How Google's new California headquarters will look like [Photos]

New headquarters would reportedly give Google room for additional 10,000 employees, over 20,000 people that currently work there.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/18wVUbz February 28, 2015 at 01:00PM http://ift.tt/eA8V8J

Breaking: India slashes corporate tax rate by 5%

Finance Minister Arun Jaitley announced cut in corporate tax rate to 25% from 30% over four years.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1EVgfkR February 28, 2015 at 12:31PM http://ift.tt/eA8V8J

Uber reveals hacking attack on database containing drivers' information

Hacking led to possible theft of information about 50,000 drivers in Uber network.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1LU8Apg February 28, 2015 at 11:16AM http://ift.tt/eA8V8J

Microsoft to layoff 9,000 employees in China as it shuts down two former Nokia plants

Some of the manufacturing equipment in those factories will be shipped to Vietnam, according to media reports.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Bl7Xnj February 27, 2015 at 03:19PM http://ift.tt/eA8V8J

Whatsapp faces ban in Brazil over child porn

Brazilian judge ordered suspension of messaging app as Whatsapp allegedly did not cooperate with investigation.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/17CLgPz February 27, 2015 at 01:43PM http://ift.tt/eA8V8J

Unhappy meal: Here is how McDonald's allegedly dodged €1bn in taxes

New report accuses the company of restructuring its business in 2009 primarily to extract billions of dollars in royalties from European operations.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/18sIoFX February 27, 2015 at 12:24PM http://ift.tt/eA8V8J

Chelsea signs £40m shirt deal with Japanese tyre-maker Yokohama Rubber

Deal puts Chelsea ahead of Arsenal, Liverpool and Manchester City in shirt sponsorship.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Bkj9kb February 27, 2015 at 11:04AM http://ift.tt/eA8V8J

Bitcoin: BoE suggests central banks could issue digital currencies to utilise ledger technology

Digital currencies, potentially combined with mobile technology, may reshape mechanisms for making secure payments, says central bank.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vBrfnx February 26, 2015 at 04:24PM http://ift.tt/eA8V8J

Samsung Electronics to freeze salaries of employees in Korea due to weak 2014 results

Overall performance incentives, which are based on profits, are not part of plan.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Auga81 February 26, 2015 at 01:01PM http://ift.tt/eA8V8J

US crude inventories rise to 80-year high at 434 million barrels

US crude oil inventories rose by 8.43 million barrels for week ended 20 February, according to EIA.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1zgDmlh February 26, 2015 at 12:23PM http://ift.tt/eA8V8J

Morgan Stanley strikes tentative $2.6bn deal with US authorities over mortgage bond case

Bank reaches agreement with Justice Department and US Attorney's Office for Northern District of California.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1AtTuEY February 26, 2015 at 11:22AM http://ift.tt/eA8V8J

Apple ordered to pay $532.9m over patent infringement in iTunes

Smartflash was seeking $852m from Apple in damages, after suing the iPhone maker in May 2013.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1zGQktE February 25, 2015 at 03:53PM http://ift.tt/eA8V8J

China's manufacturing sector unexpectedly expands ahead of New Year

HSBC flash China manufacturing PMI rose to a four-month high of 50.1 in February, compared to 49.7 in January.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GsyUFy February 25, 2015 at 01:35PM http://ift.tt/eA8V8J

Google's Eric Schmidt to meet Europe's antitrust chief next week

Meeting is expected to help Europe decide next step in its four-year-old investigation against Google.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1FWwu4P February 25, 2015 at 12:16PM http://ift.tt/eA8V8J

Shareholdings in Apple help many hedge funds break even

Apple is owned by one in every five hedge funds and is top-10 position for 12% of them.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vxIFRY February 25, 2015 at 11:18AM http://ift.tt/eA8V8J

Baltic nations set to lose €690m in 2015 due to Russian crisis

Value of goods and services exported to Russia by these three countries will shrink by between 18% and 25%.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1ELHcr6 February 24, 2015 at 03:08PM http://ift.tt/eA8V8J

BP appeals for cut in Gulf of Mexico oil spill size

US judge Carl Barbier earlier rejected BP's attempt reduce its maximum civil penalty from $13.7bn to $9.57bn.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1BKOnBW February 24, 2015 at 12:45PM http://ift.tt/eA8V8J

US probing banks over 'rigging' of precious metal prices

HSBC, Barclays, Deutsche Bank and Goldman Sachs reported to be among 10 banks facing probe.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1DMZT0w February 24, 2015 at 11:47AM http://ift.tt/eA8V8J

Honda CEO Takanobu Ito unexpectedly steps down after Takata airbag scandal

Ito will be replaced by Takahiro Hachigo, who is currently serving as company's managing officer.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Am4hAM February 23, 2015 at 02:07PM http://ift.tt/eA8V8J

Canada's Valeant to buy US bowel drugmaker Salix for $10.1bn

British pharmaceutical company Shire has also been looking to acquire Salix.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1FhVXBY February 23, 2015 at 12:29PM http://ift.tt/eA8V8J

Mercedes-Benz recalls 150,000 vehicles due to engine fire risk

Affected vehicles are Mercedes-Benz CLS 400, CLS 550, CLS63, E350, E400, E400 hybrid, E550 and E63.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1BaLYkD February 23, 2015 at 11:19AM http://ift.tt/eA8V8J

Chinese New Year vs US Thanksgiving: Key numbers

Bloomberg compares Chinese New Year with Thanksgiving, which is a big yearly event by American standards.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/17DGTTZ February 21, 2015 at 02:36PM http://ift.tt/eA8V8J

Russia's revenue loss from oil price plunge now projected at $180bn per year

Russian central bank earlier projected losses at $160bn per year, if oil prices remain around $45 per barrel.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/18bmyqp February 21, 2015 at 12:55PM http://ift.tt/eA8V8J

Greece secures 4-month bailout extension under deal with Eurozone

Greece will submit a list of potential economic reforms by 23 February for review



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1FFFz1y February 21, 2015 at 11:42AM http://ift.tt/eA8V8J

Superfish spyware: US urges Lenovo users to remove application

US Department of Homeland Security issues alert on Superfish in some Lenovo laptops.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1F7fvJ6 February 21, 2015 at 11:09AM http://ift.tt/eA8V8J

India corporate espionage case: Police claim accused leaked documents from defence, coal and power ministries as well

Delhi police recovered three dairies, indicating that those arrested had stolen information from other ministries as well.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1BuaMDr February 20, 2015 at 05:56PM http://ift.tt/eA8V8J

Indian pharma tycoon Dilip Shanghvi overtakes Mukesh Ambani to become richest Indian by market value

Shanghvi's share holdings are worth about $23.42bn as of 19 February, higher than Ambani's $21.2bn worth of shareholdings.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Gb7Bzr February 20, 2015 at 03:45PM http://ift.tt/eA8V8J

Seven arrested in India over corporate espionage in oil ministry

Official documents from the country's oil and natural gas ministry were stolen and sold to companies, media reports say.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1F136qd February 20, 2015 at 12:37PM http://ift.tt/eA8V8J

BP will have to pay up to $13.7bn in civil fines over Gulf of Mexico spill

BP has failed in its attempt to reduce its maximum civil fine.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1BtiAFM February 20, 2015 at 12:09PM http://ift.tt/eA8V8J

Apple 'sets' 2020 target for rolling out electric car 'Titan'

Bloomberg reports company already has 200-strong team for secret car project and is ramping up hiring.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1APRV6i February 20, 2015 at 11:32AM http://ift.tt/eA8V8J

India to spend $16bn on warships and submarines to counter China and Pakistan

Modi government bolstering navy in Indian Ocean and Arabian Sea.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1DuiuOQ February 19, 2015 at 02:47PM http://ift.tt/eA8V8J

Apple sued for allegedly poaching battery engineers in pursuit of new electric car

According to the lawsuit, Apple has allegedly poached on workers from A123 Systems to develop a "large scale battery division".



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1G6pkYS February 19, 2015 at 01:17PM http://ift.tt/eA8V8J

Uber to raise another $1bn from investors

Earlier, ride-sharing app start-up had received funds from China's Baidu.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/17tMnAx February 19, 2015 at 12:40PM http://ift.tt/eA8V8J

Samsung buys LoopPay as US mobile payments industry set to reach $118bn by 2018

LoopPay will strengthen Samsung's efforts to provide users with "seamless, safe, and reliable" mobile wallet solutions.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1AIWkrw February 19, 2015 at 12:01PM http://ift.tt/eA8V8J

India's iconic motorcycle brand Royal Enfield to open factory in Leicestershire

Company will spend 5bn Indian rupees (£52m, €70m, $80m) on expansion plans.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1FrKP95 February 18, 2015 at 03:59PM http://ift.tt/eA8V8J

'Effortless Everywhere': Rolls Royce reveals plans for its first SUV

New vehicle would rival Porsche's Cayenne, Mercedes-Benz's G-Wagon, Land Rover's Range Rover, and Bentley's Bentayga in the SUV segment.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Frg83G February 18, 2015 at 01:10PM http://ift.tt/eA8V8J

Snapchat seeks to raise $500m at $19bn valuation in next funding round

At $19bn, Snapchat will be third-most valuable venture-capital-backed company behind Xiaomi and Uber.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1CHlBxw February 18, 2015 at 12:19PM http://ift.tt/eA8V8J

State-owned Japan Post to acquire Australian logistics firm Toll for A$6.49bn

Acquisition has been recommended by the Toll board, but still requires approvals from shareholders and treasury.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1ENT1wD February 18, 2015 at 12:00PM http://ift.tt/eA8V8J

Uncle Sam has the secret identity of a 'terrorist breeder', claims Xinhua

Xinhua editorial comes ahead of international conference on anti-terrorism scheduled for 19 February.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Fmua6E February 17, 2015 at 03:58PM http://ift.tt/eA8V8J

Chinese New Year of the Goat: Hong Kong's Li Ka Shing tops richest Chinese list

Lee Shau Kee, Jack Ma, Wang Jianlin and Pony Ma also on list.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Mtaujy February 17, 2015 at 01:05PM http://ift.tt/eA8V8J

Ford looks to integrate Tencent's WeChat app in cars to woo Chinese drivers

Ford wants Tencent to tailor WeChat for its cars to give drivers safe, hands-free access to mobile app.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/17kgM4k February 17, 2015 at 11:57AM http://ift.tt/eA8V8J

Canada's Fairfax to buy specialty insurer Brit Plc for £1.22bn

Brit shareholders will receive £3.05 per share in cash, representing 11.2% premium to company's closing price on 16 February.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1EHiU1b February 17, 2015 at 10:46AM http://ift.tt/eA8V8J

News outlet to release more secrets of US National Security Agency obtained from cybersecurity firm in Mexico

Reports say that NSA is preparing to deal with leaks of the techniques it used in its cyber operations.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1vOTpf5 February 16, 2015 at 03:55PM http://ift.tt/eA8V8J

Flats in the world's tallest residential building under construction in Mumbai put on sale in London at £1.4m each

Interiors of the flats in the 1,450-ft World One Towers, built by Lodha group in Mumbai, are designed by Giorgio Armani.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1CzlROS February 16, 2015 at 01:24PM http://ift.tt/eA8V8J

Japan moves out of recession on higher exports and lower oil prices

GDP grew an annualised 2.2% due primarily to rebound in exports, but growth missed economists' expectations.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1L3kVsA February 16, 2015 at 12:13PM http://ift.tt/eA8V8J

Cyber criminal gang steals $1bn from 100 banks worldwide says Kaspersky report

Banks in 30 countries including Russia, US, Germany, China and Canada hit by cyber attack.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1EBo9PO February 16, 2015 at 11:41AM http://ift.tt/eA8V8J

China's Didi Dache and Kuaidi Dache merge to form $6bn ride-sharing company

Firms will operate under separate brands, with Didi CEO Wei Cheng and Kuaidi CEO Dexter Chuanwei Lu becoming co-chief executives.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1B9RVNO February 14, 2015 at 01:17PM http://ift.tt/eA8V8J

US eases import restrictions on Cuban private sector

US is looking to end its more than 50-year-long enmity with the Communist state.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1AlJhvS February 14, 2015 at 12:14PM http://ift.tt/eA8V8J

Valentine's Day 2015: Americans to spend a whopping $19bn on love, friends, family, children and pets

Average American will spend $142.31, significantly higher than $102.50 in 2009.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1A64dE4 February 14, 2015 at 11:16AM http://ift.tt/eA8V8J

South Africa: Foreigners can no longer own land

Foreigners currently own an estimated 7% of land in South Africa.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1D2MhOp February 13, 2015 at 02:43PM http://ift.tt/eA8V8J

Shire and Valeant reportedly in preparations to acquire US bowel drugmaker Salix

Salix, known for its gastrointestinal drugs, is considering its options in the midst of a management shakeup and inventory issues.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/172cIFO February 13, 2015 at 12:54PM http://ift.tt/eA8V8J

China to overtake US as largest retail market by 2018

China is expected to average annual retail volume growth of 8.7% in the next two years, despite its economic slowdown.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Auy7n6 February 13, 2015 at 11:36AM http://ift.tt/eA8V8J

IMF to provide $17.5bn loan for Ukraine under new financial rescue plan

New deal will replace $17bn loan programme announced by IMF in April, of which $4.5bn has been disbursed already.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1zOk8YI February 12, 2015 at 04:43PM http://ift.tt/eA8V8J

Edward Snowden documents: Iran might have learned advanced cyber warfare from US

NSA document leaked by Snowden, shows that cyber attacks on Iran might have helped it develop new cyber tactics and strategies.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1AepGOe February 12, 2015 at 02:21PM http://ift.tt/eA8V8J

Obama to veto Keystone XL oil pipeline bill passed by US Congress

1,179-mile pipeline is expected to carry 830,000 barrels of Canadian oil sands petroleum per day to Nebraska.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1ymCYRI February 12, 2015 at 12:23PM http://ift.tt/eA8V8J

Carl Icahn values Apple at about $1.3tn and asks Tim Cook to accelerate share repurchase

Icahn takes into account P/E ratio of 20x and net cash of $22 per share to reach $216 per share valuation for Apple shares.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1ApJlcz February 12, 2015 at 11:30AM http://ift.tt/eA8V8J

Rising concerns for Indian conglomerates Reliance and Tata in Delhi as AAP comes back in power

AAP is expected to expedite probes on power distribution companies of Reliance and Tata over pricing.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1AWzsEz February 11, 2015 at 02:50PM http://ift.tt/eA8V8J

Rosneft chief blames Opec members for 'destabilising oil market'

Igor Sechin said some countries are pursuing their personal interests and undermining other members within the oil cartel.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Cg24E8 February 11, 2015 at 12:43PM http://ift.tt/eA8V8J

Apple becomes first company with $700bn market cap as it inks $850m solar power supply deal

Company signs $850m deal with First Solar Inc, which will supply electricity to its new campus in Silicon Valley and its offices and stores in California.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1AaTefG February 11, 2015 at 11:51AM http://ift.tt/eA8V8J

Canon to acquire Swedish security camera maker Axis for $2.83bn

Board of Axis decided to recommend shareholders to accept offer.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1AeMoEy February 10, 2015 at 03:20PM http://ift.tt/eA8V8J

Microsoft and Samsung settle dispute related to Android royalties

Microsoft had filed a case against Samsung in New York in 2013, accusing the smartphone maker of breaching collaboration agreement.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1z3kqaq February 10, 2015 at 12:31PM http://ift.tt/eA8V8J

Qualcomm cuts earnings outlook after $975m antitrust fine in China

Chipmaker reaches settlement with Chinese government and agrees to pay $975m fine over antitrust violations.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1uynPl0 February 10, 2015 at 11:55AM http://ift.tt/eA8V8J

Standard Chartered targets wealthier clients to bolster retail banking and considers launching Dubai desk

Bank will consider starting desk in Dubai for Japanese clients who wish to expand business in Middle East.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Dw943S February 09, 2015 at 03:57PM http://ift.tt/eA8V8J

HSBC leaked list: 1,195 Indians including country's richest Mukesh Ambani have Swiss accounts

With combined balance of about $4.1bn, India is ranked No. 16 among countries with largest dollar amounts in leaked Swiss files.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1A4x5Q1 February 09, 2015 at 01:24PM http://ift.tt/eA8V8J

HSBC admits failures at Swiss subsidiary that helped tax dodgers

Media reports earlier revealed that HSBC's Swiss private bank helped wealthy clients across globe dodge income taxes.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1IA8VB0 February 09, 2015 at 11:53AM http://ift.tt/eA8V8J

Weird currencies: Bitcoin, pigs, goats, hair, candy, bottle caps and more

While supporters think digital currencies are superior to other forms, critics say they are weird.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1CDUNmA February 07, 2015 at 03:43PM http://ift.tt/eA8V8J

ComRes/New Direction poll: David Cameron's EU reforms backed by half of bloc's voters

People in major European countries found to be supporting Cameron's view on EU reforms.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1zHULGT February 07, 2015 at 02:50PM http://ift.tt/eA8V8J

'War on Terror' has cost US a whopping $1.7tn until now

Afghanistan and Iraq cost US huge sums, several times more than what was spent on Vietnam War.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1DoVMpR February 07, 2015 at 01:07PM http://ift.tt/eA8V8J

JPMorgan under 'scrutiny' over hiring Chinese commerce minister's son

Federal prosecutors reportedly see Gao Jue's hiring as violation of US Foreign Corrupt Practices Act.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1KqUNYq February 07, 2015 at 12:22PM http://ift.tt/eA8V8J

Twinings stops 'tea-sing' promotion linked to R-rated movie 'Fifty Shades of Grey'

Movie faces rising protests from groups that say it glorifies sexual violence against women.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1zhrLSz February 07, 2015 at 11:24AM http://ift.tt/eA8V8J

Siemens to axe 7,800 jobs worldwide in €1bn cost-cutting drive

Company will cut 3,300 jobs in home country Germany.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1FdG4gm February 06, 2015 at 04:15PM http://ift.tt/eA8V8J

Reuters report on possible Samsung-BlackBerry deal faces regulator scrutiny

Reuters report on 14 January said Samsung was planning to acquire BlackBerry for about $7.5bn, but the news was denied by the companies.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1zeDjWG February 06, 2015 at 02:06PM http://ift.tt/eA8V8J

Viagra maker Pfizer taking over Hospira in $17bn deal

Pfizer will acquire peer Hospira that offers injectable drugs and biosimilars.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/16nC6W3 February 06, 2015 at 12:25PM http://ift.tt/eA8V8J

China suspected to have sponsored cyberattack on US health insurer Anthem

Hacking attack on Anthem is expected to have exposed sensitive information of some 80 million people.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1v3FM5C February 06, 2015 at 11:47AM http://ift.tt/eA8V8J

Samsung to produce A9 chips to be used in next Apple iPhone

Samsung's technological edge in using latest manufacturing process prompted Apple to select company.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1LPnobq February 05, 2015 at 04:31PM http://ift.tt/eA8V8J

Greek finance minister: ECB's decision to disqualify Greek bonds as collateral would not affect financial sector

ECB earlier lifted waiver of minimum credit rating requirements for marketable instruments issued or guaranteed by Greek government.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1xnApOO February 05, 2015 at 01:16PM http://ift.tt/eA8V8J

US health insurer Anthem suffers massive hacking attack

Information such as names, birthdays, medical IDs/social security numbers and email addresses accessed.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1LOMxD1 February 05, 2015 at 12:21PM http://ift.tt/eA8V8J

South Korea looks to ban Uber after rejecting its licensing proposal

South Korea cites oversupply in taxi market and raises concern that unorganised operators would be hit.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1KfQSh0 February 05, 2015 at 11:27AM http://ift.tt/eA8V8J

China's Xinhua slams Western media bias against Brics, calls it 'zero-sum thinking'

Xinhua says Western media have been prejudiced and short-sighted in their portrayal of the Brics group.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1KqYprx February 04, 2015 at 05:06PM http://ift.tt/eA8V8J

Hurun Global Rich List 2015: India overtakes Russia to claim third spot on billionaires' list

According to the Hurun Global Rich List for 2015, UK was on fifth place with a total of 80 billionaires.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1zevNzE February 04, 2015 at 03:23PM http://ift.tt/eA8V8J

Pimco's Total Return Fund hit by 21st straight month of outflows

In January, investors withdrew $11.6bn from the fund, taking total redemptions between September and January to $91.5bn.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1xd9gOn February 04, 2015 at 12:36PM http://ift.tt/eA8V8J

Amazon in talks to buy some RadioShack stores in major push into brick-and-mortar retail

The e-commerce giant has discussed acquiring some of the stores of RadioShack to showcase its hardware products.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1ze1Lw9 February 04, 2015 at 12:19PM http://ift.tt/eA8V8J

McDonald's special sauce on auction gets $18,000 bid

Sauce bottle on auction is first of only 200 500ml bottles being produced across globe.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/16e0mu8 February 03, 2015 at 05:12PM http://ift.tt/eA8V8J

BP to cut 2015 spending by up to $6bn as lower oil prices hit profits

Underlying profit for fourth quarter declined by 20% year on year to $2.2bn, while full-year profit declined 10% to $12.1bn.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1AmTOGL February 03, 2015 at 01:44PM http://ift.tt/eA8V8J

Google denies report it is preparing ride-hailing service rivalling Uber

Bloomberg earlier reported that Google informed Uber's board of its new plan.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1uSVPTM February 03, 2015 at 12:24PM http://ift.tt/eA8V8J

Former IMF head Dominique Strauss-Kahn on trial for pimping

If convicted, he could face up to 10 years in prison and a fine of €1.5m.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1EAfkJF February 02, 2015 at 06:40PM http://ift.tt/eA8V8J

China's Dagong undermines Western sanctions on Russia, rates Gazprom's debt at top AAA

Sanctions imposed by US and EU pose little impact on repayment capacity of Gazprom, says Dagong.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1BTzaMi February 02, 2015 at 05:05PM http://ift.tt/eA8V8J

India revises up fiscal 2013 GDP growth to 6.9% from 4.7%

Country changed way of measuring national income, bringing it closer to international norms.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1D4Ajm2 February 02, 2015 at 01:23PM http://ift.tt/eA8V8J

Lafarge and Holcim to sell assets worth €6.5bn to Ireland's CRH ahead of $40bn mega merger

CRH beat a consortium led by US private equity giant Blackstone, which was also looking to buy assets.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1z4yuUs February 02, 2015 at 12:34PM http://ift.tt/eA8V8J

Moody's faces US probe over mortgage deal ratings issued ahead of financial crisis

Probe on to determine if firm compromised standards to get business while issuing ratings..



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1tTBGlj February 02, 2015 at 11:43AM http://ift.tt/eA8V8J