Argentina Ignores US Court Order and Deposits Debt Payment with Local Bank

Country deposits $161m towards interest payments with newly appointed local trustee Nacion Fideicomisos.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1rKwhKs October 01, 2014 at 11:11AM http://ift.tt/eA8V8J

US Set to Overtake Saudi Arabia in Liquid Petroleum Production

US petroleum production has been steadily increasing due to shale boom.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1tdydHI September 30, 2014 at 04:41PM http://ift.tt/eA8V8J

Costs of War Against Isis Could Reach $1.8bn Per Month

US-led military operation cost between $780m and $930m through 24 September, according to Washington-based CSBA.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1uZ5rg8 September 30, 2014 at 02:08PM http://ift.tt/eA8V8J

Argentina Held in Contempt by US Judge For Flouting Court Order

US Federal Judge Thomas Griesa warn Argentina must stop efforts to overcome his rulings by making payments locally.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/10i2IW3 September 30, 2014 at 11:58AM http://ift.tt/eA8V8J

iPhone 6 Approved for Sale in China after Apple Addresses Security Issues

China's Ministry of Industry and Information Technology issues licence for iPhone 6.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1mJuTaz September 30, 2014 at 11:13AM http://ift.tt/eA8V8J

Shanghai FTZ Helps China Apply 21 Liberal Measures in First Year

China launched Shanghai FTZ in September 2013 to test a range of economic reforms, especially in financial sector.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vovkZ9 September 29, 2014 at 04:17PM http://ift.tt/eA8V8J

Shell and BP Competing for Giant Oil Deal in Abu Dhabi

There were about 11 international companies competing for Abu Dhabi oilfields.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/YAAEw4 September 29, 2014 at 02:22PM http://ift.tt/eA8V8J

Hong Kong's Hang Seng Falls 2% Amid Occupy Central Protests

Hong Kong's political movement demanding 'civic nomination' is expected to hit financial, tourism and retail sectors, say analysts.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1rv4xYB September 29, 2014 at 01:08PM http://ift.tt/eA8V8J

Microsoft CEO Satya Nadella Meets China's SAIC to Discuss Antitrust Probe

Nadella promises Microsoft's cooperation with Chinese watchdog in antitrust probe.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Buefgy September 29, 2014 at 12:32PM http://ift.tt/eA8V8J

Apple Could Be Fined Billions of Euros by Brussels Over Special Tax Arrangements with Irish Government

European Commission would accuse Apple of prospering from illegal tax deals with Irish government.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vnpTd5 September 29, 2014 at 11:00AM http://ift.tt/eA8V8J

Argentina Faces Contempt Hearing in US and $50,000 Fine Per Day

Hearing is over Argentina's failure to follow court order to continue to pay holders of its restructured debt.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1DGfPzB September 27, 2014 at 10:26AM http://ift.tt/eA8V8J

US Economy Shows Fastest Growth in More Than Two Years

US Q2 growth revised up to 4.6% on higher exports and business investment.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/YnR4ay September 27, 2014 at 10:15AM http://ift.tt/eA8V8J

iPhone 6: Box Loads of Smuggled Apple Smartphones Seized in Hong Kong Raid

Apple iPhone 6 models smuggled via Hong Kong are sold at premium in China.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1v87a58 September 26, 2014 at 03:54PM http://ift.tt/eA8V8J

Apple Suffers $23bn Loss Over iOs Glitch, 'Bendgate' and iCloud Security

Apple shares declined 3.81% on 25 September.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1v7LPIZ September 26, 2014 at 02:17PM http://ift.tt/eA8V8J

Lloyds Sells Additional 11.5% Stake in TSB for £161m

Bank launches accelerated book building process to sell 57.5 million shares in TSB to institutional investors.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1riVUTs September 26, 2014 at 12:22PM http://ift.tt/eA8V8J

Nike Profit Jumps on Strong Demand for Brand During World Cup

Profit rose 23% to $962m in fiscal first quarter, as revenues increased 15% to $8bn.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/YfSN1K September 26, 2014 at 10:55AM http://ift.tt/eA8V8J

Mars Mission to Lift India as New Space Business Power

Business potential seen in commercial launch and hiring of satellites and rockets.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1u1nULg September 25, 2014 at 04:58PM http://ift.tt/eA8V8J

RBS's Citizens Financial Closes up 7.3% on Debut Trading Day

RBS earlier priced Citizens shares at $21.5 in US IPO, below expected price range between $23 and $25.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1urxRD9 September 25, 2014 at 01:51PM http://ift.tt/eA8V8J

Shire in $56.5m Settlement with US Justice Department over Marketing Practices

Irish drugmaker allegedly overstated efficacy of five drugs, including attention deficit disorder drugs Adderall XR and Vyvanse.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1qx65NU September 25, 2014 at 12:51PM http://ift.tt/eA8V8J

UK Car Production Falls 22% on Summer Shutdowns

In August, Britain produced 71,065 cars, compared to 91,282 in same month last year.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1urclyh September 25, 2014 at 12:19PM http://ift.tt/eA8V8J

London Becomes Most Expensive City to Locate Employees on Soaring Rents and Strong Pound

Cost of renting accommodation and leasing office space per individual employee had risen to £73,800-a-year in London.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1sZ1d63 September 25, 2014 at 11:40AM http://ift.tt/eA8V8J

India's Lodha Group Eyes $5bn Investment in London Real Estate

Lodha Group says it has enough cash flows to meet its expansion plans.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1xdND5D September 24, 2014 at 03:25PM http://ift.tt/eA8V8J

India's Tata Group Plans E-Commerce Venture Modelling on Alibaba's Success

Group is planning online marketplace model, which helped Alibaba become immensely successful.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vfKfTH September 24, 2014 at 02:13PM http://ift.tt/eA8V8J

Pfizer Approaches Actavis for Possible Takeover Deal after Failed AstraZeneca Bid

Pfizer is yet to make offer for Actavis and they are not engaged in formal talks, Bloomberg reports.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1soyLjL September 24, 2014 at 01:13PM http://ift.tt/eA8V8J

Pimco's Bill Gross Questioned as Total Return ETF Faces SEC Scrutiny

SEC is probing if Pimco Total Return exchange-traded fund artificially inflated returns.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1uXZ6Up September 24, 2014 at 12:11PM http://ift.tt/eA8V8J

Starbucks to Fully Own High-Margin Japan Unit for $914m

Starbucks will buy 60.5% stake of Starbucks Japan from its partner Sazaby League and public shareholders.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1r7w2cY September 24, 2014 at 11:09AM http://ift.tt/eA8V8J

Philips to Split into Two Firms Focusing on Lighting and Healthcare

Lighting division will have separate legal structure.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1uCmIM5 September 23, 2014 at 03:36PM http://ift.tt/eA8V8J

Pepper Australia in Advanced Talks to Acquire Standard Chartered's Hong Kong Consumer Finance Unit

Sale of PrimeCredit unit could fetch between $500m and $700m to Standard Chartered.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1mHAlLi September 23, 2014 at 02:35PM http://ift.tt/eA8V8J

Ukraine Crisis Could Push Europe into Recession says Ex-Pimco Boss El-Erian

El-Erian warns of increasing sanctions and counter sanctions between Russia and the West



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1x5iW2z September 23, 2014 at 01:28PM http://ift.tt/eA8V8J

Citigroup Seeks to Halt US Order on Argentina Debt as Bank Fears Penalties and Sanctions

Citigroup says it had "a gun to its head" which would "probably go off" if US court did not allow payment of blocked funds.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vaTZhQ September 23, 2014 at 12:05PM http://ift.tt/eA8V8J

BHP Billiton Mitsubishi Alliance Cuts 700 Jobs in Australia Amid Coal Mining Downturn

Joint venture cuts 700 coal mining jobs in central Queensland citing challenging market conditions.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1uUamkO September 23, 2014 at 11:03AM http://ift.tt/eA8V8J

Climate Change Decimates Spending in Sub-Saharan Africa

Costs for climate change take large share of public spending in countries such as Ethiopia, Tanzania and Uganda.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1uY02am September 22, 2014 at 03:08PM http://ift.tt/eA8V8J

Tesco Shares Plunge 11% after £250m Overstatement in Profit Forecast

Tesco is working to find out extent of issues and what impact they will have on full year results.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1mzzxYQ September 22, 2014 at 12:56PM http://ift.tt/eA8V8J

Bank of America Shares Forecast to Surge 50% by 2017 as Era of Litigation Costs Ends

Bank's earnings per share would increase to $2 by 2017, compared to estimated $0.75 in 2014, according to Barron's.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1uvFCEk September 22, 2014 at 12:51PM http://ift.tt/eA8V8J

Siemens to Acquire Dresser-Rand for $7.6bn to Benefit from US Shale Gas Boom

Dresser-Rand makes compressors and turbines serving oil and gas industry.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1uvnABY September 22, 2014 at 11:19AM http://ift.tt/eA8V8J

Texas Man Fined for Running Bitcoin Ponzi Scheme

Bitcoin Savings and Trust and its owner Trendon Shavers fined $40.7m.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/Z0ScCd September 20, 2014 at 01:01PM http://ift.tt/eA8V8J

GlaxoSmithKline China Ex-Boss Mark Reilly to Be Deported to UK after Guilty Plea

Mark Reilly, given three-year suspended prison sentence by Chinese court, not to face jail time.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/XyWMGg September 20, 2014 at 11:18AM http://ift.tt/eA8V8J

GSK Statement of Apology to the People of China - Full Text

GSK posts apology on its China website after its China subsidiary found guilty of bribery.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1p3jL3B September 19, 2014 at 02:43PM http://ift.tt/eA8V8J

GlaxoSmithKline Fined £297m in China for Bribery

GSK's China subsidiary was found guilty of bribing non-government personnel for commercial gains.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1tuFHtM September 19, 2014 at 02:39PM http://ift.tt/eA8V8J

Scottish Independence: Scotland is Seventh Nation to Vote Against Independence Since World War II

While some 22 countries voted Yes, seven voted No in various independence referendums since Second World War.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1uZ1Cbj September 19, 2014 at 12:54PM http://ift.tt/eA8V8J

SAP to Buy Expense Tracking Software Firm Concur Technologies for $7.3bn

Deal valued at $129 per share, representing 20% premium to closing price on 17 September.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1r5WpxJ September 19, 2014 at 12:00PM http://ift.tt/eA8V8J

Microsoft Cuts 2,100 Jobs: Tech Giant to Shut Down Silicon Valley Research Lab in Second Round

Microsoft has already laid off around 13,000 of its staff, primarily from Nokia phone division.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1qQ3gxm September 19, 2014 at 11:22AM http://ift.tt/eA8V8J

China's Home Price Decline Extends to More Cities

Hangzhou sees fastest pace of drop followed by Beijing and Shanghai.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1r1NVJ3 September 18, 2014 at 05:34PM http://ift.tt/eA8V8J

China to Invest $20bn in Indian Infrastructure Projects

Asian economic powerhouses sign five-year trade agreement during President Xi Jinping's India visit.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1qNrxnU September 18, 2014 at 04:50PM http://ift.tt/eA8V8J

Asian Billionaires Witness Fastest Growth in Combined Wealth

Combined wealth of Asian billionaires grew 18.7% to $1.41tn from last year.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1BP4FGQ September 18, 2014 at 02:15PM http://ift.tt/eA8V8J

Shrinking Supply Not to Hurt Diamond Business: De Beers

Diamonds are expected to become more expensive with global production set to decline starting from 2020.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1me6OIU September 18, 2014 at 12:29PM http://ift.tt/eA8V8J

Sky Deutschland Tells Shareholders to Reject BSkyB Offer

BSkyB's deal with Sky Deutschland was cleared by EU last week.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1tdkcxt September 17, 2014 at 04:19PM http://ift.tt/eA8V8J

NASA Calls on Boeing and Elon Musk's SpaceX to Develop Space Taxis

Companies win lucrative contracts to provide NASA with space transport system



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1t9ljOX September 17, 2014 at 03:12AM http://ift.tt/eA8V8J

China Pumps 500bn Yuan into Banking Sector to Boost Growth

Top five lenders will get 100bn yuan (£10bn) each in China's latest stimulus.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/XAPyBL September 17, 2014 at 01:42PM http://ift.tt/eA8V8J

US Fed Warns Credit Suisse Over Risky Loans

Bank recently received letter from Federal Reserve, known as Matters Requiring Immediate Attention.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/XABet2 September 17, 2014 at 12:54PM http://ift.tt/eA8V8J

OECD Unveils Measures to Tackle Tax Avoidance by Multinational Companies

OECD recommends implementation of Base Erosion and Profit Shifting Project (BEPS).



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1wC2p5N September 17, 2014 at 11:16AM http://ift.tt/eA8V8J

PayPal Unit Selects Coinbase to Provide Bitcoin Payment Option to Merchants

PayPal unit Braintree will start accepting bitcoin payments in coming months.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1rzCyEv September 09, 2014 at 04:22PM http://ift.tt/eA8V8J

Bitcoin Founder Satoshi Nakamoto's Email Account Taken Over by Hacker

Satoshi Nakamoto's email account compromised, and hacker claims he has full information about him.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1pKNYUf September 09, 2014 at 04:11PM http://ift.tt/eA8V8J

Home Depot Suffers Security Breach Similar to Target

Data breach is expected to rival Target Corp's massive data theft in 2013.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/WKUunp September 09, 2014 at 02:34PM http://ift.tt/eA8V8J

Morgan Stanley Pays $95m to Settle Mortgage Backed Securities Lawsuit

Plaintiffs accused bank of making false and misleading claims about securities.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1qbh4Ci September 09, 2014 at 02:02PM http://ift.tt/eA8V8J

SAC Ex-Trader Mathew Martoma Gets Nine Years for Insider Trading

Martoma made use of tips he received about clinical trial for Alzheimer's drug to gain from pharma stocks.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1BoRH2m September 09, 2014 at 01:42PM http://ift.tt/eA8V8J

GSK's China Consumer Healthcare Unit was Probed by US Authorities

GSK in 2012 conducted focused investigation into specific people and suppliers in China in connection with US probe.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1lSwqej September 09, 2014 at 12:36PM http://ift.tt/eA8V8J

BP Deep Water Verdict Undermines Confidence in 'Fair Resolution of Disputes' States UK Government

British government sent letter to US Supreme Court backing troubled oil giant BP.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1lQIfS4 September 08, 2014 at 04:52PM http://ift.tt/eA8V8J

Apple Hires Famous London-Based Designer Marc Newson Ahead of iWatch Launch

Newson was named by Time magazine in 2005 as one of world's 100 most influential people.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1tl9ORR September 08, 2014 at 04:11PM http://ift.tt/eA8V8J

More Than $400bn Illegally Flowed Out of Brazil in Last 53 Years - Report

Average illegal outflows jumped to $33.7bn over 2010-2012 period.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/WDV1HB September 08, 2014 at 01:43PM http://ift.tt/eA8V8J

GM Plans to Launch New Cadillac with Automated Steering, Acceleration and Braking

GM is planning to launch Cadillac models with hands-free automated driving system and vehicle-to-vehicle communication systems within two years.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1CHTbq9 September 08, 2014 at 12:36PM http://ift.tt/eA8V8J

Argentina Discussing Currency Swap with China to Arrest Depletion in US Dollar Reserves

Argentina's central bank chief, Juan Carlos Fabrega, met with his Chinese counterpart to discuss a currency swap deal worth billions of dollars.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1rZLkPT September 08, 2014 at 12:05PM http://ift.tt/eA8V8J

Automotive Workshop Run by Inmates Opens at India's Tihar Jail

Small scale automotive workshop will initially employ 30 to 35 inmates.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Bi5V5a September 06, 2014 at 04:09PM http://ift.tt/eA8V8J

Bitcoin: Chinese Yuan Overtakes US Dollar in Trading Volume

More than 70% of bitcoin transactions done over last 30 days came from trades denominated in yuan, according to statistics.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1qvlSl0 September 06, 2014 at 03:40PM http://ift.tt/eA8V8J

EU Leaders Agree on New Russian Sanctions Targeting Gazprom Bank and Gazprom Neft

Latest sanctions include credit restrictions and export bans on Russian companies, and travel bans and asset freezes on officials.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1xovraw September 06, 2014 at 02:48PM http://ift.tt/eA8V8J

Wal-Mart to Take up Exiting Carrefour's Three Indian Stores

Wal-Mart will replace Carrefour's wholesale stores in Delhi, Jaipur and Agra with its own.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1pWok4Q September 06, 2014 at 01:23PM http://ift.tt/eA8V8J

Amazon India Faces Regulatory Probe Over Alleged Violation of Retail FDI Rules

Regulators are looking into whether Amazon violated rules by selling directly to consumers.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1tc9THz September 06, 2014 at 01:02PM http://ift.tt/eA8V8J

Alibaba's Expected IPO Price Range Indicates Company Valuation up to $163bn

Alibaba expects to price its shares between $60 and $66 apiece.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1xo1Mhv September 06, 2014 at 11:50AM http://ift.tt/eA8V8J

Tor Browsers, VPNs and Proxies - Smart Workarounds to Beat Internet Censorship are all the Rage

Virtual Private Networks or the Tor Browser Bundle and are increasingly used to beat government censorship of the Internet.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1BfMvOu September 05, 2014 at 04:46PM http://ift.tt/eA8V8J

China Getting Chillier Only for Law-Breaking Foreign Firms: Xinhua

Xinhua says foreign firms' concerns about China's ongoing antitrust probe are misplaced.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1rEi01h September 05, 2014 at 04:07PM http://ift.tt/eA8V8J

Investors Could Pursue Lawsuit Against Major Banks Over Credit Default Swap Rigging

US District Judge Denise Cote said investors may go ahead with claims that banks violated Sherman Act by setting unfair prices for CDS.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1rDnvgB September 05, 2014 at 01:32PM http://ift.tt/eA8V8J

BP Faces Extra $18bn Fine for 'Gross Negligence' Over Gulf of Mexico Spill

US District Court Judge Carl Barbier ruled 'gross negligence' and 'willful misconduct' of BP primarily led to Deepwater Horizon disaster.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1t7kOSN September 05, 2014 at 01:15PM http://ift.tt/eA8V8J

Bitcoin Pioneer Charlie Shrem Pleads Guilty to Selling Virtual Currency to Silk Road Users

Shrem and bitcoin trader Robert Faiella were charged with selling more than $1m worth of bitcoins to users of Silk Road.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1xj3yR3 September 05, 2014 at 12:17PM http://ift.tt/eA8V8J

JPMorgan Hackers 'Sent' Stolen Data to Russian City

JPMorgan's investigators find stolen data was sent to Russia using global network of computers for hire.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1qfHzph September 04, 2014 at 05:05PM http://ift.tt/eA8V8J

China's Anti-Monopoly Unit Looks to Strengthen Medical Devices and Semi-Conductor Sectors Against Foreign Competition

China is looking to consolidate healthcare and semi-conductor sectors to strengthen local players against foreign firms.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/WeIry1 September 04, 2014 at 03:06PM http://ift.tt/eA8V8J

French Unemployment Rises to 10.2% in Further Woes for Francois Hollande

Hollande is yet to fulfill his pledge of bringing down unemployment in country.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/Wfukc3 September 04, 2014 at 01:10PM http://ift.tt/eA8V8J

Michael Bloomberg Returns to Head His News Firm

Current CEO Daniel Doctoroff is stepping down by end of 2014.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1lBhNLQ September 04, 2014 at 12:09PM http://ift.tt/eA8V8J

Credit Suisse Investigating Alleged Misconduct by Employees at London Desk

Wall Street Journal earlier reported that bank suspended a senior employee for improper sharing of client information via chat room.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1sZl06w September 03, 2014 at 04:27PM http://ift.tt/eA8V8J

Narendra Modi Concludes Japan Visit Bringing $35bn Investments to India

Modi wooed Japanese firms by promising them "red carpet" treatment rather than red tape.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1A4SGCx September 03, 2014 at 03:59PM http://ift.tt/eA8V8J

Australia's Economic Growth Cools on Higher Imports Amid Weak Domestic Spending

Australia's economy expanded 0.5% in second quarter, compared to 1.1% in first quarter.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/YaJLUr September 03, 2014 at 01:44PM http://ift.tt/eA8V8J

UK Shop Prices Continue to Decline, but at Slower Pace

Shop price deflation eased to 1.6% in August from 1.9% in July, according to BRC/Nielsen price index.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/W9NY9e September 03, 2014 at 11:55AM http://ift.tt/eA8V8J

Sinopec Ranked No. 1 Revenue Generator in China for 10th Straight Time

Sinopec claimed top spot on list of 500 firms with total revenues of 2.95tn yuan.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1nRKmQN September 02, 2014 at 05:41PM http://ift.tt/eA8V8J

Burger King's Tax Form Grilled Over Tim Hortons Canadian Flip

Burger King shifting its finance hub to tax advantaged Canada is part of long term strategy.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1nRAPsJ September 02, 2014 at 04:33PM http://ift.tt/eA8V8J

Malaysian Airline Shares Gain on Khazanah's Restructuring Plan

MAS stock rises 4% as investors react positively to 12-point revamp plan.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1nrjt6k September 02, 2014 at 01:01PM http://ift.tt/eA8V8J

US Business Lobby Criticises China's Antitrust Probes

American Chamber of Commerce in China says US firms unfairly targeted.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1nr4KrO September 02, 2014 at 12:21PM http://ift.tt/eA8V8J

Apple to Partner with Visa, MasterCard and American Express for Mobile Payment Feature

Apple's new iPhone to include new mobile payment solution backed by NFC chip.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1qitebA September 01, 2014 at 03:28PM http://ift.tt/eA8V8J

Most Businesses Want Britain to Remain in EU with 'Re-Negotiated Relationship'

BCC survey finds most businesses feel closing ties with EU will harm economic and business interests.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1q1Jiyn September 01, 2014 at 01:33PM http://ift.tt/eA8V8J