Stockholm  - Swedish home appliance maker Electrolux said Tuesday it will close one of its refrigerator plants in Italy to boost competitiveness, citing the results of an internal review.

Karachi  - Pakistan's food price inflation is set to register another record high by the end of this month, the head of the central bank said Monday.

New Delhi - India's second biggest telecom firm Reliance Communications on Monday announced that it had acquired Britain's telecom carrier Vanco for 3.27 billion rupees (77 million dollars).