China Manufacturing Activity Falls to 5-Month Low Amid Growth Slowdown Fears

Official Purchasing Managers' Index (PMI) eases to 50.8 in October from 51.1 in September.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1xJQK27 November 01, 2014 at 10:53AM http://ift.tt/eA8V8J

China's Alibaba to Surpass Walmart Sales Volume in Two Years

Walmart's yearly sales were $476bn last year, while Alibaba's trading volume was $151bn in first half of 2014.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1sQ0iEj October 31, 2014 at 05:01PM http://ift.tt/eA8V8J

UK Government to Repay £218m of First World War Debt

Government paid £1.26bn in interest on debt since its issue in 1927



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1wjqKMF October 31, 2014 at 02:08PM http://ift.tt/eA8V8J

UK Consumer Confidence Edges Down on Economic Growth Woes

GfK consumer confidence index declined by one point in October to -2.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/106OXZW October 31, 2014 at 01:15PM http://ift.tt/eA8V8J

Bitcoin-Loving Terrorists Threaten to Spread Ebola Virus in Czech Republic and Demand €1m Crypto Money

Terrorists demanded €1m in bitcoin, but Czech authorities ignored warning.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1zlgJku October 31, 2014 at 12:26PM http://ift.tt/eA8V8J

Warrants for Facebook User Data Help Solve Many Cases in New York

Data from Facebook led to 130 indictments of civil servants, including police officers and firefighters, for Social Security fraud.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1wIQcev October 30, 2014 at 04:57PM http://ift.tt/eA8V8J

India Government Submits List of 627 Names to Supreme Court in Anti-Black Money Move

Suspected people include about 350 Indians and about 270 non-resident Indians.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1wHS0T9 October 30, 2014 at 03:44PM http://ift.tt/eA8V8J

Samsung Posts Lowest Profit in Three Years as Smartphone Strategy Fails

Company reported 60% decline in profit to 4.1tn won in third quarter.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1wHumpL October 30, 2014 at 01:26PM http://ift.tt/eA8V8J

US Fed Ends Quantitative Easing but Keeps Ultra-Low Interest Rates

Country's economic recovery would continue despite weak outlook for global economy, according to Fed.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1wGyEi9 October 30, 2014 at 11:24AM http://ift.tt/eA8V8J

Pfizer to Explore Favourable Tax Inversion Deals Despite US Curbs

New rules make tax inversion deals more complicated and also potentially limits value, says Pfizer chief executive Ian Read.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1wCvUST October 29, 2014 at 05:25PM http://ift.tt/eA8V8J

Nearly 50% of Californians Hit by Cyber Attacks in 2013

Personal records of 18.5 million people in California were at risk in 2013 due to cyber intrusions.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1DuerNG October 29, 2014 at 01:16PM http://ift.tt/eA8V8J

Hong Kong Regulators Approve Stock-Trading Link with China

Launch date of Shanghai-Hong Kong Stock Connect is yet to be announced.



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

Bitcoin Gets Backing from Former SEC Chair Arthur Levitt

Levitt will serve as advisor to bitcoin firms BitPay and Vaurum.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1tJCVme October 29, 2014 at 11:37AM http://ift.tt/eA8V8J

Facebook Shares Plunge on Aggressive Spending Plan Despite Robust Quarterly Results

Facebook forecast 75% increase in expenses for 2014.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1pX0sK2 October 29, 2014 at 11:29AM http://ift.tt/eA8V8J

China's Evergrande Launches Infant Formula Following Acquisition of Cowala Dairy

Evergrande, which acquired New Zealand dairy firm, enters booming dairy products business.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1u2rYNq October 28, 2014 at 03:52PM http://ift.tt/eA8V8J

36 European Banks Would Have Failed Stress Test Based on Basel III Norms

Basel III is tougher global regulatory standard on bank capital adequacy, stress test and market liquidity risk.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1rwQhvl October 28, 2014 at 01:20PM http://ift.tt/eA8V8J

Standard Chartered Profit Falls on Higher Costs and Bad Loans

Pre-tax profit for quarter ended on 30 September declines to $1.5bn from $1.8bn last year.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1rQo97s October 28, 2014 at 11:51AM http://ift.tt/eA8V8J

Japan Retail Sales Rise at Fastest Pace Driven by Apparels, Food and Beverages

Retail sales rose 2.3% year-on-year in September, representing biggest gain since March.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1zCOw9S October 28, 2014 at 11:17AM http://ift.tt/eA8V8J

China Plans £105bn Investment in British Infrastructure by 2025

China will primarily invest in UK's energy, property and transport infrastructure.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1tcfO2t October 27, 2014 at 02:25PM http://ift.tt/eA8V8J

Launch of Shanghai-Hong Kong Stock Connect Delayed

Shares in Hong Kong Exchanges and Clearing decline almost 5% in morning trade.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1tvBKGN October 27, 2014 at 12:00PM http://ift.tt/eA8V8J

Oil Prices Drop as Goldman Sachs Cuts WTI and Brent Projections by $15 Per Barrel

Goldman lowers price projections of West Texas Intermediate to $75 a barrel from $90, and of Brent to $85 from $100.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1t7PyEN October 27, 2014 at 10:39AM http://ift.tt/eA8V8J

China Fourth Quarter Growth Could Slow to 7.2% on Weak Domestic Demand

Song Guoqing, member of monetary panel at People's Bank of China, sees weak growth outlook.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1wBlu59 October 27, 2014 at 09:46AM http://ift.tt/eA8V8J

Michael Jackson, Elvis Presley and Elizabeth Taylor among Top 10 Highest Earning Dead Celebrities

Others in list include Bob Marley, Marilyn Monroe, Albert Einstein and Bruce Lee.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1oFdeSG October 25, 2014 at 02:50PM http://ift.tt/eA8V8J

Bitcoin Payments Accepted for Surgery at Major Polish Hospital in Warsaw

Warsaw hospital accepts payments in popular digital currency bitcoin for wider range of healthcare services.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1tmbWNe October 25, 2014 at 12:41PM http://ift.tt/eA8V8J

Google CEO Larry Page Puts Sundar Pichai In Charge of Key Businesses

Pichai to oversee search, maps, Google+, commerce, advertising and infrastructure..



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1ywSsom October 25, 2014 at 11:26AM http://ift.tt/eA8V8J

Raj Rajaratnam's Brother Makes $840,000 Settlement with SEC over Civil Claims

Rengan Rajaratnam settles insider trading case with US Securities and Exchange Commission.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1rrJ94m October 24, 2014 at 03:20PM http://ift.tt/eA8V8J

Google Set to Spend $1bn in Long-Term Office Leases

Lease contracts have periods expiring between 2027 and 2028.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1nBUwKO October 24, 2014 at 02:16PM http://ift.tt/eA8V8J

Swiss Banks Question Terms of US Tax Amnesty Deals

As many as 73 Swiss banks question more than dozen demands set out in agreement.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/12o1kT1 October 24, 2014 at 01:11PM http://ift.tt/eA8V8J

Microsoft Sales Beat Projections on Nokia Acquisition But Profit Falls

Acquisition of Nokia boosts company's revenues by 25% to $23.2bn.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1ti65bW October 24, 2014 at 12:01PM http://ift.tt/eA8V8J

UK Consumer Confidence Falls as Low Rate of Economic Growth Stokes Job Insecurity Fears

YouGov/CEBR consumer confidence index declines by 2.9 points to 111.2 points in October.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1uITjyF October 23, 2014 at 01:20PM http://ift.tt/eA8V8J

Tesco Sales and Profit Fall as Profit Overstatement Calculated at £263m

Sales for first half declined 4.4% to £34bn, while pre-tax profit fell 91.9% to £112m



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1FGHNfI October 23, 2014 at 12:38PM http://ift.tt/eA8V8J

Lloyds to Axe 9,000 Jobs and Shut Down Some Branches

Plan to be carried out over next three years as part of CEO Antonio Horta-Osorio's strategic review of business.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/12gkxpm October 23, 2014 at 11:49AM http://ift.tt/eA8V8J

China Manufacturing Rises to Three-Month High But Demand and Employment Remain Weak

HSBC/Markit flash PMI rises to 50.4 in October, compared to 50.2 in September.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1uIrRAU October 23, 2014 at 11:12AM http://ift.tt/eA8V8J

Facebook Paid No Corporation Tax in UK for Second Straight Year

Research firm eMarketer estimates £371m in revenues for Facebook in UK, compared to reported £49.8m



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1w8MdJp October 22, 2014 at 05:28PM http://ift.tt/eA8V8J

Seven Controversial Figures of Internet Freedom: Edward Snowden, Julian Assange and More

NeoMam Studios compiled a list of the most controversial figures of internet freedom.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1x8b2BX October 22, 2014 at 03:56PM http://ift.tt/eA8V8J

Data Storage Maker EMC Buying Most of Cisco's Stake in Joint Venture VCE

EMC will consolidate VCE into its business and add joint venture's sales into its quarterly results



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1FAXR2H October 22, 2014 at 01:17PM http://ift.tt/eA8V8J

JPMorgan, UBS and Credit Suisse Fined €94m for Forming Cartels

European Commission fined banks for manipulating Swiss franc derivatives and Libor.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/10lMtaT October 22, 2014 at 12:29PM http://ift.tt/eA8V8J

AbbVie Calls for US Corporate Tax Reform as $55bn Deal with Shire Collapses

CEO Richard Gonzalez said US-based companies at disadvantage to foreign competitors.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1DvIy9u October 21, 2014 at 03:20PM http://ift.tt/eA8V8J

Microsoft Sets $84.3m Annual Pay Package for New CEO Satya Nadella

Package is largely comprised of long-term stock awards.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/ZE5XGh October 21, 2014 at 01:12PM http://ift.tt/eA8V8J

China 'Hacked' Apple's iCloud Service to Snoop on Sharing of Hong Kong Protest Images and Videos

Chinese government accused of staging man-in-the-middle (MITM) attack on Apple's iCloud.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1222CTh October 21, 2014 at 12:17PM http://ift.tt/eA8V8J

Total CEO Christophe de Margerie Dies in Moscow Plane Accident

Three crew members also killed as de Margerie's private jet crashes at Vnukovo Airport.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1w0dz4v October 21, 2014 at 11:14AM http://ift.tt/eA8V8J

Saudi's Largest National Commercial Bank to Become Fully Islamic in Five Years

Decision comes after Islamic scholars criticised bank for having non-Islamic businesses in connection with its float.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vUyWUA October 20, 2014 at 04:21PM http://ift.tt/eA8V8J

Standard Chartered to Close Thousands of SME Accounts in UAE

Move is part of bank's agreement with US regulator to settle money laundering charges.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1qZoLr4 October 20, 2014 at 03:07PM http://ift.tt/eA8V8J

Bitcoin Investment Firm Collapses Due to Alleged Hacking, Management Disappears

Bitcoin arbitrage service Bitcoin Trader suffered hacking attack, according to owner John Carley.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1olthVv October 20, 2014 at 01:12PM http://ift.tt/eA8V8J

Bitcoin Exchange Coinfloor to Allow Trading in US Dollar, Euro and Polish Zloty

Coinfloor will also raise money from investors and start new bitcoin fund.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1qYyHAY October 20, 2014 at 12:15PM http://ift.tt/eA8V8J

Twitter Vs Facebook: How the Numbers Stack Up

Facebook has 1.3 billion monthly active users and yearly revenues close to $3bn, compared to Twitter's $312m revenue and 271 million users.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vmjorg October 17, 2014 at 04:26PM http://ift.tt/eA8V8J

Digital Disruption to Remove Many Large Companies from Top 100 List

Only 19 of world's 100 largest companies in 2012 would retain their positions in 2042, according to new book, iDisrupted.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1pjup70 October 17, 2014 at 03:43PM http://ift.tt/eA8V8J

Goldman Sachs in Talks to Buy ETF Provider IndexIQ

IndexIQ acquisition part of Goldman strategy to launch series of ETFs..



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/11AtOIz October 17, 2014 at 12:38PM http://ift.tt/eA8V8J

Google Shares Slide as Search Business Suffers Growth Slowdown

Growth in paid clicks was 17% in third quarter, down from 25% in second quarter.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vCSDjI October 17, 2014 at 11:38AM http://ift.tt/eA8V8J

Apple App Store Vs Google Play: Revenue and Downloads

Apple's App Store generates 60% more revenues than Google Play store, despite lower downloads.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1waITKe October 16, 2014 at 04:03PM http://ift.tt/eA8V8J

Huawei Boss Guo Ping Says Growth Undeterred by US Contracts Ban

Huawei has been banned by US from bidding for government contracts on suspicions of industrial espionage.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1u7XIe8 October 16, 2014 at 01:00PM http://ift.tt/eA8V8J

Audit at Garment Factories in Bangladesh Finds Over 80,000 Safety Hazards

Accord on Fire and Building Safety inspected more than 1,100 factories in Bangladesh.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1yGhHYl October 16, 2014 at 12:14PM http://ift.tt/eA8V8J

AbbVie Board Asks Shareholders to Reject $55bn Shire Deal

AbbVie calling off Shire deal in response to new tax rules in US.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1qA0FTs October 16, 2014 at 11:30AM http://ift.tt/eA8V8J

Shire Stock Plunges 27% as AbbVie Reconsiders $55bn Merger

AbbVie said it would reconsider its takeover offer for UK drugmaker.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1sR8GbJ October 15, 2014 at 04:57PM http://ift.tt/eA8V8J

US Pork Industry Launches Online Defence of Antibiotics

PBS Frontline documentary earlier showed widespread use of antibiotics on animals.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vchI3n October 15, 2014 at 03:12PM http://ift.tt/eA8V8J

Barclays Faces Trouble in Selling Index Business

Some data used to support pricing of securities in Barclays indices is not owned by British bank.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1paT3Xn October 15, 2014 at 12:21PM http://ift.tt/eA8V8J

China Faces Deflation Risk as Consumer Prices Fall to Near Five-Year Lows

Consumer price index (CPI) inflation slows to 1.6% year over year in September, lowest level in about five years.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/11m69eT October 15, 2014 at 11:30AM http://ift.tt/eA8V8J

Ireland to End Corporate-Friendly Tax Regime

Ireland will close tax loophole known as 'double Irish' as part of country's next budget.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1yy3AEi October 14, 2014 at 03:32PM http://ift.tt/eA8V8J

US Medical and Biotech Stocks Soar as Texas Nurse Contracts Ebola

Ibio, Lakeland, Alpha Pro Tech and Tekmira stocks rise sharply.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1v6ZK2l October 14, 2014 at 01:31PM http://ift.tt/eA8V8J

FSB Sets New Regulations to Address Shadow Banking Risks in Securities Financing

FSB chief Mark Carney says aim is to turn shadow banking into resilient market-based financing.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1sED0ah October 14, 2014 at 12:29PM http://ift.tt/eA8V8J

Google Set to Lead $500m Funding Round for 'Cinematic Reality' Firm Magic Leap

Magic Leap is developing hardware and software to deliver 'cinematic reality.'



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1wx8Pjh October 14, 2014 at 11:02AM http://ift.tt/eA8V8J

Amazon to Add 1,000 Permanent Jobs in UK on High Demand

Ecommerce giant is also offering four-day work week with 10-hour shifts.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/11dTniB October 13, 2014 at 04:38PM http://ift.tt/eA8V8J

FTSE 100 Directors' Earnings Rise to £2.4m - 120 Times the Average Full-Time Worker

Median total earnings of FTSE 100 company director was £2.4m in fiscal year 2013/2014, according to research firm Incomes Data Services.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1sFLcGs October 13, 2014 at 01:25PM http://ift.tt/eA8V8J

Twitter Joins Hands with France's Groupe BPCE for Money Transfer Service

Funds will be transferred using Groupe BPCE's S-Money services.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1wqEvqm October 13, 2014 at 12:14PM http://ift.tt/eA8V8J

China Likely to Miss Trade Growth Target Despite Rebound in Imports

Imports rose 7% year-on-year in September, compared to 2.4% decline in August



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1syRYhW October 13, 2014 at 11:22AM http://ift.tt/eA8V8J

Edward Snowden Reunites With Girlfriend Lindsay Mills, Shows Documentary

Citizenfour shows NSA whistleblower and Lindsay Mills together in Moscow.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1snLcKx October 11, 2014 at 12:39PM http://ift.tt/eA8V8J

Microsoft Board Could Address Gender Gap in Pay and 'Boys' Club' Culture

Microsoft CEO Satya Nadella was criticised for his remark that women shouldn't ask for raises.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1s4kfKF October 11, 2014 at 11:15AM http://ift.tt/eA8V8J

GE's Finance Arm in Talks to Buy Helicopter Leasing Firm Milestone

Purchase price for Milestone could be more than $2.5bn, WSJ reports.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1wf3jS3 October 11, 2014 at 10:24AM http://ift.tt/eA8V8J

Sears Suffers Cyber Attack at Kmart Stores, Customers' Card Data Stolen

Retailer believes certain debit and credit card numbers have been compromised in cyber attack.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1swbavV October 11, 2014 at 09:49AM http://ift.tt/eA8V8J

London House Prices: Tiny Flat Worth Cost of Mansion in Spain or US

With a mortgage of £254,000, you can buy 250m² property in Spain, compared to 72m² house in London.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vQMu13 October 10, 2014 at 03:47PM http://ift.tt/eA8V8J

Bill Gross Excited at His 'Simpler Role' at Janus and Start of a 'New Chapter'

Gross talks about his new role at Janus and departure from Pimco.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1xwOtrr October 10, 2014 at 12:49PM http://ift.tt/eA8V8J

Symantec to Split into Security and Storage Businesses

Norton antivirus software maker's move aimed at greater focus on security and information management.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1qulTkK October 10, 2014 at 12:04PM http://ift.tt/eA8V8J

Satya Nadella Admits His Statement About Women's Pay Hike Was Wrong

Nadella earlier said women in technology should not ask for raises but have faith in the "system".



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1skRXOw October 10, 2014 at 11:41AM http://ift.tt/eA8V8J

Emerging G-7 Economy is Bigger Than Traditional G-7

G-7 group of emerging economies now have combined GDP of $37.8tn at purchasing power parity, compared to $34.5tn for traditional G-7.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1yPAAJn October 09, 2014 at 05:19PM http://ift.tt/eA8V8J

Global Economy Could Stall Again on Eurozone and Japan Worries: World Bank Chief Economist

World Bank's chief economist Kaushik Basu said takeoff for global economy is unsure.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1riLYTT October 09, 2014 at 04:41PM http://ift.tt/eA8V8J

Janus Bond Fund Adds $66m on Bill Gross Joining

Janus Global Unconstrained Bond Fund, managed by Bill Gross, attracted $66.42m in net inflows in September.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1siX4xO October 09, 2014 at 01:05PM http://ift.tt/eA8V8J

JP Morgan Hackers Targeted Mutual Fund Firm Fidelity Investments

Fidelity Investments that handles thousands of American retirees' accounts is one of 13 institutions attacked.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1sgeJap October 09, 2014 at 11:37AM http://ift.tt/eA8V8J

Bitcoin Venture Capital Investment Falls in Third Quarter as Value Plummets 40%

Venture capital investments in bitcoin totalled $60m in third quarter, down 18% from second quarter, according to CoinDesk.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1yMn89a October 08, 2014 at 04:30PM http://ift.tt/eA8V8J

KFC Owner Cuts Profit Predictions on China Food Scandal

Yum Brands currently estimates yearly earnings per share growth between 6% and 10%.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vTnQvo October 08, 2014 at 03:23PM http://ift.tt/eA8V8J

Three Novartis Executives to Leave After Eli Lilly and GSK Deals

George Gunn, Brian McNamara and Andrin Oswald, members of Novartis executive committee, will leave firm.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1y57pR8 October 08, 2014 at 02:02PM http://ift.tt/eA8V8J

Vodafone Remains Top Contender as Swisscom Mulls €5bn Fastweb Sale

Swisscom is working with UBS bank to facilitate sale of Fastweb, Reuters reports.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vSRgtG October 08, 2014 at 01:18PM http://ift.tt/eA8V8J

Banks Agree to Overhaul Rules Governing $700tn Derivatives Market

18 major banks have agreed to give up right to 'close out' deals on derivatives contracts if financial institutions run into trouble.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1v05Ano October 08, 2014 at 12:33PM http://ift.tt/eA8V8J

Yahoo Lays Off 400 India Staff but Offers US Jobs to Some

Move is part of CEO Marissa Mayer's effort to bring teams together to improve quality of Yahoo's products.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1tyTZpI October 08, 2014 at 11:26AM http://ift.tt/eA8V8J

McDonald's Japan to Post First Loss in 11 Years After Food Security Scare

Company forecast net loss of 17bn yen and operating loss of 9.4bn yuan for year ending on 31 December.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1uUOxTM October 07, 2014 at 02:28PM http://ift.tt/eA8V8J

EU to Probe Luxembourg's 'Sweetheart Tax Deal' with Amazon

Amazon allegedly benefited from decade-long illegal state subsidies in Luxembourg.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1pK8V33 October 07, 2014 at 11:50AM http://ift.tt/eA8V8J

JP Morgan Hackers 'Probed' for Vulnerabilities at Other Institutions

Financial institutions told authorities that they had seen traffic from suspect computer addresses linked to hackers.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1s6jVxs October 07, 2014 at 11:05AM http://ift.tt/eA8V8J

FBI Director: Every US Company a Victim of Hacking by China

James Comey says state-backed hackers in China are stealing corporate secrets worth billions of dollars.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vIJwwr October 06, 2014 at 04:34PM http://ift.tt/eA8V8J

Becton Dickinson to Acquire CareFusion for $12.2bn as US Healthcare Sector Consolidates

M&A activity in the US healthcare sector topped $346bn so far in 2014, compared to $212bn in the same period last year.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1xV41It October 06, 2014 at 02:23PM http://ift.tt/eA8V8J

Samsung Plans to Build $14.7bn Chip Plant in South Korea

Seoul plant part of Samsung's new strategy for semi-conductor business.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/10DRqM1 October 06, 2014 at 01:06PM http://ift.tt/eA8V8J

HP Plans to Split Business into Two

Company would separate personal-computer and printer businesses from corporate hardware and services operations, WSJ reports.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1xfOP5A October 06, 2014 at 11:18AM http://ift.tt/eA8V8J

Samsung Paid More Than $1bn in Royalty Fees to Microsoft in 2013

Microsoft is demanding $6.9m interest from Samsung for late payment.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/10tXFlD October 04, 2014 at 02:25PM http://ift.tt/eA8V8J

Bitcoin is Key Technology And Better Than Currency: Bill Gates

Bitcoin finds another prominent advocate in Microsoft founder Bill Gates.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1ulELbL October 04, 2014 at 12:32PM http://ift.tt/eA8V8J

Singapore's GIC to Take Part in £1bn Acquisition of Aberdeen, Glasgow and Southampton Airports

GIC will join Spanish infrastructure giant Ferrovial and Australian bank Macquarie in acquisition of regional airports.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1n1PPcI October 04, 2014 at 12:01PM http://ift.tt/eA8V8J

Yahoo Plans Investment in Snapchat Valuing Messaging App at $10bn

Yahoo looking for profitable ways to utilise proceeds from Alibaba IPO.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/ZEcG40 October 04, 2014 at 11:17AM http://ift.tt/eA8V8J

BP Files Motion to Reconsider 'Gross Negligence' Ruling in Deepwater Horizon Oil Spill Case

Company says Judge Carl Barbier had relied on evidence that had been excluded from trial.



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

Goldman Sachs Plans to Launch Infrastructure Fund

New fund likely to have global focus with investments in infrastructure assets such as airports, power grids and toll roads.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1rDuV5h October 03, 2014 at 03:26PM http://ift.tt/eA8V8J

Nobel Peace Prize Top Contenders: Japanese Anti-War Group and Edward Snowden

Other possible candidates are Russian newspaper Novaya Gazeta, Denis Mukwege and Malala Yousafzai.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/YW50c5 October 03, 2014 at 02:23PM http://ift.tt/eA8V8J

JP Morgan Data Breach Affects 76 Million Households

Executives at bank earlier believed only one million accounts were affected.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1rCXPCw October 03, 2014 at 01:02PM http://ift.tt/eA8V8J

Pimco Unaffected by Bill Gross's Departure: CEO

Pimco's 'DNA is fundamentally unchanged,' says CEO Doug Hodge.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1rCFt4v October 03, 2014 at 11:16AM http://ift.tt/eA8V8J

Google Could Be Sued Over Nude Celebrity Photo Leaks

Lawyers representing Jennifer Lawrence, Kate Upton, Rihanna and others reportedly threaten to sue Google for $100m.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1xF3qdO October 02, 2014 at 03:27PM http://ift.tt/eA8V8J

Virgin Money IPO Restricted to Institutional Investors

Richard Branson's banking arm not to offer stock to retail investors.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1oD1tXf October 02, 2014 at 01:36PM http://ift.tt/eA8V8J

Argentine Central Bank Chief Resigns After Apparent Clash with President Cristina Kirchner

Argentine central bank governor, Juan Carlos Fabrega, quits amid debt crisis.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1x0YU6s October 02, 2014 at 10:45AM http://ift.tt/eA8V8J

Pimco Investors Withdraw Record $23.5bn from Total Return Fund After Bill Gross's Exit

Largest daily outflow from bond fund occurred on day of Gross's resignation.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1sO9mA8 October 02, 2014 at 09:34AM http://ift.tt/eA8V8J

India and US Look to Boost Trade Five-Fold to $500bn

Narendra Modi and Obama pledged to deepen economic cooperation between countries and foster business investment.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1pFpLiC October 01, 2014 at 02:30PM http://ift.tt/eA8V8J

Japanese Manufacturers Plan Big Spending Boost Betting on Yen's Weakness

Tankan survey found large companies are set to increase capital expenditure by 8.6% in year through March 2015.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1v3Q7z0 October 01, 2014 at 01:55PM http://ift.tt/eA8V8J

Huge Fat Finger Error Worth $617bn Hits Japan Market

Orders for shares in 42 companies totalling 67.78tn yen were cancelled.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1v3yBuG October 01, 2014 at 12:18PM http://ift.tt/eA8V8J