IBT Staff Reporter

BP Plc announced today that its Thunder Horse field in the Gulf of Mexico will probably not begin production until mid 2008.

Norwich Union has announced that it will be adding 29 funds to the Portfolio investment bond.

Researchers at Intel Corp. and the University of California, Santa Barbara, have announced a breakthrough in computer-chip communications, potentially paving way for ultra-fast computers in the future.

The Rover brand name is to be bought up by Ford Motor Co., from BMW, it was announced today.

Adobe Systems Inc. is preparing the latest versions of its Creative Suite software package, and flagship Acrobat file-sharing product, marking the company's first major product release since its Macromedia acquisition.

British Gas today launched a campaign to reduce energy waste in UK households by one billion pounds

BP Plc is carrying out a global review of its safety regulations following a refinery explosion last year.

Yahoo Inc. plans a new integrated marketing campaign in U.S. and overseas markets that includes television, radio, cinema and online advertising, the Internet media company said on Monday.

South African refiner SAPREF has delayed the full start-up of its 180,000 barrels per day plant in Durban until the beginning of October, extending its shutdown to more than three months, a company spokeswoman said on Monday.

Sudan is expected to agree to an extended African Union peacekeeping mandate in Darfur when African foreign ministers meet in New York on Monday, a presidential adviser said.

Euro zone government bonds tumbled and the euro edged higher on Monday after hawkish comments from European Central Bank officials, while European stocks tracked Asian markets higher.

Last week was the 30th birthday of the Vanguard First Index Investment Trust, now known as the Vanguard 500 Index Fund.

The world's asset managers and pension funds do not see eye to eye on the type of investment products that are most needed to deal with the rising cost of a greying population

The Nikkei average sagged 0.47 percent on Friday as a government downgrade of its view on private consumption and exports spurred selling, but Advantest Corp. and other chip stocks rose, curbing market losses.

Petrofac Ltd. reported a higher than expected 67 percent rise in first half profit on Monday

U.S. shares are expected to rise again on Monday, underpinned by hopes that the Federal Reserve will keep interest rates unchanged at its policy-setting meeting on Wednesday, and as oil prices stayed below $64 a barrel.

Namibia's annual inflation rate quickened to 5.4 percent in August from 5.1 percent in July, largely driven by rising food and transport costs, official data showed on Monday.

U.S. Treasury Secretary Henry Paulson said on Monday a strong U.S. dollar was in the interest of the United States and he was not seeking any quick fixes on China's currency situation.

Cognos Inc. is preparing to unplug its business analysis software from the desktop PC and make it mobile, with plans for its first launch on BlackBerry devices in early 2007.

UK stocks edged up on Monday, led by mining stocks based on higher commodity prices.

Music videos from artists like Madonna, Red Hot Chili Peppers and Sean Paul will be legally available for the first time on YouTube

Gas prices fell on Monday ahead of an expected inflow of extra gas from Norway later this week via the new Langeled pipeline.

Growing coffee for 20 years has not lifted 60-year-old Maina Kimondo from poverty.So fine talk of a new marketing system that could boost earnings fails to raise a spark in his eye.

The World Bank's private sector arm said on Monday it hiked investments in the Middle East and Africa by 80 percent in the year that ended in June due to higher demand in those regions and it aims to do more in 2007. We are refocusing on these countries, International Finance

Investors who have seen energy prices rocket due to scarce supplies are starting to wager that forecasted shortages will cause the value of water to skyrocket

British bank Alliance & Leicester Plc said on Monday it had sold customer leases worth 391 million pounds and the deal would boost its second half pretax profit by 30 million pounds.

Broking group Collins Stewart Tullett reported on Monday a surge in first half profits and said the planned demerger of its stockbroking business would completed by the end of the year.

They are jumping ship or receiving the pink slip. America's real estate agents and mortgage lenders, that is.

Computer hardware group Radstone said on Monday that it was recommending a 130.4 million pound bid from U.S. based GE Fanuc