Samsung Heirs Face Whopping $6bn Inheritance Tax Bill at 50% Korean Rate
In order to retain management of conglomerate, heirs will reportedly have to pay tax.
Many Alibaba Employees Set to Become Millionaires After $41bn IPO Windfall
Employees hold 26.7% stake in Alibaba, which is expected to be valued at more than $150bn after US IPO.
Alibaba Ventures into Sports With $192m Investment in China's Top Football Club
Alibaba purchases 50% stake in China's Guangzhou Evergrande soccer team.
GlaxoSmithKline and Adaptimmune Reach $350m Deal to Develop New Cancer Drugs
Adaptimmune will develop cancer drugs for GSK and receive payments if milestones are achieved.
GTA 5: Best Cars for Drifting and Suspension Tips for GTA Online
Discerning GTA 5 tipster, DomisLive, reveals best cars for drifting and suspension tips for GTA Online.
Barclays Fined £26m for Gold Fixing Failures and Trader Daniel James Plunkett Banned
FCA fines Barclays for rigging gold and banned and fined Plunkett for inappropriate conduct
UK Financial Mis-selling Was Caused By Short Term Bank Bonus Goals, says Pay Scheme Expert
Erik Charles, principal incentives strategist at Xactly, speaks to IBTimes UK in San Francisco, California
Atletico Madrid Demand Chelsea Include Romelu Lukaku in Diego Costa Deal
Atletico manager Diego Simeone wants Lukaku to replace Costa.
Apple Welcomes Retail Chief Angela Ahrendts with $68m in Shares
Former Burberry boss takes up position at tech giant with 113,000 restricted share options
Dropbox and Box Users Accidentally Leaking Private Files Online
Users of cloud storage services Dropbox and Box are inadvertently leaking sensitive documents to everyone online.
Balfour Beatty Shares Plunge 16% After CEO Andrew McNaughton Steps Down
The construction group said it will commence a process to appoint a successor shortly
Warren Buffet Pressures Coca-Cola over Executive Pay
Coke may revise controversial executive pay package before it takes effect in 2015.
Sports Direct Slams Shareholders Over Rejected £73m Mike Ashley Bonus
Dave Forsey, chief executive of Sports Direct, warns the move could lead to uncertainty.
Japan Revamps GPIF - World's Largest Pension Fund
Fund cuts dependence on low-yielding government bonds and allows investing in riskier assets.
GlaxoSmithKline Shares Soar on £9.5bn Cancer and HIV Deal with Novartis
GSK says the deal will have 'minimal impact' on UK jobs
HMRC to Sell UK Taxpayers' Data to Private Firms
HMRC officials are examining 'charging options' to release anonymised tax data to third parties, says Guardian.
Sports Direct to Boost Shares with Online Credit?
Sports Direct is to offer consumers credit on the internet.
Bonuses: Why Playing the Long Game is the Key to Company Success
The key to better individual and company performance is by setting long-term goals
Sports Direct Founder Mike Ashley Misses £73m Bonus
Newcastle United owner failed to win over firm's institutional shareholders.
US Fund Cartica Sues CorpBanca and Billionaire Alvaro Saieh Over Itaú Merger
Cartica Management alleges that CorpBanca-Itau merger deal undervalues CorpBanca's shares.
SEC Charges Husband of Informatica Executive with Insider Trading After He Eavesdropped on Wife's Phone Call
Husbands of the executive used an overheard conversation for insider trading.
Bulls Bet on Adidas Bounce Ahead of 2014 Brazil World Cup
Traders bet Adidas stock may jump 13% to €88 by June from €78 currently.
Fitch: Unlikely UK Insurers Will Face Ratings Downgrade After Annuity Bombshell
The ratings agency says the major providers could absorb the negative effects of the proposed reforms.
Sports Direct's Billionaire Founder Mike Ashley Eyes £65m Share Bonus
Ashley, who owns Newcastle United, has not received any remuneration since February 2007 from the firm.
Vedanta Hires Tom Albanese After Rio Tinto Sacking
Albanese stepped down as Rio Tinto CEO in January 2013
Sony Xperia Z2 vs Xperia Z1: Should I Upgrade?
We see how Sony's new Xperia Z2 stacks up against its predecessor, the Xperia Z1.
Sports Direct's Profits Rise After Solid Christmas Quarter
UK's largest sporting goods retailer confident of achieving full-year earnings target.
Italy Fines Ryanair and EasyJet €1m for Not Being Consumer Friendly
Italy's anti-trust authority said there is insufficient transparency in their optional insurance offerings
Sony Considers Exit from Overseas PC Market After Vaio Sale
Sony is reportedly in talks to sell its PC business to Japanese investor group.
Lenovo Shares Plunge Amid Sony Vaio Takeover Report
Shares fell as much as 15% in Hong Kong.