The Royal Mail is limiting the number of stamps retailers can buy to make sure it benefits fully from the price rise due at the end of the month.

Air Canada cancels dozens of flights, blaming "illegal activity" by pilots calling in sick, in an apparent protest over a bitter labour row.

Trade between India and Pakistan is expected to rise substantially with the opening of a new checkpost at the Wagah border crossing, amid a series of peace moves.

India takes the US to the World Trade Organization over import duties levied by Washington on Indian steel products.

Shares of Infosys, India's second-largest software company, fall after it issues a weak outlook for the current financial year.

Local authority pension schemes are still a "ticking time bomb", the Taxpayers' Alliance warns, despite their financial health improving over the past year.

UK producer prices rose 0.6% in March from February, due in part to increases in the cost of petrol products, tobacco and alcohol, figures show.

Europe's Internal Markets Commissioner, Michel Barnier, says "tougher action" is needed to stop excessive bank bonuses.