Sunday, November 30, 2014

Rising Calls for Further Policy Easing as China's Manufacturing Activity Weakens

China's purchasing managers' index declined to 50.3 in November, while HSBC PMI fell to 50.0.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1pEPIVV December 01, 2014 at 11:49AM http://ift.tt/eA8V8J

Saturday, November 29, 2014

Edward Snowden Revelations Not Having Much Impact on Internet Users

In survey of more than 23,000 internet users conducted by Centre for International Governance Innovation, just 60% have heard of Snowden.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/edward-snowden-revelations-not-having-much-impact-internet-users-1477189 November 29, 2014 at 02:53PM http://ift.tt/eA8V8J

Vodafone 'Plans' to Buy Liberty Global to Counter BT

Liberty Global owns cable networks capable of carrying very high-speed broadband traffic to many European homes and businesses.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1w3wGL6 November 29, 2014 at 01:51PM http://ift.tt/eA8V8J

Lufthansa Faces Fresh Strikes as Talks With Pilots Union Fail

Union warns of strikes at Lufthansa, Lufthansa Cargo and German Wings.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1FFknX8 November 29, 2014 at 01:05PM http://ift.tt/eA8V8J

Friday, November 28, 2014

Black Friday: Online Sales Surge as Shops Stay Quiet in US

Black Friday has been busiest US shopping day in US in terms of sales and traffic since 2005.



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

Bitcoin Rates Fall on Black Friday as Digital Currency Merchants Offer Big Discounts

Bitcoin is trading at $359.61, down 2.58% or $9.53, as at 10:45 am GMT.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1ryjg8R November 28, 2014 at 04:33PM http://ift.tt/eA8V8J

FSA Names and Shames Major Supermarkets Over Poultry Bug Causing Food Poisoning

No supermarkets are meeting end-of-production target for reducing campylobacter in chicken, says FSA.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vrFrNA November 28, 2014 at 01:58PM http://ift.tt/eA8V8J

Thursday, November 27, 2014

WTO 'Back in Game' with Landmark Reforms

Reforms are expected to add as much as $1tn and 21 million jobs to the world economy.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1txaQc4 November 28, 2014 at 11:35AM http://ift.tt/eA8V8J

Weibo Bans WeChat QR Codes on Its Platform as Rivalry Between Chinese Internet Giants Escalates

Weibo says it would stop users from disseminating quick response (QR) codes and other marketing information.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1y4BS20 November 27, 2014 at 05:35PM http://ift.tt/eA8V8J

Wednesday, November 26, 2014

Selfie App Shots' CEO Denies Rumours of Acquisition by Twitter

John Shahidi, CEO of Shots, says his company is not selling app.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1yjWLoA November 27, 2014 at 12:32PM http://ift.tt/eA8V8J

Candy Crush Saga Maker's Chairman Melvyn Morris Resigns

Gerhard Florin, who is currently chair of the company's compensation committee, will replace Morris.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1xJyjcn November 27, 2014 at 12:21PM http://ift.tt/eA8V8J

European Parliament Set to Vote on Proposal to Break Up Google

The European Parliament will vote on 27 November on a proposal to break up Google into separate search business and other services.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vnofsx November 27, 2014 at 11:32AM http://ift.tt/eA8V8J

UK to Register Record £518m Online Sales on Black Friday, Surpassing Mega Monday: Visa Europe

Total Cyber Weekend sales will increase to £1.7bn with record 31 million online transactions, says Visa Europe.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vhGXk9 November 26, 2014 at 04:50PM http://ift.tt/eA8V8J

Snapdeal Likely to Benefit as Alibaba's Jack Ma Announces More Investment in India

Jack Ma noted that Alibaba will work more with Indian suppliers so that they can sell their products in China through Alibaba's platform.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1xEBd28 November 26, 2014 at 04:00PM http://ift.tt/eA8V8J

Twitter in Talks to Buy Selfie-App Shots, Backed by Justin Bieber

Twitter is interested in the app's user base of more than 3 million, nearly two-thirds of whom are women under 24.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1AT3RTE November 26, 2014 at 01:53PM http://ift.tt/eA8V8J

Tuesday, November 25, 2014

US Grows Faster Than Initially Expected as Economy Kicks into Higher Gear

GDP increased at annual rate of 3.9% in third quarter, compared to initial estimate of 3.5%.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1CeeB0n November 26, 2014 at 12:45PM http://ift.tt/eA8V8J

China Orders Microsoft to Pay $137m in Back Taxes for Tax Evasion

Microsoft will also have to pay more than 100m yuan in additional taxes per year in future.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vgbFKs November 26, 2014 at 11:57AM http://ift.tt/eA8V8J

Blackstone Rejects £2bn Offer for Resort Operator Center Parcs

Blackstone has rejected a joint bid from BC Partners and Canada Pension Plan (CPP).



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1r8JEGp November 25, 2014 at 03:21PM http://ift.tt/eA8V8J

Monday, November 24, 2014

Actavis Plans Layoffs Due to Overlaps in Corporate Functions after Allergan Deal

Actavis had earlier agreed to buy Allergan for $66bn.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Fm1vfB November 25, 2014 at 12:15PM http://ift.tt/eA8V8J

Japan Likely to Issue More Debt on Top of Its $8.5tn Public Liabilities

Sales tax hike has hurt consumption and resulted in recession in the economy.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1C8AHRU November 25, 2014 at 11:32AM http://ift.tt/eA8V8J

Western Sanctions and Oil Price Fall Costing Russian Economy up to $140bn Per Year

Russian Finance Minister Anton Siluanov says Western sanctions costing economy dearly.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vipHMN November 24, 2014 at 04:16PM http://ift.tt/eA8V8J

Russian Billionaire Alisher Usmanov's Alibaba Investment Surges 500%

Usmanov declined to give the exact amount of gain in an interview with CNBC.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1perBgu November 24, 2014 at 03:16PM http://ift.tt/eA8V8J

Sunday, November 23, 2014

Symatec Discovers Super Spyware Regin Likely Created by a Government

Tool has been in use for six years to spy on government organisations, businesses and private individuals, says Symantec.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1AFwXWo November 24, 2014 at 12:55PM http://ift.tt/eA8V8J

Italy's Intesa Bank Looks for UK Expansion With Possible Bid for RBS' Coutts

Financial Times reported that Intesa is trying to persuade RBS to sell all of Coutts along with its UK business.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/11NeIyY November 24, 2014 at 11:20AM http://ift.tt/eA8V8J

Saturday, November 22, 2014

Hackers Target Medical Records as Electronic Data Becomes Less Lucrative

Kelly Yee, Vice President at Penango, discusses why hackers prefer medical records to electronic data.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1uODNUw November 22, 2014 at 01:34PM http://ift.tt/eA8V8J

Friday, November 21, 2014

Brussels Proposes to Break Up Google on Antitrust Concerns

EU Parliament preparing non-binding resolution to split Google's search engine operations in Europe from rest of its business.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1qLYUZm November 22, 2014 at 12:25PM http://ift.tt/eA8V8J

China Central Bank's Rate Cut Not to Significantly Impact Economy: Analysts

PBoC cut one-year lending rates by 40 basis points to 5.6% and reduced one-year deposit rates by 25 basis points to 2.75%.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/11FiLxe November 22, 2014 at 11:17AM http://ift.tt/eA8V8J

Blackstone to Buy $1.6bn Worth of Japan Apartments in Country's Largest Deal for 2014

Blackstone reached an agreement to buy GE Japan Corp's residential property business.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1xYBD78 November 21, 2014 at 03:15PM http://ift.tt/eA8V8J

Thursday, November 20, 2014

Venezuela Expresses Readiness to Cut Production to Arrest Fall in Oil Prices

Foreign Minister Rafael Ramirez said his country would make a proposal to limit supply and strengthen prices at the next OPEC meeting.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1v0JT5J November 21, 2014 at 12:51PM http://ift.tt/eA8V8J

Alibaba Completes $8bn Bond Offering Amid Robust Demand

Investors submitted orders of at least $57bn for company notes.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1uHgpIK November 21, 2014 at 12:22PM http://ift.tt/eA8V8J

Firefox Keeps Google in Europe but Signs Landmark Five-Year Deal with Yahoo in US

Firefox inked new deal with Yahoo to serve as its default search provider in key market US.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vscTFt November 20, 2014 at 04:07PM http://ift.tt/eA8V8J

Japanese Exports Accelerate Fueling Recovery Hopes

Exports increased to 9.6% year-on-year in October, representing a steep rise and its highest in the past eight months, compared to 6.9% growth in September.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vscVND November 20, 2014 at 04:07PM http://ift.tt/eA8V8J

Key HSBC China Manufacturing Index Slips to No-Growth Region

Economists say more monetary and fiscal easing measures should be deployed given weak data



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1tjpqDP November 20, 2014 at 04:00PM http://ift.tt/eA8V8J

Wednesday, November 19, 2014

Global Smartphone Data Traffic to Increase Eightfold to 17 Exabyte in 2020

Jump in data consumption will be primarily due to 130% increase in number of smartphone subscriptions.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1tdDmzr November 19, 2014 at 04:36PM http://ift.tt/eA8V8J

Toyota to Start Sale of Hydrogen-Powered Cars from December

Company will start selling Mirai fuel cell cars in Japan on 15 December and in US and Europe in mid-2015.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/14KeTx6 November 19, 2014 at 03:52PM http://ift.tt/eA8V8J

Tuesday, November 18, 2014

Shell Wins Tax Dispute in India over Transfer-Pricing

Bombay High Court ruled in favour of Shell's Indian unit, saying stock transfers by Indian company to its foreign parent were not taxable.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1u9qEBP November 19, 2014 at 12:52PM http://ift.tt/eA8V8J

Japan Not Likely to Achieve 2015 Inflation Target Given Delay in Sales Tax Hike

Consumption tax hike, which was scheduled for October 2015, will now be implemented in April 2017.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1qUP5TC November 19, 2014 at 11:37AM http://ift.tt/eA8V8J

Harvard University Has Most Number of Billionaires Among Alumni

Ivy League research university, having 335 Rhodes scholars and 150 Nobel laureates to its credit, also produced 64 billionaires



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1HebWUt November 18, 2014 at 03:44PM http://ift.tt/eA8V8J

China's Kunlun Bank Used by Iran to Transfer Funds to Quds-Linked Firms

Extremist group Quds Force is designated supporter of terrorism by US in 2007.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1u4Y44y November 18, 2014 at 02:52PM http://ift.tt/eA8V8J

Monday, November 17, 2014

Apple's Market Cap Could Go Up As High As $1tn

Stock market experts told Reuters that the iPhone maker's shares remain undervalued.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/11n86Hj November 18, 2014 at 12:37PM http://ift.tt/eA8V8J

Carl Icahn Predicts Major Stock Market Correction in 3 to 5 Years

Icahn said higher earnings being reported by companies are based on their ability to borrow at very low interest rates.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/11n2L2N November 18, 2014 at 12:00PM http://ift.tt/eA8V8J

Indonesia Cuts Subsidies and Hikes Fuel Prices by 30%

President Joko Widodo government's move to boost revenues and fix trade imbalance.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vkBtZ2 November 18, 2014 at 11:20AM http://ift.tt/eA8V8J

Thailand Cuts Yearly Growth Forecast on Weak Exports

Thailand's planning agency has cut its economic growth forecast for 2014 to 1.0% from 1.5-2.0% set in August.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1wMjMw7 November 17, 2014 at 01:25PM http://ift.tt/eA8V8J

Sunday, November 16, 2014

International Investors on Buying Spree as Shanghai-Hong Kong Stock Connect Opens

International investors purchased 13bn yuan of Shanghai shares, triggering halt in buy orders for rest of the day.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1xNLyfK November 17, 2014 at 12:57PM http://ift.tt/eA8V8J

Allergan Close to Ink up to $65bn Deal with Actavis to Thwart Valeant's Hostile Bid

Actavis may value Allergan shares between $215 and $220 apiece.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1EPL3Ce November 17, 2014 at 12:12PM http://ift.tt/eA8V8J

Facebook to Launch Professional Networking Site Challenging LinkedIn, Google and Microsoft

The company is "secretly working" on new website called 'Facebook at Work', according to Financial Times.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1yaSn9n November 17, 2014 at 11:30AM http://ift.tt/eA8V8J

Saturday, November 15, 2014

Most Expensive Divorces in History: Dmitry Rybolovlev Paid Biggest Settlement of $4.5bn

Media mogul Rupert Murdoch was involved in third and fifth costliest divorce in history.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1sS4TpW November 15, 2014 at 05:05PM http://ift.tt/eA8V8J

Microsoft Overtakes Exxon Mobil and Google in Market Cap to Become Second-Largest Company

Microsoft closed at $49.58 on 14 November at corresponding market capitalisation of $408.7bn.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vfWG5A November 15, 2014 at 03:31PM http://ift.tt/eA8V8J

Yahoo Mail Down Again: Read Furious Twitter Comments

Yahoo's mail service went down again, leading to furious comments about company on social media.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/119zFno November 15, 2014 at 01:17PM http://ift.tt/eA8V8J

Friday, November 14, 2014

Bitcoin Firm Coinbase Raising Between $40-$60m at $400m Valuation

Venture capital firm Draper Fisher Jurvetson expected to contribute most of funds.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1sPyEIL November 15, 2014 at 12:49PM http://ift.tt/eA8V8J

Democracies US, UK and India Listed Among Enemies of Internet Freedom

Advocates of internet freedom worried as democratic nations are heading towards more authoritarian internet.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1pYuQtm November 14, 2014 at 04:02PM http://ift.tt/eA8V8J

Ebola: US Asks IMF to Write Off $100m Debt of Guinea, Sierra Leone and Liberia

US says debt relief will help West African countries to cope with devastating effects of Ebola.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/11njCDs November 14, 2014 at 03:22PM http://ift.tt/eA8V8J

India's Wholesale Price Inflation Dips to 5-Year Low Raising Rate Cut Hopes

India's price situation benefits from fall in global oil prices, but demand remains weak.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/114CciO November 14, 2014 at 01:59PM http://ift.tt/eA8V8J

Thursday, November 13, 2014

Apollo to Bid for All of GSK's Mature Drugs Worth Over $3bn

Other bidders are looking to acquire certain regional businesses.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1wwtMcU November 14, 2014 at 12:39PM http://ift.tt/eA8V8J

China Likely to Cut 2015 Growth Target to 7% as Economic Activity Remains Weak

Industrial production increased 7.7% year-on-year in October, down from 8% in previous month.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/14gUqzH November 13, 2014 at 03:22PM http://ift.tt/eA8V8J

GE Looks to Capitalise on Rising Infrastructure Demand from Emerging Markets

GE expects double-digit percentage increases in orders in developing countries.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1zOQVgU November 13, 2014 at 01:29PM http://ift.tt/eA8V8J

Wednesday, November 12, 2014

Allergan and Actavis in Talks for $60bn Deal to Rebuff Valeant's Hostile Bid

Actavis offering $60bn, while Allergan is seeking additional $3bn.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/10ZmAgo November 13, 2014 at 12:46PM http://ift.tt/eA8V8J

Amazon Could Test Fly Same-Day Delivery Drones in Cambridge

Company expanding R&D operations in Cambridge focusing on drone and speech tech projects.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Ex568d November 13, 2014 at 12:07PM http://ift.tt/eA8V8J

Friday, November 7, 2014

US: More Than 30% of Adults Live with Roommates Slowing Down Housing Recovery

Portion of adults who lived with roommates increased to 32% in 2012, compared to 25.4% in 2002, according to Zillow.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/13QEJip November 07, 2014 at 04:47PM http://ift.tt/eA8V8J

Electronic Payments Rise 16% in Middle East and North Africa During Ramadan-Eid Holidays

Increased transition within Mena region from cash-based financial system to card-based system.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/13QA6Fb November 07, 2014 at 04:23PM http://ift.tt/eA8V8J

ECB Blames Domestic Policymakers for Ireland's Economic Crisis

ECB published letter written by former ECB president Jean-Claude Trichet to then Irish Finance Minister Brian Lenihan in November 2010.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1AwwPtg November 07, 2014 at 02:09PM http://ift.tt/eA8V8J

Thursday, November 6, 2014

Qatar Looks to Increase Ownership of London Skyline with New Move to Acquire Canary Wharf

Qatar's sovereign wealth fund and Canada's Brookfield group bidding for Canary Wharf's majority owner Songbird Estates.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Ea56uH November 07, 2014 at 12:40PM http://ift.tt/eA8V8J

China Central Bank Pumps $125.9bn Low-Cost Funds into Banking System

People's Bank of China increases funds flow in bid to reverse sagging economic growth.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1ycbvDL November 07, 2014 at 11:58AM http://ift.tt/eA8V8J

Home Depot Hacking Attack: 53 Million Email Addresses Stolen

Home Depot hackers accessed files containing email addresses, but files did not contain passwords.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vSeIpt November 07, 2014 at 11:14AM http://ift.tt/eA8V8J

Yearly New Car Sales Cross Two Million in October For First Time in Seven Years

UK car sales jumped 14.2% in October to 179,714 units.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/13LP27w November 06, 2014 at 04:10PM http://ift.tt/eA8V8J

Pepsi, Ikea and Hundreds of Companies 'Reducing Global Tax Under Secret Luxembourg Deals'

Leaked documents revealed by ICIJ expose more than 300 multinationals also including FedEx, AIG and Deutsche Bank.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vNsQjY November 06, 2014 at 03:18PM http://ift.tt/eA8V8J

Lenovo Shares Plunge 5% as Sales Growth Disappoint Investors

Lenovo reported 19% rise in profits to $262m and 7% rise in sales to $10.5bn for three months ended in September.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/10r4yDm November 06, 2014 at 03:02PM http://ift.tt/eA8V8J

US Fed Prohibits Large Mergers in Financial Sector

Fed issued rule prohibiting financial firms from combining with others if resulting company's liabilities exceed 10% of aggregate industry liabilities.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1uzir0u November 06, 2014 at 01:50PM http://ift.tt/eA8V8J

Wednesday, November 5, 2014

Walmart Tops Lucky Sperm Club, World's Largest Family Businesses

Retail giant, controlled by family of Sam Walton, had more than $476bn in revenues in 2013.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1x3gOZn November 05, 2014 at 04:16PM http://ift.tt/eA8V8J

Bitcoin: A Better Approach to Cyber Security - Interview

BitStash CTO Trevor Murphy discusses how bitcoin can largely prevent data theft by hacking.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/13GYoRX November 05, 2014 at 03:46PM http://ift.tt/eA8V8J

Hold-Out Fund Elliott Management Pursuing Sanctions Against Argentina

Elliott will continue decade-long search for Argentine assets to enforce $1.7bn in court judgments.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1utNzyA November 05, 2014 at 02:40PM http://ift.tt/eA8V8J

Tuesday, November 4, 2014

Xiaomi to Invest $1bn in Online Video Content as Chinese Tech Firms Seek Entertainment Fortune

Company has hired internet expert Chen Tong, who has been Sina.com's editor-in-chief.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1EhquAj November 05, 2014 at 12:54PM http://ift.tt/eA8V8J

Pimco Total Return Fund Suffers Record $27.5bn Monthly Withdrawals After Bill Gross' Exit

Nearly half of monthly outflows happened in the first five trading days, and withdrawals are slowing down, according to Pimco.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1utc8eU November 05, 2014 at 11:42AM http://ift.tt/eA8V8J

Germany Proposes Bill Demanding Foreign Tech Firms' Source Code to Combat Spying

Firms selling software to German government or companies critical to its security might be forced to reveal their source code.



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

Macau Casinos Witness Biggest Monthly Revenue Drop on Record

Total casino revenues declined 23.2% year over year in October to 28bn Macau patacas (£2.19bn).



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1x5vlAr November 04, 2014 at 01:37PM http://ift.tt/eA8V8J

Monday, November 3, 2014

Bill Gross: Central Banks' Monetary Stimulus Not Helping Create Inflation

Bill Gross says deflation remains possibility despite monetary easing policies.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1tCpUdj November 04, 2014 at 12:49PM http://ift.tt/eA8V8J

Former UBS Top Banker Raoul Weil Cleared of $20bn US Tax Evasion Charges

Weil was accused of conspiring to help wealthy Americans to hide $20bn in assets in secret offshore accounts.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/10Qs7XA November 04, 2014 at 11:56AM http://ift.tt/eA8V8J

Amazon Warns of Ending India and China Operations Due to Complicated Laws

Amazon sees 'substantial uncertainties' in interpretation of laws in India and China.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/10iqqB6 November 03, 2014 at 04:22PM http://ift.tt/eA8V8J

Publicis to Acquire US-Based Sapient for $3.2bn to Boost Digital Offerings

Combined company is expected to have more than €8bn in revenues with about €1.3bn in EBITDA.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1DQe1S4 November 03, 2014 at 03:25PM http://ift.tt/eA8V8J

Asian Airline Industry's Woes Soar Underlining Warren Buffett's Prediction

Six of 10 IPOs by airlines in Asia during past five years are trading below their sale prices, according to Bloomberg.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/10hYKMX November 03, 2014 at 02:31PM http://ift.tt/eA8V8J

Sunday, November 2, 2014

Hong Kong's Economy Unaffected by Pro-Democracy Protests

Hong Kong's key property, tourism and retail sectors largely unaffected by pro-democracy protests.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1ulyOO7 November 03, 2014 at 12:37PM http://ift.tt/eA8V8J

Saturday, November 1, 2014

Bitcoin Prices Fall for Fourth Straight Month

During October, bitcoin value declined by 12.8%, closing at 336.8.



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

Nokia Shuts Down Plant in India Throwing 8,000 Out of Jobs

Finnish telecom giant closes Sriperumbudur facility near Chennai owing to tax dispute.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/10H219f November 01, 2014 at 12:36PM http://ift.tt/eA8V8J