Warren Buffett: Grexit 'may not be bad for euro'

Member countries could ink better agreements about fiscal policy if Greece decides to leave single currency, according to Berkshire Hathaway CEO.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1I3mUOB April 01, 2015 at 11:59AM http://ift.tt/eA8V8J

Web hosting firm GoDaddy valued at $4.5bn in IPO

Company priced shares at $20 apiece above the previously indicated $17 to $19 per share range.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/19Cd5sj April 01, 2015 at 11:04AM http://ift.tt/eA8V8J

US oil production growth at 100-year high in 2014 due to shale boom

During 2014, US oil production increased by 1.2 million barrels per day to 8.7 million barrels per day.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1MsTuMS March 31, 2015 at 04:16PM http://ift.tt/eA8V8J

Elon Musk, Evan Spiegel and Palmer Luckey among CEOs who made their fortune before 30

SpaceX, Snapchat and Oculus bosses among those who struck gold before 30.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1OU0EIW March 31, 2015 at 03:25PM http://ift.tt/eA8V8J

Apple hoards 89% of cash overseas fearing high US tax rates

Apple has $158bn of cash kept overseas – the largest among all S&P 500 companies, according to JPMorgan report.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1ILQYM1 March 31, 2015 at 02:10PM http://ift.tt/eA8V8J

Jailed bitcoin entrepreneur Charlie Shrem ponders using currency in prison

Shrem names prison version of bitcoin Mackerelcoin, or MAK, which could be used by inmates for various transactions.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1NxVnD9 March 31, 2015 at 01:10PM http://ift.tt/eA8V8J

India starts purchases from Iraq for strategic oil reserve

Indian Oil Corp buys two million barrel cargo of Iraqi crude from Chinese trader Unipec.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Ih4K8J March 31, 2015 at 11:53AM http://ift.tt/eA8V8J

Taiwan to apply for AIIB membership as it seeks to join various international bodies

Fate of application uncertain as Taiwan does not have diplomatic relations with China.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1MrYFNa March 31, 2015 at 11:22AM http://ift.tt/eA8V8J

New BoE stress test to include global economic crash scenario

Upcoming test of Britain's seven largest banks and building societies will gauge whether they can withstand a global crisis.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/19nZftg March 30, 2015 at 04:49PM http://ift.tt/eA8V8J

Bitcoin: Blockchain could become 'safe haven' for hosting child sexual abuse images

Interpol cyber threat research finds fixed open space on blockchain where data can be stored and referenced within encrypted transactions.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1BVFEqK March 30, 2015 at 03:54PM http://ift.tt/eA8V8J

NSA considered winding up of phone tapping project before Edward Snowden leaks

Some NSA officials believed that secret programme's costs were too high, taking into account its limited counterterrorism benefits.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1MmHkFa March 30, 2015 at 03:11PM http://ift.tt/eA8V8J

Denmark becomes latest European nation to apply for AIIB membership

Denmark is viewing the establishment of the AIIB as "a significant and exciting development in the world order".



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1xrI4SC March 30, 2015 at 12:54PM http://ift.tt/eA8V8J

Europe's big banks cut 21,500 jobs in 2014 as banking sector woes continue

Six of the biggest banks in the US cut a total of 37,500 jobs in 2014, compared to 45,700 in 2013.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GFUVCS March 30, 2015 at 12:13PM http://ift.tt/eA8V8J

British Airways suffers hacking attack, thousands of frequent flyer accounts affected

British Airways has frozen tens of thousands of frequent flyer accounts that were infiltrated by hackers.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1MlZI19 March 30, 2015 at 11:19AM http://ift.tt/eA8V8J

China accepts Britain and Switzerland as AIIB founding members as Russia decides to join bank

Britain was first major Western country to apply to be AIIB founding member.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/19rNmlK March 28, 2015 at 03:05PM http://ift.tt/eA8V8J

Singapore PM Lee Hsien Loong remains highest paid country leader with $1.7m annual salary

Lee's current pay is equivalent to combined annual pay of leaders of France, Germany, Italy, Japan and UK.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1BvknV2 March 28, 2015 at 01:34PM http://ift.tt/eA8V8J

Intel in talks to buy FPGA specialist Altera in its largest deal ever

Intel is in advanced talks to acquire chip partner Altera Corp in deal with possible valuation of more than $10bn.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GyPbuF March 28, 2015 at 12:46PM http://ift.tt/eA8V8J

Ellen Pao loses gender bias case, but supporters applaud brave attempt

Supporters of Pao sent Twitter messages with hashtag, #ThankYouEllenPao, immediately after final verdict that favoured Kleiner Perkins Caufield & Byers.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1NnlfBP March 28, 2015 at 11:58AM http://ift.tt/eA8V8J

Microsoft and Yahoo likely to end US search alliance as Google remains market leader

Yahoo and Microsoft have extended deadline to re-negotiate the deal by 30 days.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1EeQrU2 March 28, 2015 at 11:39AM http://ift.tt/eA8V8J

South Korea and Turkey latest to apply for AIIB membership

As of 27 March, there are 37 countries and regions that have applied to become founding members of AIIB.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1ICMsj9 March 27, 2015 at 03:51PM http://ift.tt/eA8V8J

RBS confirms sale of Coutts International to Swiss bank UBP

Price paid will be determined in part by assets under management on closing, RBS says.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1NgMyQ3 March 27, 2015 at 01:51PM http://ift.tt/eA8V8J

US dollar influence on gold prices likely to diminish amid huge demand from emerging markets

World Gold Council says US centric explanations about gold prices are risky for investors.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1CfTyaQ March 27, 2015 at 12:40PM http://ift.tt/eA8V8J

American Apparel's ousted CEO Dov Charney seeks $40m in damages

Charney was fired in 2014 for allegedly misusing corporate funds and helping to spread nude photos of former employee.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1HPioTN March 27, 2015 at 11:49AM http://ift.tt/eA8V8J

Apple CEO Tim Cook to donate all his $785m fortune to charity

Speaking with Fortune, Cook also said his coming out as gay was viewed internally at Apple as a 'yawner'.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1H3eUtp March 27, 2015 at 11:15AM http://ift.tt/eA8V8J

List of countries with highest employee income tax rates

Single person on average salary with no children will have to pay highest income tax rate in Belgium, amounting to 42.8%.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1CR1T6J March 26, 2015 at 03:27PM http://ift.tt/eA8V8J

Treasury collects another £500m as it reduces Lloyds stake below 22%

UK took 40% stake in Lloyds when it was bailed out in 2009.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GYbKXR March 26, 2015 at 02:05PM http://ift.tt/eA8V8J

Beijing set to be headquarters of China-led AIIB

Signing parties of memorandum of preparation for AIIB have unanimously agreed to set up AIIB's headquarters in Beijing.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1E2MUIu March 26, 2015 at 01:01PM http://ift.tt/eA8V8J

Motorola Mobility found infringing on one of Intellectual Ventures' patents

US jury finds Motorola infringed on Intellectual Ventures' patent on multimedia messaging.



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

Kraft Foods to merge with H.J. Heinz creating world's fifth-largest food company

Combined entity will be named The Kraft Heinz Company, and will be headed by Bernardo Hees, CEO of Heinz.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Bm21Xp March 25, 2015 at 04:54PM http://ift.tt/eA8V8J

Austria set to become sixth European country to join China-led AIIB

Austria has decided to participate in the AIIB after cabinet meeting, Xinhua news agency reports.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1CO0yOe March 25, 2015 at 01:35PM http://ift.tt/eA8V8J

New Delhi government seeks to block Uber and Ola mobile apps in Indian capital

The New Delhi government has asked India's Information Technology ministry to block the mobile apps of the two taxi service providers.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/18Whcin March 25, 2015 at 12:17PM http://ift.tt/eA8V8J

AeroVironment and Lockheed Martin to produce army drones in India for exports

US earlier agreed to produce four defence technologies in India, when Barack Obama visited New Delhi in January.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1N6JTIw March 25, 2015 at 11:50AM http://ift.tt/eA8V8J

Brazil's 3G Capital in talks to buy Kraft Foods for over $40bn

Shares in Kraft rose more than 16% in after hours trading following news.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1brNaVn March 25, 2015 at 10:46AM http://ift.tt/eA8V8J

Nasdaq technology to power institutional investor-focused bitcoin exchange

Nasdaq reached an agreement with Noble Markets to provide its X-stream trading technology for New York start-up's new digital currency marketplace.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Fz3HmO March 24, 2015 at 04:46PM http://ift.tt/eA8V8J

Japan finds AIIB-ADB cooperation difficult due to difference in rules

Japanese Finance Minister provided cautious outlook about cooperation between China-led AIIB and ADB that is dominated by Japan and US.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GbeHpG March 24, 2015 at 01:51PM http://ift.tt/eA8V8J

Cantor Fitzgerald analyst values Apple at $1tn

Cantor's Brian White has set the highest price target for Apple at $180, up from $160.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1BJWLMi March 24, 2015 at 11:40AM http://ift.tt/eA8V8J

Hutchison Whampoa and Telefónica to finalise £10.5bn O2 deal soon

Companies encountered no major issues during the two months of due diligence, according to Financial Times.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1CTCxH2 March 24, 2015 at 11:17AM http://ift.tt/eA8V8J

World Bank, IMF welcome Asian Infrastructure Investment Bank; say this will boost global infrastructure development

China-led initiative has been widely expected to rival other international finance institutions.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1B7XTu7 March 23, 2015 at 03:34PM http://ift.tt/eA8V8J

State-owned ChemChina to buy Formula 1 tyre maker Pirelli for $7.7bn

ChemChina to acquire 26% stake in Italian firm owned by Camfin, which is controlled by the family of Pirelli boss Marco Tronchetti Provera.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1LMOnqD March 23, 2015 at 12:11PM http://ift.tt/eA8V8J

Citigroup gets US court's approval to process two Argentine bond payments

Ruling expected ease tensions between bank and Argentina, which is seeking to overcome deadlock brought by lawsuit with hold-out funds.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1CPgtxk March 23, 2015 at 11:24AM http://ift.tt/eA8V8J

Oil prices down as Opec remains stern about production levels

Saudi Arabia's oil minister earlier said it is not sole responsibility of Opec to raise oil prices.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1LMCW22 March 23, 2015 at 10:58AM http://ift.tt/eA8V8J

India considers foreign investment to build 12 million ton oil reserves

Five new oil reserves can ensure more than one month of supply in India in case of disruptions.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1C8JfXh March 21, 2015 at 03:34PM http://ift.tt/eA8V8J

AIIB: Switzerland applies to join Asian infrastructure bank as South Korea reconsiders stance

Applications by prominent countries such as Britain, Germany and France prompt many others to join AIIB.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1xJCDJN March 21, 2015 at 01:24PM http://ift.tt/eA8V8J

China's Huawei top international patent filer ahead of Qualcomm and ZTE

Japan's Panasonic and Mitsubishi Electric at third and fourth spots in 2014.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1MSPHW5 March 21, 2015 at 11:35AM http://ift.tt/eA8V8J

Alzheimer's drug trial results boost Biogen Idec market cap by $40bn

US drugmaker's market cap has risen fivefold over last five years.



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

TSB shares up 1.86% after £1.7bn deal announcement with Spain's Sabadell bank

TSB shares are trading up 1.86% at £3.33 as at 9.25am GMT.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1H9YliB March 20, 2015 at 03:33PM http://ift.tt/eA8V8J

Holcim-Lafarge mega merger move revived as parties revise terms

Shareholders in Swiss group Holcim will now receive 10 Lafarge shares for every nine of their own.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1MPzcKc March 20, 2015 at 02:58PM http://ift.tt/eA8V8J

Japan to consider joining China-backed AIIB if governance and environmental issues are met

Finance minister Taro Aso said Japan would consider AIIB membership from diplomatic and economic viewpoints.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1OceBl1 March 20, 2015 at 12:49PM http://ift.tt/eA8V8J

Council of Europe panel asks US to let Edward Snowden return home

Resolution drafted by Dutch delegate Pieter Omtzigt also encourages member states to grant asylum to whistle-blowers.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1I3rVni March 20, 2015 at 12:15PM http://ift.tt/eA8V8J

Tag Heuer teaming up with Intel to launch smartwatch version of Carrera model

By next autumn, Tag Heuer plans to launch the smartwatch version of its popular Carrera model that is expected to rival Apple Watch.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1BZmeGf March 19, 2015 at 04:37PM http://ift.tt/eA8V8J

India to build huge petroleum reserve with oil from Basra in Iraq

State-owned Indian Oil and Hindustan Petroleum to import eight million barrels of Iraqi oil.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1H4GaKZ March 19, 2015 at 01:15PM http://ift.tt/eA8V8J

Target agrees $10m settlement with customers hit by massive data breach

Company will establish a $10m fund for victims, who will get up to $10,000 each.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1MQ0X3C March 19, 2015 at 12:15PM http://ift.tt/eA8V8J

Sharp not decided on job cuts but considers options for structural reforms

Media reports earlier said the company would slash about 6,000 jobs within Japan and across the globe.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1BYmS73 March 19, 2015 at 11:39AM http://ift.tt/eA8V8J

Russian billionaire Mikhail Fridman to sell North Sea assets amid growing government pressure

Possible sale of the assets would help avoid high-profile legal battle with British government.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1BxtzYB March 18, 2015 at 05:35PM http://ift.tt/eA8V8J

American Apparel gets another advert banned over child sexualisation

Advertising Standards Authority banned ad saying female model looked under 16 years of age.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/190Brev March 18, 2015 at 04:13PM http://ift.tt/eA8V8J

North American and European firms lose $39.54bn revenues on currency headwinds

North American companies' losses increased by 53% to $27.13bn in 2014.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/18G8Yee March 18, 2015 at 01:24PM http://ift.tt/eA8V8J

Libor fixing scandal: FCA bans convicted ex-Rabobank trader Paul Robson

Paul Robson earlier pleaded guilty in the US to attempts to manipulate benchmark interest rate.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GVa94L March 18, 2015 at 12:06PM http://ift.tt/eA8V8J

Michael Schumacher is richest Formula One driver ever with $780m fortune

Fernando Alonso, racing for McLaren-Honda, is second and Lewis Hamilton fifth.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Lmu8zO March 17, 2015 at 02:21PM http://ift.tt/eA8V8J

PetroChina vice chairman Liao Yongyuan investigated for graft

Liao is the latest among prominent business figures being targeted in China's anti-corruption campaign.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GPQFOG March 17, 2015 at 01:49PM http://ift.tt/eA8V8J

France, Germany and Italy to join China-led AIIB following Britain

Other countries looking to join Asian Infrastructure Investment Bank include Australia, South Korea, Switzerland and Luxembourg.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1BP0M6S March 17, 2015 at 11:54AM http://ift.tt/eA8V8J

Valeant sweetens bid for Salix Pharma to $10.96bn to beat rival Endo International

Endo International, which was the only remaining bidder for Salix, has withdrawn from its attempt.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/18VjqOQ March 17, 2015 at 11:18AM http://ift.tt/eA8V8J

Pinterest raises $367m at $11bn valuation

The company is currently one of the most highly valued startups by venture capitalists.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Cqeuz2 March 17, 2015 at 10:45AM http://ift.tt/eA8V8J

Apple in talks to launch web TV service on iOS devices

Apple in talks with Walt Disney, CBS and 21st Century Fox to offer slimmed-down bundle of TV networks this fall.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1DuSP8S March 17, 2015 at 09:46AM http://ift.tt/eA8V8J

WPP boss Sir Martin Sorrell set to receive £36m payment under stock award plan

Sorrell will receive more than 2.3 million WPP shares worth £36.04m for 2014.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1AM3Onk March 16, 2015 at 04:18PM http://ift.tt/eA8V8J

Activist investor Elliott nominates three new directors to 'improve' Alliance Trust

Elliott Advisors has noted that Alliance's investment portfolio is persistently underperforming against benchmarks and that of rivals.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/19qL7jv March 16, 2015 at 03:00PM http://ift.tt/eA8V8J

Christine Lagarde: India's GDP to exceed that of Japan and Germany combined by 2019

The Indian economy is expected to more than double in size by 2019, compared to 2009, says the IMF managing director.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Bo8gsy March 16, 2015 at 02:00PM http://ift.tt/eA8V8J

US officials confident of arresting JPMorgan hackers

Criminal complaint against hackers expected to filed in coming months.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Epgi98 March 16, 2015 at 01:01PM http://ift.tt/eA8V8J

Lib Dems claim new rent-to-own scheme will help first-time home buyers who lack big deposits

Lib Dems claim 'rent-to-own' scheme will help first-time home buyers struggling to raise deposits.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GDkmT9 March 14, 2015 at 03:32PM http://ift.tt/eA8V8J

FX fixing scandal: US seeking about $4bn from RBS and other global banks

RBS, Barclays, Citigroup, JPMorgan Chase and UBS would have to pay about $1bn each.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GORFGq March 14, 2015 at 12:47PM http://ift.tt/eA8V8J

US lawsuit against BlackBerry over BlackBerry 10 dismissed

District Judge Thomas Griesa in Manhattan says accusation of stock manipulation by BlackBerry not proved.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1FcBxMT March 14, 2015 at 11:38AM http://ift.tt/eA8V8J

India telecom spectrum auction bids cross one trillion rupees

Operators' commitments totalled about Rs1.02tn after the 49 rounds of bidding.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1BApV5a March 13, 2015 at 05:02PM http://ift.tt/eA8V8J

India inflation unexpectedly rises, making central bank's policy easing job trickier

CPI inflation rose to 5.37% year on year in February from an upward revised 5.2% in January



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1HQ2aH7 March 13, 2015 at 12:53PM http://ift.tt/eA8V8J

Britain draws US criticism over move to join China-led Asian Infrastructure Investment Bank

British government says AIIB can complement work of World Bank and Asian Development Bank.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/18FQ4ne March 13, 2015 at 11:16AM http://ift.tt/eA8V8J

FT: US ban on oil exports is a strategic mistake

Restricted exports of US crude is prime reason for $9 discount of West Texas Intermediate to Brent crude, says FT.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1FE61FH March 10, 2015 at 01:38PM http://ift.tt/eA8V8J

Argentina demands HSBC repatriate $3.5bn of offshored client funds

Ricardo Echegaray, head of Argentina's tax authority said tax officials identified 4,040 bank accounts held by Argentinian individuals and companies in Switzerland.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1AZbvq6 March 10, 2015 at 11:50AM http://ift.tt/eA8V8J

Apple Watch: iPhone maker faces competition from Samsung, Pebble and Sony

In 2014, 89 companies sold 6.8 million smartwatches across world and average price per watch worked out to $189.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GlYzz9 March 10, 2015 at 11:07AM http://ift.tt/eA8V8J

Indonesia's Salvo Sports apologises for label saying washing is women's job

Label on shirts of Super League team Pusamania Borneo criticised for being sexist.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1AV3KBr March 09, 2015 at 03:08PM http://ift.tt/eA8V8J

China to launch yuan-centred international payments system before December

China International Payment System is expected to be launched as early as September or October.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1EJ7ewV March 09, 2015 at 01:44PM http://ift.tt/eA8V8J

Rupert Murdoch's News Corp to buy Indian tech media firm VCCircle

Tech media firm specialises in digital data, information, training and conferences network.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1EIVDht March 09, 2015 at 12:48PM http://ift.tt/eA8V8J

Standard Chartered may consider shifting headquarters to Asia at board meeting in India

London-based bank generates about 90% of its earnings from Asia, Africa and the Middle East.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1HkK0wT March 09, 2015 at 11:59AM http://ift.tt/eA8V8J

FBI investigating apparent Isis attacks on western websites

Someone with apparent links to Islamist terrorist group Isis hacked hundreds of websites in US and Europe over the weekend.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1EIFhoV March 09, 2015 at 11:35AM http://ift.tt/eA8V8J

Apple set to join Dow Jones index after Visa's 4-for-1 stock split

Apple will offset reduction in weighting of IT sector on index due to Visa's stock split



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1MdXqf0 March 07, 2015 at 03:09PM http://ift.tt/eA8V8J

BP gives up attempt to remove Patrick Juneau as spill claims administrator

BP which had accused Juneau of awarding improper payouts, sees improvement in payment procedure.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/18ZexVT March 07, 2015 at 01:11PM http://ift.tt/eA8V8J

Facebook, BMW and United Continental test smartwatch apps at Apple's secret lab

Apple has allowed certain companies to fine-tune their apps on its Watch, which is due to be launched in April.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1FofEsb March 07, 2015 at 11:46AM http://ift.tt/eA8V8J

Der Spiegel: Lionel Messi might have personally benefited from charity games

Documents obtained by Der Spiegel fuel suspicion that six charity games were conducted for benefit of players and agents.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Fj4mW1 March 06, 2015 at 03:56PM http://ift.tt/eA8V8J

China to invest $260bn in infrastructure projects to arrest growth slowdown

China will invest massive amounts in railway construction and major water conservancy projects.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1BNpQLE March 06, 2015 at 12:44PM http://ift.tt/eA8V8J

George Osborne wants to 'get rid of' RBS shares as quickly as possible after general election

Chancellor admits he made a mistake by not restructuring RBS in 2010, and says he wants to put its shares in 'good hands of the private sector'.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1w9viHU March 06, 2015 at 11:56AM http://ift.tt/eA8V8J

Commerzbank nearing $1.4bn settlement with US authorities over various charges

Charges against bank, in which German government has stake, include violations of sanctions.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1DZtO31 March 06, 2015 at 11:05AM http://ift.tt/eA8V8J

Malware presence on internet rises by 159% in 2014

Cyber security firm CYREN says the average daily number of emails containing malware increased by 50% to 2.5 billion.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1EiAQCS March 05, 2015 at 05:52PM http://ift.tt/eA8V8J

HBO in talks with Apple and Google to promote web-only service

HBO is in talks with five companies including Apple and Google to promote HBO Now.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1EoJm1s March 05, 2015 at 01:33PM http://ift.tt/eA8V8J

AbbVie buys blockbuster blood cancer drug maker Pharmacyclics for $21bn

Pharmacyclics makes Imbruvica approved for treatment of three different types of blood cancer.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1FcuKRl March 05, 2015 at 12:29PM http://ift.tt/eA8V8J

China cuts 2015 growth target to 7%

At 7%, China's growth rate will be lowest for about 25 years.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/18SjkZ8 March 05, 2015 at 11:19AM http://ift.tt/eA8V8J

India cuts interest rates for second time in 2015

Repo and reverse repo rates reduced by 25 basis points, to 7.50% and 6.50% respectively.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1DMJe88 March 04, 2015 at 04:53PM http://ift.tt/eA8V8J

'Apple chopped our legs', says Indian firm that challenges 'iPhone' trademark

India-based iVoice Enterprises filed lawsuit with Intellectual Property Appellate Board of India, asking to remove or rectify Apple's 'iPhone' trademark.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1M4POvr March 04, 2015 at 03:40PM http://ift.tt/eA8V8J

RBS to cut up to 14,000 investment banking jobs over four years

RBS had earlier announced plans to reduce its presence to 13 countries from 38 countries at present.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GQrHzw March 04, 2015 at 11:57AM http://ift.tt/eA8V8J