BUSINESS

Dragon Oil shareholders will receive £7.50 per share in cash, valuing the company at £3.7bn.

The company is planning to launch video streaming services in China in the next two months, as it looks to emulate Netflix and HBO in US.

One-off cost appeared on the company's sheet after it bought competitor Naked Wines

Saudi billionaire Prince Alwaleed is one of Twitter's earliest and biggest shareholders.

Investors' backing of Elliott comes in contrast to Koreans' hostility towards foreign investors, whom they portray as "money-hungry opportunists".

The number of US rigs actively drilling for oil has dropped for 27 successive weeks.

Gold prices to take their cues from developments in Greece and from Fed speak on US interest rates.

India's food regulators asked to submit written explanation for ban.

Probe is part of US Justice Department's wide-ranging investigation into corruption in global football business.

Personal information of American military and intelligence personnel may have been compromised.

Moody's and Fitch have already downgraded the UK to AA+

Global lender reviewing whether to include yuan in its basket of currencies.

It could be devastating for counter-intelligence, warns former official.

The brand might just look weird, but it commands almost a quarter of global foreign exchange trading.

Consolidated single institution for holding public assets with proper management would make us all better off.

Network Rail is under review for not being on track with its 2019 targets set by the ORR.

Morgan analysts, led by Serena Tang, opined that in the most optimistic scenario, the gush could exceed $1.2tn.

BitPay's European manager Marcel Roelants, who also worked for Mastercard for five years, explains how big corporates literally stifle innovation.

Devastating cyber attack against US government is worse than first thought affecting all federal employees

Around 64% of consumers surveyed say that they would rather shop at retailers that provide mobile payment option.

Regulator proposes price reduction after conducting review on telecoms market control

The Shanghai Composite settles at a fresh seven-year high amid cautious trade.

GE confident of closing the €12.4bn deal, for Alstom's power business, in the second-half of 2015.

Country has already been using US dollars and South African rand, as local currency suffered due to hyperinflation that hit the economy six years ago.

The fashion designer brand continues to expand internationally

The IMF walked away from talks as Greece and creditors cannot agree on taxes, finances and pensions.

Misuse of physical equipment by hackers could emerge as major threat for oil industry worldwide.

Tourism could be affected as Hong Kong, Macau and Taiwan issue alerts.

Decisions could be announced in coming months, says official.