BUSINESS

Nobel Prize winner Professor Robert Shiller is famous for predicting market bubbles.

Petrobras is the operator and has a 75% stake in the prospect, with India's ONGC holding 25%.

Energy Secretary Amber Rudd writes to energy firms urging them to onpass savings to consumers

GCHQ says that even if it wanted to, it does not have the resources to carry out widespread surveillance on citizens

BP, Exxon, Statoil and Chevron also to discuss push to gas.

Inflation turned positive for the first time since November 2014 as food prices rose

Following the Fifa scandal, many of the world biggest advertisers are now reviewing their media arrangements.

Alibaba is already present in Russia via its online store AliExpress.

JTI-MacDonald is the third Canadian tobacco company deemed to have earned billions of dollars at the expense of the health of customers.

Greek Prime Minister says he put forward a comprehensive proposal after Troika leaders met

Rupee weighed down by drought fears and strong dollar and oil prices.

US District Judge Scheindlin in Manhattan permits plaintiff investors to pursue claims against HSBC.

Silver Lake invests $330m in Qunar's convertible bonds and another undisclosed investor puts in $170m.

Capital Economics expects Australian interest rates to fall to 1.5% this year and Indian rates to drop to 7%.

Top 100 companies have gone from being worth $8.4tn to $16.2tn in six years

Stuart Gulliver, HSBC's chief executive, will set out revised target for headcount reductions.

Increase in oil production and continued government spending will help support country, says IMF.

The Israeli tycoon is worth $3.5bn and spent £500m buying up Camden Market in 2014.

Greece due to pay back €300m loan by Friday but says demands are 'absurd'.

Firm alleged to have used genetically modified chicken with six wings and eight legs.

FTSE 100 closed 0.44% lower than the open with Ashtead group as its biggest riser.

Russia annexed Crimea and backed pro-Kremlin separatists in eastern Ukraine in 2014.

The billionaire is trialling a new discount chain of shops

Soaring rent prices in London have made sharing bedrooms an accepted fact even among young professionals.

Weroom will tap into the ever-growing rental market

Bank Asya will be sold in its entirety or in parts, according to an announcement in the government's Official Gazette.

Huatai Securities's Hong Kong debut, also Asia's largest listing this year, was not as robust as expected.

Internal tensions in Syriza and the missed deal deadline on 31 May have made matters worse for Greece

David Cameron is on a charm offensive to curry support and understanding from fellow EU leaders