BUSINESS

WGC says gold demand dropped 12% to a six-year low of 914.9 tonnes in Q2, while supply fell by 5%.

CEO says the reservoir being explored by Shell will be 'relatively easy' to drill for oil.

Core machinery orders fell 7.9% in June from May, down for first time in four months.

People's Bank of China's fresh devaluation by 1.1% raises fears of global currency war.

Former finance chief claims top officials involved in bailout negotiations feel the same way.

Uzbekistan Airways to use weighing machine to estimate average passenger weight with hand luggage.

Companies jumping on the feminist bandwagon better be prepared to follow through.

Ukrainian men charged with hacking two newswires to steal non-public data and generate $100m in profit.

Pay growth excluding bonus was found to be 2.4% according to ONS statistics.

US SEC has charged traders who infiltrated servers of news agencies and stole more than 100,000 press releases.

Exclusive: musician and tech champion Imogen Heap tells IBTimes about her blockchain plans.

Dongle attached to cars for insurance purposes is compromised and gives hackers control of brakes.

Scandal-ridden company reported a 3.2% fall in UK and Ireland sales due to its London Olympics errors.

The sale is subject to regulatory approval.

Cloud music service Revelator and bitcoin developers Colu have launched music rights service on the blockchain.

Lender to raise A$5bn to meet stricter capital ratio requirements.

Uber is facing probe in Hong Kong over its drivers, who allegedly operate without proper licence and insurance.

For second day in a row yuan depreciates further causing anxiety in the market.

US banks under pressure from regulators to strengthen balance sheets by reducing exposure to high-risk businesses.

Banks are in talks with US regulators to settle claims of alleged unfair practices.

Sale part of GE's move to divest $100bn worth of financial assets under GE Capital by end of 2015.

Some with allergies to corn have abandoned product after switch, others say it makes icing 'gritty'.

Financiers sold bonds without a licence in scheme that reportedly lost hundreds of investors more than £50,000 each.

Fine would go against regulator's role to ensure the 'safety and soundness' of banks it regulates.

Sundar Pichai has been installed as Google chief executive after a shake-up.

Remortgaging stands at highest level since 2013 according to Council of Mortgage Lenders' numbers.

IBTimes UK ventures underground to see how Transport for London plans to reopen the station.

The MDC Partners/Nadal scandal shines a light on the enduring war between agencies and clients over money.

Investors reacted positively to Google's radical reorganisation claiming there will now be more transparency