Iraq has cancelled a $4.2bn deal to buy arms from Russia because of concerns about "corruption", an Iraqi government advisor says.

China plans could launch its next manned space mission as early as June next year, state media reports.

The Danish government says it will scrap a tax on foods high in saturated fats, acknowledging that the measure led to a rise in food prices.

Syria's main opposition group, the Syrian National Council, chooses a Christian as its leader amid tense talks in Qatar over the group's future.

US defence company Lockheed Martin says its incoming president and chief executive officer has resigned over a relationship with a subordinate.

Former chief executive of Citigroup Vikram Pandit receives $15m after resigning from the banking giant last month.

Two Chevron subsidiaries in Argentina appeal against an asset freeze ordered by a judge as part of an environmental damages claim in Ecuador.

Talks to agree the EU's 2013 budget collapse after some governments object to a request for 9bn euros in extra funding for 2012.