Spain's energy giant Repsol YPF on Monday said it had found a new oil well with estimated production capacity of 4,650 bpd in the Sahara Desert some 800 miles south of the Libyan capital Tripoli.

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Higher airfares and robust demand for travel have helped European airlines weather soaring fuel prices this summer, but they are unsure of sustaining this trend over the quieter winter months. Ryanair, British Airways and Air

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Independence Air and parent company FLYi Inc on Monday became the latest US airline to file for bankruptcy and the discount carrier said it would seek to sell itself off in a court auction. The

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TiVo Inc and Yahoo Inc on Monday launched a service that allows TiVo users to program their digital video recorders remotely using Yahoo's television information Web sites. While terms of the deal were not disclosed,

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Microsoft Corp, the world's largest software maker, launched on Sunday its corporate database software programme aimed at taking market share from Oracle Corp. Microsoft's SQL Server 2005, delayed several times as engineers sought to make

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The World Bank on Monday estimated a human influenza pandemic could cost up to $800 billion a year, or two percent of global GDP, as health experts warned bird flu was spreading fast. Some 400

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India's economy could benefit greatly from permitting US and other foreign firms to take a greater ownership role in its financial sector, US Treasury Secretary John Snow said on Monday. Speaking to reporters at the

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British manufacturing output unexpectedly fell for the second month running in September, casting doubt on the pace of the sector's recovery from recession. The Office for National Statistics said on Monday that manufacturing output fell

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Italy's Fiat and Ford Motor Co have signed an agreement to develop a new platform for small cars in Europe, the two automakers said on Monday. "The two vehicles planned for development, the new Fiat

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European Union trade chief Peter Mandelson said on Monday the bloc's offer on farm tariffs had put it in a strong position ahead of talks on a global trade deal that could lift millions out

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