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Gazprom says Ukraine's debt has built up since November 2007
Russian gas monopoly Gazprom has warned Ukraine it will reduce its gas supplies from next Monday if a $1.5bn (

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Airbus has had long-running battles with US competitor Boeing.
 
Some of the biggest names in European industry have begun a public-private partnership with the EU to produce greener aircraft. Airbus, Dassault, Saab and Rolls Royce are all taking part in the 1.6bn euro (

If the world is to end the threat from climate change, we need to produce more with less energy, says Mark Moody Stuart. In this week's Green Room, he outlines his vision that will help society fulfil this goal. Consumer opinion and choice is important, but it will not do the trick on its own
 
To address the climate challenge we need to reduce the carbon content of our energy by at least half. But at the same time we must learn to generate a unit of GDP for about half the energy which we use at present.

Energy efficiency and carbon content of energy are equally important, but they require different approaches to achieve them. I am a great believer in both the power of consumer choice and the market. As we come to understand the consequences, we do tend to make greener choices.

The first Dreamliners will not be delivered until early 2009

Boeing has reported rising profit for 2007 after higher commercial aircraft sales made up for falling business at its military divisions. Net income for the last three months of the year rose 4% to $1.03bn (

Invensys Rail Group (IRG) has strengthened its Indian operations with two major managerial appointments.They are new Managing Director Raviprakash Karcherla and new Head of Business Development Alok K Sinha.

With twenty five years of experience in the Indian rail industry, Karcherla has led IRG

Performance monitoring

The Beamex

A 38-year-old man died after he became trapped in a machine at an engineering firm in Greater Manchester.

The man was trying to fix machinery at Fairey Engineering in Heaton Chapel on Saturday afternoon.

Firefighters and ambulance crews were called out when the man became trapped at the plant on Crossley Road.

But he had suffered severe head injuries and was pronounced dead. A Health and Safety Executive investigation is under way.

Greater Manchester Police said there are not believed to be any suspicious circumstances.

The gold market has been thriving in recent years.  An Australian company has announced plans to begin mining for gold near the Trossachs. Scotgold said it intended to fast-track plans to become the country's most significant gold producer after listing on the Australian Securities Exchange.

The company, which bought Cononish mine in Tyndrum in May last year, has raised millions of Australian dollars to begin operations.

Scotgold bought the mine, 90 km north of Glasgow, and other exploration licences from Fynegold Exploration. Their exploration rights cover 2,200 sq km of Central Scotland, making the firm eager to start operations on a number of gold prospects, including ready-to-drill targets along the Tyndrum Fault Zone in Glen Fyne.