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Regulator of the energy markets in the US has imposed a fine of $487.9 million on Barclays Plc and four former traders for manipulating the energy markets.

Heathrow Airport of London is set to release more details relating to the proposed third runway at the site for expansion.

Mumbai, July 17 - India's fastest runner, the legendary Milkha Singh, is running very fast again, this time at the box office. The bio-pic on his life "Bhaag Milkha Bhaag" has created a global stir and the sprinter is bowled over by Farhan Akhtar's depiction of him in the movie.

The simple-hearted legendary athlete cannot hide his glee at the turn of events.

Los Angeles, July 17 : Singer Taylor Swift says she is actively working on her new album and often drifts away from conversations because she is thinking about it.

Popular for hit songs like "Love story", "You belong with me", and "Teardrops on my guitar", the 23-year-old has begun working on her fifth record - the follow-up to last year's "Red".

"The floodgates just opened the last couple weeks," Rolling Stones magazines quoted Swift as saying.

Bangalore, July 16 : Due to prolonged delay in land acquisition, South Korean steel major Posco has decided to pull out of Karnataka where it was planning to set up its $5.3-billion (Rs. 31,800-crore) steel plant, a top company official said Tuesday.

"We have decided to scrap the six-million tonne steel project in Karnataka due to long delay in acquiring the required land in the state," Posco India chairman and managing director Yong Won Yoon said in a statement here.

New Delhi, July 16 : Priyanka Chopra, who is training for the Mary Kom biopic, was in Imphal to do research on her role as the boxing Olympic medallist.

Despite having a hectic schedule, Priyanka took time out and visited Kom and the place where the boxing champ practises.

"This was solely for a research for the film on Mary Kom," the 30-year-old said in a statement. "Omung Kumar (director of the film) and the team were given a warm welcome. It was wonderful as people of Manipur are known to be courteous," she added.

She hopes to visit the Manipur capital again.