Russia's President Vladimir Putin asked his government on Monday to draft a package of measures to rein in inflation which the government targets at 10-11 percent this year. "The government should think about a system

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Apple Computer Inc faced a lawsuit that alleged the company knew its nano portable music player was defective but still decided to press on with the product's release last month. The credit card-sized nano, which

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Mittal Group, the world's biggest steel producer, won a feverish auction to secure control of Ukraine's biggest steel mill on Monday, a sale hailed by President Viktor Yushchenko as the start of a new economic

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France's conservative government launched a multibillion-euro flotation of power giant EDF on Monday, a politically charged partial privatisation, which the opposition Socialists have vowed to reverse. The move will raise up to 7 billion euros

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Spanish airline Iberia said on Monday it aimed to boost profit by 600 million euros ($719 million) over the next three years, partly by cutting 9 percent of its staff. The gains will come from

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A deadlock in world trade talks fraught with disputes over agricultural subsidies could persist until the eve of a December meeting of trade ministers, the head of the Commonwealth group of nations said on Monday.

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Pentagon concerns have prompted US antitrust officials to withhold swift approval for a proposed combination of Boeing Co and Lockheed Martin Corp government rocket programs for the second time in two months, the Wall Street

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Australian Trade Minister Mark Vaile launched a broadside against France and the European Union Monday, saying their refusal to slash farm tariffs risked global trade talks and cheated millions of the world's poor. Vaile, who

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China has started up its largest nuclear power generator, the first to go into operation at a $3.2 billion facility in eastern Jiangsu province, an official at the plant said on Monday. The Russian-designed No

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A meeting in December of the World Trade Organisation (WTO) is on a knife-edge and Europe must move to end the stalemate by offering to cut farm import tariffs, the European Union's top trade official

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