its planned pipeline, which will carry oil from Alberta to refineries in Texas, so that it does not cross the Ogallala aquifer.

Administrators to failed brokerage MF Global's UK unit said on Monday they were reconciling cash positions of the firm before paying out money to anyone with a claim on the firm.

Cracker Barrel Old Country Store Inc raised its full-year profit forecast encouraged by higher sequential customer traffic at its restaurants during the first quarter.

Trading on the London Metal Exchange was slow on Monday partly because positions of the British unit of MF Global had not been transferred to new brokers a week after the U.S. firm filed for bankruptcy protection, traders said.

The phone will ship with the current Android 2.3 (Gingerbread) but will receive Android's newest OS, Ice Cream Sandwich, when it is released to the wild early next year.

Arsenal's shopping list for January could be dealt a blow by Spurs, who are also looking to sign Eden Hazard and Jan Vertonghen.

Stocks were poised for a lower open on Monday as political turmoil in Italy sparked worry the euro zone debt crisis could overwhelm the region's third largest economy.

Greek political leaders were set to choose who will lead a new coalition on Monday and push through a bailout before the country runs out of money in mid-December, with local media tipping former ECB deputy head Lucas Papademos for the job.

Barnes & Noble Inc will introduce on Monday what analysts and the blogosphere predict will be improved, and in some cases, cheaper versions of its Nook devices to compete for holiday tablet sales.

The moves are the latest sign Best Buy is scaling back its overseas ambitions to focus on its main U.S. business, which faces stiff competition from discounters and online retailers. Earlier this year, the U.S. group dropped plans for Best Buy-branded stores in China and Turkey.