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NEW DELHI (Reuters) - Officials at state-run oil firms will begin an indefinite strike on Wednesday demanding higher wages, a union leader said, a move that may hit operations of at least three of the companies' 17 refineries.

Washington, Jan 7 (DPA) The US urged Russia and Ukraine Tuesday to end their dispute over natural gas supplies that has caused a sharp decline in shipments throughout Europe.

Ukraine has stolen gas from European consumers and not from Russia, Russian Prime Minister Vladimir Putin was quoted as saying on Tuesday by Interfax news agency.

MOSCOW (Reuters) - Ukraine has stolen gas from European consumers and not from Russia, Russian Prime Minister Vladimir Putin was quoted as saying on Tuesday by Interfax news agency.

SAN FRANCISCO (Reuters) - Apple Inc said on Tuesday said it was dropping copy protection from songs sold on the Internet and debuted its slimmest 17-inch laptop yet, but with no dramatic products or master pitchman Steve Jobs, the company's final Macworld performance disappointed Wall Street.

LONDON (Reuters) - India's largest state-owned refiner, Indian Oil Corp (IOC), has issued a tender to buy light, sweet crude for March loading, traders said on Tuesday.

NEW YORK (Reuters) - Strength in the tech sector boosted U.S. stocks on Tuesday, overshadowing data showing slumping factory orders and dismal pending home sales.

MUMBAI (Reuters) - Tata Steel Ltd, the world's sixth-largest steel maker, on Tuesday reported steel sales of 1.07 million tonnes in the December quarter from its Indian operations, down 14 percent from a year ago.

Stuttgart (Germany), Jan 6 (DPA) Volkswagen (VW) shares rose sharply Tuesday, a day after sports carmaker Porsche announced it had acquired a majority stake in its German rival.

Berlin, Jan 6 (DPA) European inflation plunged to its lowest level in more than two years in December, data released Tuesday showed, adding to the pressure on the European Central Bank (ECB) to deliver further cuts in interest rates.

MUMBAI (Reuters) - UTI Asset Management, India's most profitable mutual fund firm, hopes to sell a stake of up to 26 percent by March as it seeks to access global markets and strengthen its domestic operations, a top executive said on Tuesday.

San Francisco, Jan 6 (IANS) Apple chief executive Steve Jobs, who did not turn up to deliver the keynote address at the Mac World Expo 2009 Tuesday for the first time in 11 years, said he stayed away from the event due to ailing health caused by a 'hormone imbalance', but added that he would continue in the top job.

BANGALORE/MUMBAI (Reuters) - Shares in Satyam Computer Services rose more than 7 percent on Tuesday following a newspaper report one of its smaller rivals had approached the embattled Indian outsourcer for an all-share merger.

London, Jan 6 (IANS) Waterford Wedgewood, the 250-year-old fine china and glassware firm, has gone into administration -- the latest British iconic brand to be hit by the economic slowdown.

MUMBAI (Reuters) - India could cut interest rates by another 150 basis points by mid-2009 as authorities fight to prop up sagging growth, but the Reserve Bank is unlikely to seek zero rates like the United States and Japan even as deflation rears its head.

Moscow, Jan 6 (RIA Novosti) Russian gas supplies through Ukraine to Turkey have stopped, the Turkish minister of energy and natural resources said Tuesday.

MUMBAI (Reuters) - A nationwide strike by tens of thousands of truckers entered its second day on Tuesday, pushing up prices of some commodities and threatening to choke supplies of fruits and vegetables.

London, Jan.6 (ANI): UK fashion retailer Marks and Spencer will announce the sacking of 1,000 employees tomorrow after experiencing dire Christmas trading.

London, Jan 6 (IANS) The traditional light bulb is finally being switched off for the last time in Britain. A voluntary withdrawal scheme of the government is now in motion and use of the bulb will be banned from 2012.

Beijing, Jan 6 (Xinhua) Unemployment driven by the global financial crisis could cause social unrest in China, though the economy looks set to reach its annual growth target of eight percent, a study said.