France is still No 1 wine producer with vineyard area lower than China

Wine exports brought about €7.7bn to French economy during 2014.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1JW5dOu May 01, 2015 at 11:56AM http://ift.tt/eA8V8J

Chad receives $1.1bn debt relief from IMF and World Bank

Funding comes from Heavily Indebted Poor Country Initiative and Multilateral Debt Relief Initiative.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1HWNRSC May 01, 2015 at 11:27AM http://ift.tt/eA8V8J

China's manufacturing sector expands modestly on monetary easing and infrastructure projects

Official manufacturing purchasing managers' index, which measures performance of large industrial firms, remained at 50.1 in April.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1dzrjML May 01, 2015 at 10:47AM http://ift.tt/eA8V8J

Apple may face estimated $2.5bn bill over alleged tax avoidance in Europe

Apple warned European Commission's investigation into tax deals with Ireland could have 'material' impact, if decision goes against it.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GIfpd6 April 30, 2015 at 03:56PM http://ift.tt/eA8V8J

Zoopla to buy price comparison site uSwitch for £160m

Sites will continue to operate as separate brands.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1zsLKVK April 30, 2015 at 02:05PM http://ift.tt/eA8V8J

Goldman Sachs leads $50m funding round for bitcoin firm Circle

Bank has led $50m funding round with Chinese investment firm, IDG Capital Partners, for bitcoin payment technology firm Circle.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Fzj12c April 30, 2015 at 12:21PM http://ift.tt/eA8V8J

Oracle seen as frontrunner for takeover of Salesforce

Microsoft, SAP and IBM reported to be among potential bidders.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1QMT0AT April 30, 2015 at 11:10AM http://ift.tt/eA8V8J

Sainsbury's defends its cause and refutes claims after CEO Mike Coupe's conviction in Egypt

CEO Mike Coupe was convicted over claims that in July 2014 he tried to seize cheques connected with the collapse of business it invested in 16 years ago.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1EnIJoe April 29, 2015 at 04:28PM http://ift.tt/eA8V8J

Bloomberg poll: Investors favour Europe above US as lure for China wanes

Weakness in euro and lower oil prices are expected boost output in eurozone.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1zn3bXK April 29, 2015 at 01:14PM http://ift.tt/eA8V8J

Twitter co-founders suffer combined $750m loss after stock crash

Following Twitter's weak first quarter results, shares closed down more than 18% on 28 April.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1EBPvrU April 29, 2015 at 12:00PM http://ift.tt/eA8V8J

Wal-Mart to open 115 new China stores, creating 30,000 jobs

US retailer already operates more than 400 stores in China.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1HXGa08 April 29, 2015 at 11:28AM http://ift.tt/eA8V8J

Strategy Analytics: Samsung remains No.1 mobile phone vendor despite tough competition from Apple

Strong demand for Samsung's new Galaxy S6 helped company, despite dip in total shipments and market share.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1bcLdeG April 29, 2015 at 11:01AM http://ift.tt/eA8V8J

HSBC considering spinning off UK retail operations and reviving old Midland bank

Spin-off could speed up exit of HSBC from UK amid move to shift headquarters.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GnDAdX April 27, 2015 at 12:43PM http://ift.tt/eA8V8J

Downing Street to oppose potential foreign takeover bids for BP

Downing Street's warning to BP comes as Anglo-Dutch oil major Royal Dutch Shell reached deal to buy UK-based BG Group for $70bn.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1z4g5cw April 27, 2015 at 10:40AM http://ift.tt/eA8V8J

Nepal earthquake: IMF aid likely as toll reaches 3,200

Nepal eligible for assistance fromIMF's new Catastrophe Containment and Relief Trust.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1b5aaJ1 April 27, 2015 at 08:34AM http://ift.tt/eA8V8J

Election 2015: Mansion tax 'squeezing the rich is a dangerous game' says property expert

Labour proposal to tax UK houses worth £2m and would have severe economic costs, according to experts.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1IUoI9N April 25, 2015 at 03:16PM http://ift.tt/eA8V8J

True cost of owning a super yacht

Super yacht that is 100-metre long with 25 knots top speed and 50 crew should cost about $275m on average.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1bD2dvN April 25, 2015 at 01:20PM http://ift.tt/eA8V8J

Apple Watch in UK: Higher iPhone adoption and app addiction likely to help drive sales

In Britain, iPhone owners accounted for 30.8% of all smartphone users in 2014, up from 27.8% in 2013, according to eMarketer.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1z3yPJB April 25, 2015 at 12:51PM http://ift.tt/eA8V8J

Sony's profit expected to more than quadruple after painful restructuring

Sony is expected to benefit from reduced costs and higher sales of display sensors and Playstation 4 gaming consoles.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GtnZPp April 25, 2015 at 11:23AM http://ift.tt/eA8V8J

Target's $19m settlement with MasterCard challenged by banks

Settlement amount is meagre as compared to actual costs and losses, according to motion filed by banks.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1yVRzKG April 24, 2015 at 03:58PM http://ift.tt/eA8V8J

Europe considers more powerful regulator to control Google and Facebook

Document prepared by senior officials for EU Digital Commissioner Günther Oettinger talks about 'EU-wide body' with increased power.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1zTASup April 24, 2015 at 02:00PM http://ift.tt/eA8V8J

Microsoft: Satya Nadella's cloud-focused turnaround bearing fruit

Microsoft reports revenues of $21.73bn for third quarter, up 6% from same quarter in 2014.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1ElElr5 April 24, 2015 at 12:38PM http://ift.tt/eA8V8J

Google shares up 3% on higher first-quarter revenues and earnings

Company reported revenues of $17.3bn for first quarter, up 12% from previous year.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GdIVod April 24, 2015 at 11:32AM http://ift.tt/eA8V8J

Sainsbury's to axe 800 jobs in £500m cost-cutting drive

Sainsbury's will remove 'department and deputy managers' from some stores and replace its night shift with early morning and evening shifts.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1PnotYQ April 23, 2015 at 04:01PM http://ift.tt/eA8V8J

Mercedes-Benz fined $57m in China over price fixing

Regulators in China's Jiangsu province accused company of forcing local dealers into fixing prices on luxury cars and some spare parts.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1HYnA6X April 23, 2015 at 02:23PM http://ift.tt/eA8V8J

Facebook is now more 'populous' than China with 1.44 billion monthly active users

Facebook's monthly active users were 1.44 billion as of 31 March, representing an increase of 13% year-on-year.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1OJEDcX April 23, 2015 at 01:24PM http://ift.tt/eA8V8J

China's manufacturing sector continues to contract despite improved overseas demand

HSBC flash China manufacturing PMI fell to 49.2 in April compared to 49.6 in March.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1JffZT6 April 23, 2015 at 11:38AM http://ift.tt/eA8V8J

Bank of America agrees to pay £13.3m FCA fine for reporting transactions incorrectly

The bank had incorrectly reported more than 35 million transactions and failed to report around 121,387 transactions over seven years.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1ErGR0U April 22, 2015 at 05:23PM http://ift.tt/eA8V8J

Google set to announce low-cost US wireless service soon

Intensifying competition, Google's service would allow customers to pay only for amount of data they actually use each month.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1J9Twqn April 22, 2015 at 12:59PM http://ift.tt/eA8V8J

Japan set to open first nuclear plant after Fukushima disaster as court rules in favour of Sendai power station

Prime Minister Shinzo Abe looks to restart nuclear reactors to address Japan's rising energy needs, despite protests from activists.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1aR76zT April 22, 2015 at 12:52PM http://ift.tt/eA8V8J

Standard Chartered renews Liverpool shirt deal at £30m per season

New contract has time-frame of three years, running until May 2019.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1K3KAAH April 22, 2015 at 11:41AM http://ift.tt/eA8V8J

Britain gives Russia's Mikhail Fridman maximum 6 months time to complete sale of North Sea assets

Britain said it would revoke Fridman's licences if sale is not completed on time.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1JpP43D April 21, 2015 at 05:10PM http://ift.tt/eA8V8J

Unit of China's state-owned firm defaults on bond payment

Baoding Tianwei Baobian Electric failed to make interest payment on bond.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1HdRB3o April 21, 2015 at 04:45PM http://ift.tt/eA8V8J

Saudi Prince Alwaleed bin Talal supports James Murdoch for key role at 21st Century Fox

Murdoch is expected to takeover full responsibility as chief operating offer from president Chase Carey by end 2015.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1En6dNk April 21, 2015 at 03:19PM http://ift.tt/eA8V8J

Birds Eye brand owner Iglo Foods sold for €2.6bn to London-listed Nomad Holdings

Nomad has entered into a definitive agreement to acquire Iglo Foods from company backed by Permira funds.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1cU1aYG April 21, 2015 at 12:18PM http://ift.tt/eA8V8J

Wells Fargo in talks for buying GE's $74bn commercial lending business

GE is planning to exit bulk of its financial businesses over next few years.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1yKVbz2 April 21, 2015 at 11:27AM http://ift.tt/eA8V8J

China to invest $46bn in building economic corridor to Pakistan

China's President Xi Jinping who has arrived in Pakistan is expected to announce deal.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1bjPC0n April 20, 2015 at 04:07PM http://ift.tt/eA8V8J

EY Item Club: UK economy to grow 2.8% in 2015 as 'noflation trumps politics'

EY Item Club report also predicts 3.0% GDP growth in 2016, up from 2.9% estimated previously.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1yJyUSb April 20, 2015 at 01:12PM http://ift.tt/eA8V8J

Morgan Stanley in $500m settlment talks with New York official over mortgage bond case

Settlement is expected to include some cash from Morgan Stanley as well as chunk of consumer relief.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1JlrVPG April 20, 2015 at 12:22PM http://ift.tt/eA8V8J

Rolls-Royce secures £6.1bn largest-ever deal to supply engines to Emirates

Company will supply engines and related service for 50 A380 planes for Dubai's Emirates airline.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1G5bKZe April 18, 2015 at 01:47PM http://ift.tt/eA8V8J

EU might reform telecom rules to address competition from Whatsapp and Skype

Draft of reforms hints that over-the-top services could be brought under same regulatory regime of traditional operators.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1CX46di April 18, 2015 at 10:54AM http://ift.tt/eA8V8J

TrendForce: Samsung dominates smartphone market with 27.8% share

Samsung's market share has improved to 27.8% in first quarter from 24.7% in fourth quarter of 2014.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1IltdKv April 17, 2015 at 03:51PM http://ift.tt/eA8V8J

World's worst cities for traffic congestion: Istanbul, Mexico City, Moscow and more

Drivers in Istanbul and Mexico City faced with 30 minute journey in free-flowing traffic, lose no fewer than 110 hours to gridlock every year.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1JapaAI April 17, 2015 at 02:56PM http://ift.tt/eA8V8J

Ola Cabs becomes third-most valued Indian venture-backed firm at $2.4bn

Ola completed its latest funding round, generating $400m from investors led by DST Global.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1znJGIY April 17, 2015 at 12:42PM http://ift.tt/eA8V8J

Chinese owner of Volvo and London Taxi Company plans European and US entry with small car

Geely plans to build small crossover utility vehicle using common platform jointly developed with Volvo.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Dc0Mdx April 17, 2015 at 12:06PM http://ift.tt/eA8V8J

Japan overtakes China as largest holder of US debt

Japan had $1.224tn of US debt at end of February, while China's debt holding was $1.223tn.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1E58YCQ April 16, 2015 at 04:01PM http://ift.tt/eA8V8J

India's plans to raise $6.5bn in retrospective tax would discourage foreign investors

Finance Minister Arun Jaitley said he would retrospectively tax foreign institutional investors on capital gains made in previous years.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1CQWWpt April 16, 2015 at 03:01PM http://ift.tt/eA8V8J

House of Cards and Bloodline help boost Netflix subscriber base

Company added 4.9 million subscribers across globe in its first quarter ended on 31 March.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1CNuMwM April 16, 2015 at 12:26PM http://ift.tt/eA8V8J

BP oil spill settlement: Patrick Juneau administers over $5bn payments

Juneau is managing fund to compensate those claiming to have suffered losses from 2010 Gulf of Mexico oil spill.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1DlJVYT April 16, 2015 at 11:45AM http://ift.tt/eA8V8J

Target to reimburse banks $20m under imminent deal with MasterCard over data breach

Target is close to reaching a settlement with MasterCard to reimburse banks.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1J249It April 15, 2015 at 01:29PM http://ift.tt/eA8V8J

Chinese online retailer JD.com launches platform for international sellers

JD Worldwide will help consumers purchase authentic imported products and lower entry barriers for global brands.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1b2fgXl April 15, 2015 at 12:34PM http://ift.tt/eA8V8J

Nokia and Alcatel-Lucent agree €15.6bn all-stock merger

Nokia will offer 0.55 of new Nokia share for every Alcatel-Lucent share.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1FIHk9M April 15, 2015 at 11:42AM http://ift.tt/eA8V8J

China economic growth falls to 6-year low on weak property investment

China's gross domestic (GDP) growth slowed to 7.0% year on year in first quarter.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1EDGnDl April 15, 2015 at 11:31AM http://ift.tt/eA8V8J

Net neutrality: Flipkart drops partnership with Airtel as debate gets hotter in India

Flipkart said it will not partner with Airtel Zero following customer protests.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GFZsqc April 14, 2015 at 02:29PM http://ift.tt/eA8V8J

Bitcoin blamed as peadophiles use digital currency to obtain child porn outside Tor network

Child sexual abuse websites accepting bitcoins appeared as separate folders on legitimate websites, says Internet Watch Foundation.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1ymegr2 April 14, 2015 at 01:30PM http://ift.tt/eA8V8J

Japan: Court halts restart of Kansai Electric's Takahama nuclear facility

Blow to Shinzo Abe's nuclear plans as court blocks restart of Takahama reactors over safety issues.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1DD2t8m April 14, 2015 at 12:01PM http://ift.tt/eA8V8J

Toyota to create 2,400 jobs at planned $1bn Mexican facility

New factory in central state of Guanajuato will roll out 200,000 cars a year.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Ddo7hW April 14, 2015 at 11:03AM http://ift.tt/eA8V8J

Google is not bothered about its stock performance, claims author

John Straw says 'underperforming' Google stock allows company to deflect criticism by simply stating that market reflects its performance, not government.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/google-not-bothered-about-its-stock-performance-claims-author-1496083 April 13, 2015 at 03:03PM http://ifttt.com/images/no_image_card.png

GM plans $1bn revamp at Michigan facility

Buildings to come up to house 2,500 new workers in electrical engineering and information technology.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/gm-plans-1bn-revamp-michigan-facility-1496052 April 13, 2015 at 12:50PM http://ifttt.com/images/no_image_card.png

World Bank: China's growth slowdown to hit Australia and New Zealand significantly

Australia and New Zealand depend largely on commodity exports to world's second largest economy, where growth is slowing down.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/world-bank-chinas-growth-slowdown-hit-australia-new-zealand-significantly-1496042 April 13, 2015 at 12:28PM http://ifttt.com/images/no_image_card.png

China first-quarter growth to fall below 7% as exports decline unexpectedly

Exports fell by 14.6% in March, reversing from a 48.9% growth in the previous month.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/china-first-quarter-growth-fall-below-7-exports-decline-unexpectedly-1496036 April 13, 2015 at 11:11AM http://ifttt.com/images/no_image_card.png

China threatens to shut down Sina Corp's entire news services

Sina owns Sina Weibo, a popular Twitter variant used by more than 300 million Chinese.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1O1qeZe April 11, 2015 at 02:38PM http://ift.tt/eA8V8J

Monaco most expensive for luxury property followed by Hong Kong and London

London third costliest where one can buy 21 square metres with $1m.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1yk5NoB April 11, 2015 at 12:54PM http://ift.tt/eA8V8J

Apple in talks with Florence and the Machine for exclusive music streaming rights

Apple reckons owning exclusive rights will force music lovers who dislike subscription pay for content.



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

PayPal allows merchants to accept bitcoin payments

Bitcoin payments have been enabled in partnership with Braintree.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1DOEAN8 April 10, 2015 at 01:30PM http://ift.tt/eA8V8J

Here is what Bill Gates, Steve Jobs and other tech leaders want to tell interns

NeoMam Studios features greatest tech leaders of our time and their advice to young entrepreneurs.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Gw4DJ9 April 10, 2015 at 12:28PM http://ift.tt/eA8V8J

LinkedIn to acquire online education firm lynda.com for $1.5bn

lynda.com serves individuals as well as corporate, government and educational organisations with a wide range of online courses.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GvXuJ3 April 10, 2015 at 11:47AM http://ift.tt/eA8V8J

China's rising labour costs could make India attractive for investors

PM Narendra Modi, now visiting Europe, to woo investors to India.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1CoMruJ April 10, 2015 at 11:43AM http://ift.tt/eA8V8J

US bitcoin trader accepts digital currency at 11% premium to Blockchain rates

BTCGaw has started marketing campaign, claiming its deal for bitcoin trade is best on market at present.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1IMUEg2 April 09, 2015 at 05:43PM http://ift.tt/eA8V8J

Greece to pay €450m loan instalment to IMF as eurozone gives reforms deadline

Athens has been in talks with its eurozone partners and IMF on package of reforms for receiving further aid.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1HUhnqs April 09, 2015 at 03:45PM http://ift.tt/eA8V8J

Satyam scandal: Ramalinga Raju and 9 others found guilty in India's biggest accounting fraud

Court found Raju and others guilty of cheating, forgery and criminal breach of trust.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GNUJRZ April 09, 2015 at 01:22PM http://ift.tt/eA8V8J

Class action suit against Facebook over privacy violations in Europe set to begin in Vienna

Austrian law graduate Max Schrems is spearheading a class action suit with support of about 25,000 Facebook users.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Ocl3Yq April 09, 2015 at 12:30PM http://ift.tt/eA8V8J

Argentina suing Citibank for signing 'deal with devil'

Economy Minister Axel Kicillof said Citibank's deal with NML violated local laws over public debt.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1y75wFb April 09, 2015 at 11:38AM http://ift.tt/eA8V8J

Al-Qaeda linked terror groups drop online communication after Edward Snowden leaks

At least three Al Qaeda affiliates altered their communications, using human couriers instead of email and mobile phones, according to think-tank Henry Jackson Society.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1IrPCsE April 08, 2015 at 04:44PM http://ift.tt/eA8V8J

World Bank calls on China's AIIB and Brics' NDB to help eradicate extreme poverty

Both AIIB and NDB could be World Bank's strong allies in economic development of poor countries and emerging markets, says World Bank boss Jim Yong Kim.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1NT9tPH April 08, 2015 at 03:41PM http://ift.tt/eA8V8J

Shell and BG Group agree £47bn mega deal

Shell will provide £3.83 in cash and 0.4454 Shell B shares for each BG share.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1IIAEez April 08, 2015 at 12:04PM http://ift.tt/eA8V8J

Oil prices down more than 1% as US and Saudi output poised to remain intact

Brent crude price, the global benchmark, is down 1.42% at $58.26 per barrel as at 12.30am ET.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1N6Z73A April 08, 2015 at 11:37AM http://ift.tt/eA8V8J

Bitcoin Foundation may be split in two organisations: Report

Bitcoin Foundation member Olivier Janssens had earlier said that it is "effectively bankrupt".



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1c39pRV April 07, 2015 at 02:58PM http://ift.tt/eA8V8J

FedEx to expand European operations with €4.4bn TNT Express acquisition

Companies have reached conditional agreement on recommended all-cash offer for shares of TNT Express for cash price of €8 per share.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1COWZFV April 07, 2015 at 12:14PM http://ift.tt/eA8V8J

Cadbury gets new £61m tax bill in India over 'phantom' factory

Indian tax officials claim that the company provided inaccurate information when claiming excise tax exemption linked to Himachal Pradesh factory.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1H0H1vm April 07, 2015 at 11:38AM http://ift.tt/eA8V8J

'Dick Pick' programme: Edward Snowden and John Oliver explain US surveillance

In his latest Last Week Tonight show, Oliver prompts Snowden to explain US surveillance.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1Ggn3xz April 06, 2015 at 04:12PM http://ift.tt/eA8V8J

Bank and Clients lures BoE chief financial accountant Nicole Coll to take up key role

B and C has approached the senior BoE executive to take up the newly-created post of chief of finance and operations.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1DDLUuW April 06, 2015 at 01:03PM http://ift.tt/eA8V8J

Argentina central bank to inspect local Citibank HQ and ensure it complies with local laws

Central bank chief Alejandro Vanoli reportedly said that regulators will perform "comprehensive inspection" at the local subsidiary of Citibank.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GCanzE April 06, 2015 at 12:10PM http://ift.tt/eA8V8J

Google to dominate search ad market in 2015 with 55% global revenue share

Google would see 15.7% search ad revenue growth in 2015, increasing to $44.46bn worldwide, according to eMarketer.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1I3w25V April 01, 2015 at 12:43PM http://ift.tt/eA8V8J

Scotch whisky export value falls by 7% to £3.95bn

Scotch Whisky Association attribute fall to weaker economic conditions and political volatility in some markets.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1MxBmSd April 01, 2015 at 12:22PM http://ift.tt/eA8V8J