Saturday, November 23, 2013

Twitter Adds Security Layer to Services to Counter Snooping After Edward Snowden Revelations

Twitter enables forward secrecy following similar steps by Google and Facebook.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/524563/20131123/edward-snowden-nsa-scandal-twitter-security.htm November 23, 2013 at 10:16AM

Friday, November 22, 2013

US Aircraft Remanufacturer Nextant Presents $5m Business Jet at Dubai Airshow

Nextant 400XTi dubbed world's first 're-manufactured' business jet.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/524546/20131123/nextant-400xti-re-manufacturing-dubai-airshow.htm November 23, 2013 at 08:10AM

Former Co-op Bank Boss Paul Flowers Released on Bail

Detectives questioned Methodist minister from 1 am to 5 pm on 22 November.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/524529/20131123/co-op-bank-paul-flowers-bail-george.htm November 23, 2013 at 06:39AM

China President Xi Jinping to Promote Allies to Key Positions to Counter Opposition to Reforms

Xi plans to promote his well-wishers in coming months as part of reshuffle at party, government and military.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/524432/20131122/china-xi-jinping-reforms-li-zhanshu-shanghai.htm November 22, 2013 at 12:35PM

Rivals Look to Grab Dissatisfied Clients and Staff from Merging Omnicom and Publicis

WPP, Interpublic and Dentsu taking advantage of disturbance among clients and staff due to merger.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/524394/20131122/omnicom-publicis-merger-wpp-interpublic-dentsu.htm November 22, 2013 at 10:46AM

Thursday, November 21, 2013

Edward Snowden NSA Scandal: Germany to Enhance Capabilities to Prevent Snooping

Germany's move is in line with Snowden's revelations that NSA tapped Angela Merkel's cellphone.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/524351/20131122/edward-snowden-nsa-scandal-germany-angela-merkel.htm November 22, 2013 at 08:12AM

Nokia Agrees to Pay Part of 30bn Rupee Tax Demand from India to Ensure Smooth Transaction with Microsoft

Finnish mobile phone maker looking to unfreeze India factory in Chennai.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/524329/20131122/nokia-india-tax-dispute-factory-microsoft.htm November 22, 2013 at 07:06AM

Property Portals Push Disparity in UK House Prices

Agent Analytics said disparity between portals and land registry is 47.4% nationally.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/524141/20131121/uk-house-prices-disparity-hm-land-registry.htm November 21, 2013 at 12:15PM

Bank of Japan to Continue Aggressive Monetary Stimulus as Growth Remains Moderate

Bank will continue its money market operations so that monetary base will increase at annual pace of about 60tn yen to 70tn yen.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/524092/20131121/bank-japan-monetary-stimulus-inflation-deflation.htm November 21, 2013 at 10:11AM

China to Add More Transparency in Budgeting and Taxing as Part of Reforms

Chinese Finance Minister Lou Jiwei said the country requires more transparency in budget system and fairness in tax system.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/524061/20131121/china-tax-reforms-budget-lou-jiwei.htm November 21, 2013 at 08:48AM

Wednesday, November 20, 2013

US Fed Hints at Tapering in 'Coming Months'

St. Louis Fed president James Bullard says tapering could begin in December if jobs report is strong.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/524011/20131121/fed-tapering-bond-buyback-james-bullard.htm November 21, 2013 at 07:11AM

India Likely to Deregulate Diesel Prices in Six Months

Rising oil import bills contributed significantly to India's huge current account deficit.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/523807/20131120/india-diesel-prices-oil-imports-veerappa-moily.htm November 20, 2013 at 12:16PM

JP Morgan to Pay Largest Ever Settlement in US History

Bank will pay $13bn to settle claims it misrepresented quality of its mortgage assets in lead up to financial crisis.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/523736/20131120/jp-morgan-settlement-mortgage-assets-london-whale.htm November 20, 2013 at 08:37AM

Tuesday, November 19, 2013

UK Personal Debt Almost Equivalent to 2012 GDP

Total personal debt in the UK rose to £1.4tn, with average household debt standing at £54,000, according to a study by the Centre for Social Justice.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/523694/20131120/uk-personal-debt-centre-social-justice.htm November 20, 2013 at 06:52AM

Friday, November 15, 2013

Germany's Merck Spends €80m on China Manufacturing Facility

Merck looks to capitalise on growing medicine needs of China, which is set to become second-biggest drugs market behind US by 2016.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/522552/20131115/merck-china-pharmaceutical-scandal-glaxosmithkline.htm November 15, 2013 at 11:35AM

Lockheed Martin Axes 4,000 Jobs Due to Lower US Defence Spending

US Defense Department faces budget cuts of about $52bn in current fiscal year.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/522546/20131115/lockheed-martin-defence-spending-job-cut.htm November 15, 2013 at 11:04AM

EnQuest to Invest £4bn in North Sea Project Creating 20,000 Jobs

Company to invest in Kraken field that contains 137m barrels of oil.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/522486/20131115/enquest-north-sea-oil-field-investment.htm November 15, 2013 at 08:24AM

Thursday, November 14, 2013

Edward Snowden Grabbed Up to 200,000 NSA Top Secret Documents

NSA director general Keith Alexander said Snowden shared between 50,000 and 200,000 documents to media.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/522484/20131115/edward-snowden-nsa-scandal-keith-alexander.htm November 15, 2013 at 08:18AM

Government Intervention in Indian Market Pulls Global Gold Demand Down 21%

India hiked import duty on gold and tightened rules for gold loan companies in order reduce its gold imports and current account deficit.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/522239/20131114/world-gold-council-demand-trends-india-china.htm November 14, 2013 at 11:33AM

Couple Completes 101-Day World Tour Entirely on Bitcoin

Virtual currency's value soared to $400 per coin on 13 November from $13 in January.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/522205/20131114/bitcoin-austin-craig-virtual-currency-world-tour.htm November 14, 2013 at 09:43AM

Wednesday, November 13, 2013

Cisco's China Equipment Sales Hurt by NSA Spying Scandal

Much of Internet data is transmitted through Cisco networking products.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/522159/20131114/cisco-china-sales-nsa-spying-scandal.htm November 14, 2013 at 08:12AM

Pink Star Diamond Mined in Africa Fetches Record $83m at Sotheby's Auction

Mined by De Beers, Pink Star breaks record set by Graff Pink.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/522132/20131114/pink-star-diamond-record-sotheby-s-geneva.htm November 14, 2013 at 07:08AM

PetroChina Buys $2.6bn of Oil and Gas Assets in Peru

China is promoting overseas oil and gas asset acquisitions to meet its rising energy demand.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/521913/20131113/petrochina-petrobras-china-peru-oil-assets.htm November 13, 2013 at 11:58AM

London Stock Exchange Profit Declines on LCH.Clearnet Integration Costs

LSE completed acquisition of majority stake in LCH.Clearnet in May 2013.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/521897/20131113/london-stock-exchange-lch-clearnet-profit.htm November 13, 2013 at 11:27AM

US Airways-American Airlines Mammoth Merger Cleared by Government

Combination would create world's biggest airline as measured by passenger traffic.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/521839/20131113/american-airlines-airways-merger.htm November 13, 2013 at 08:59AM

Tuesday, November 12, 2013

Starbucks Ordered to Pay $2.76bn to Kraft Foods for Improper Contract Termination

Kraft Foods had exclusive rights for the sale of Starbucks coffee in retail and grocery outlets under the contract.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/521800/20131113/starbucks-kraft-foods-coffee-mondelez-international.htm November 13, 2013 at 07:28AM

NSA Scandal: Edward Snowden Finds Job in Russia

Whistleblower did not financially benefit from information leaking, lawyer claims.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/521573/20131112/edward-snowden-nsa-scandal-anatoly-kucherena-russia.htm November 12, 2013 at 11:22AM

Bank of America Looks to Settle $1.4bn Mortgage Dispute with Freddie Mac

Freddie Mac wants bank to take back $1.4bn faulty securities sold to it.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/521516/20131112/bank-america-freddie-mac-settlement-mortgage.htm November 12, 2013 at 08:43AM

Monday, November 11, 2013

Help to Buy Scheme Slows Down Rental Demand Growth

Rics house price balance rose to 11-month high at 57% in October.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/521442/20131112/rics-house-price-rental-help-buy.htm November 12, 2013 at 06:24AM

US and EU to Resume Free-Trade Talks Despite NSA Spying Scandal

Parties will hold second round of negotiations in Brussels on TTIP from 11-15 November.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/521236/20131111/eu-free-trade-ttip-nsa-scandal.htm November 11, 2013 at 11:12AM

Sunday, November 10, 2013

Help to Buy 2 Gets Strong Start with £365m Worth Applications

Lenders RBS and Halifax received a total of 2,384 applications under the government scheme.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/521159/20131111/help-buy-rbs-halifax-nationwide-house.htm November 11, 2013 at 07:55AM

Friday, November 8, 2013

China Exports Surge Above Expectations Easing Pressure on Leaders

Exports rose 5.6% in October, above economists' expectations of 3.2% growth.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/520649/20131108/china-exports-trade-surplus-imports-plenary-session.htm November 08, 2013 at 10:01AM

Thursday, November 7, 2013

Twitter IPO: Most Successful US Internet IPOs by Returns

E-commerce company Amazon has provided most returns to investors since its IPO with a $1,000 investment currently valued at $239,045.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/520551/20131108/internet-ipo-twitter-facebook-amazon-google-yahoo.htm November 08, 2013 at 06:13AM

Deutsche Telekom Swings to Profit on T-Mobile US Growth

Deutsche Telekom made net profit of €588m in third quarter, compared to net loss of €7.02bn last year.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/520336/20131107/deutsche-telekom-metropcs-t-mobile-profit-ebitda.htm November 07, 2013 at 11:50AM

Rightmove Traffic up 30% Indicating Strong Home Buyer Interest

Rightmove said it is confident of meeting its expectations for current year.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/520313/20131107/rightmove-housing-market-traffic-help-buy.htm November 07, 2013 at 10:37AM

UK Intelligence Chiefs to Give Public Testimony Over Snowden Leaks

Parliament will gather evidence from chiefs of electronic eavesdropping agency GCHQ, domestic security service MI5, and foreign Secret Intelligence Service MI6.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/520270/20131107/edward-snowden-nsa-gchq-mi5-mi6.htm November 07, 2013 at 09:01AM

Wednesday, November 6, 2013

Twitter Listing: Concerns over Profitability, Valuation and Idling Users Point to Tough Road Ahead

Twitter priced its shares at $26 before its debut trading on 7 November.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/520235/20131107/twitter-ipo-price-listing-nyse-facebook.htm November 07, 2013 at 07:37AM

Persimmon: Help to Buy's Equity Loan Scheme More Effective Than Government Guarantee

Persimmon sold sold more than 3,000 homes under Help to Buy equity loan scheme, while government guarantee is yet to make impact.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/520009/20131106/persimmon-housing-help-buy-equity-loan.htm November 06, 2013 at 11:46AM

UK Home Prices Rise on Lower Mortgage Payments

Low level of mortgage payments in relation to income is helping to boost housing demand, says Halifax.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/519990/20131106/halifax-home-prices-help-buy-fls.htm November 06, 2013 at 10:15AM

Prosecutors Could Fine Deutsche Bank in Kirch Lawsuit

Deutsche Bank Co-CEO Juergen Fitschen was earlier named as suspect in lawsuit.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/519960/20131106/deutsche-bank-juergen-fitschen-kirch-lawsuit.htm November 06, 2013 at 08:34AM

Edward Snowden NSA Scandal: Apple Claims It Has Never Received National Security Related Requests

Apple disclosed data requests it received from various governments.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/519956/20131106/apple-edward-snowden-nsa-scandal-data-requests.htm November 06, 2013 at 08:24AM

Tuesday, November 5, 2013

UK Shop Prices Decline for Sixth Straight Month as Consumers Remain Reluctant to Spend

Despite better economic outlook, consumers are still reluctant, unwilling or unable to increase spend.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/519901/20131106/brc-nielsen-shop-price-index-inflation-deflation.htm November 06, 2013 at 06:23AM

Deutsche Bank Co-CEO Fitschen Named as Suspect in Kirch Lawsuit

Deutsche Bank set aside €1.2bn for legal costs in third quarter.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/519705/20131105/deutsche-bank-juergen-fitschen-leo-kirch-lawsuit.htm November 05, 2013 at 12:41PM

Li Keqiang: China Needs At Least 7.2% Growth to Ensure Stable Job Market

Premier expects to create 1.3 million to 1.5 million jobs from every percentage point in economic growth.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/519699/20131105/china-premier-li-keqiang-economic-growth-employment.htm November 05, 2013 at 12:20PM

Monday, November 4, 2013

UAE's Etisalat to Buy Vivendi's Controlling Stake in Maroc Telecom for €4.2bn

Deal is part of Vivendi's strategy to focus and strengthen its businesses around media and content activities.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/519605/20131105/uae-etisalat-vivendi-maroc-telecom-morocco.htm November 05, 2013 at 08:05AM

Bitcoin Hardware Designers to Cash In on Virtual Currency's Increasing Popularity

Bitcoin miners spend thousands of dollars in securing hardware designed to help operate and maintain Bitcoin network



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/519392/20131104/bitcoin-mining-cointerra-virtual-currency.htm November 04, 2013 at 11:57AM

Ryanair to Post First Profit Fall in Five Years on Lower Air Fares

Ryanair lower profit forecast for second time as it expects up to 10% fall in fares in fourth quarter.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/519345/20131104/ryanair-outlook-profit-air-fare-aer-lingus.htm November 04, 2013 at 09:12AM

Blackstone Banks on China's Property Sector With $400m Investment in Mall Operator

Blackstone Group agreed to buy 40% stake in Chinese shopping mall group SCP Co.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/519331/20131104/blackstone-scp-private-equity-icbc.htm November 04, 2013 at 08:48AM

Sunday, November 3, 2013

China's Services Sector Expands at Fastest Pace in One Year

China official non-manufacturing PMI rose to 56.3 in October from 55.4 in September.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/519291/20131104/china-non-manufacturing-pmi-services-gdp.htm November 04, 2013 at 07:01AM

Friday, November 1, 2013

China Manufacturing Growth at Seven-Month High

HSBC manufacturing index rose to 50.9 in October from 50.2 in September.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/518891/20131101/china-hsbc-manufacturing-pmi-economic-growth.htm November 01, 2013 at 11:26AM

Edward Snowden NSA Scandal: US Tech Giants Back Bill to End NSA Snooping

Google, Microsoft, Apple, Yahoo, AOL and Facebook asked for additional oversight and accountability mechanisms for NSA programmes.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/518882/20131101/edward-snowden-nsa-scandal-google-yahoo-facebook.htm November 01, 2013 at 10:41AM

Edward Snowden NSA Scandal: Obama Ordered NSA to Stop Spying on IMF and World Bank

Barack Obama had ordered NSA to halt eavesdropping on IMF and World Bank within last few weeks.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/518835/20131101/edward-snowden-nsa-scandal-obama-imf-spying.htm November 01, 2013 at 08:06AM