Bush 'commits' to WTO trade deal US President George W Bush says he is committed to finding a deal over trade and ending deadlock with the EU.
Bank voted 7-1 for no rate change The Bank of England's interest rate-setting body voted 7-1 in favour of keeping rates at 4.5% in June, minutes show.
Turkmen in gas warning to Russia Turkmenistan threatens to cut all gas supplies to Russia unless Russian gas giant Gazprom raises its price.
Iran war 'could triple oil price' Oil prices could triple if the row over Iran's nuclear programme escalates into conflict, warns the Saudi government.
Japan agrees to lift US beef ban Tokyo agrees to lift its ban on US beef imports, pending successful inspections of US meat processing plants.
UK budget deficit hits new record The UK posts a record budget deficit in May, driven by higher government spending and lower corporate receipts.
