BUSINESS

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

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

Rating agency says structural reforms and declining oil prices will boost growth.

Hackers halt broadcast operations and take control of network's Facebook page.

Class A and B Royal Dutch Shell shares plummet in value on news of takeover of BG Group

IBTimes UK takes a look at the non-dom tax status

Discount supermarkets have become markedly more popular in the UK in the past few years.

The first-quarter of 2015 saw $372bn of bond deals from North American issuers, setting a new record.

40% of flights were cancelled in a dispute over working conditions.

The FBI is warning WordPress users to patch a CMS plugin vulnerability exploited by Islamic State.

US plans to equip Pakistan with attack helicopters and Hellfire missiles to boost Islamabad's counter-terrorism efforts.

The Shanghai Composite index has gained 94% over the past year and Mobius believes Chinese stocks have risen too fast.

Radical changes in pension rules combined with lack of understanding could open the floodgates for mis-selling of new products.

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.

Monthly CPI rate has risen to a two-year high, while trade surplus has widened.

Bank of England survey shows small businesses will also increase demand for credit in second quarter.

FedEx agrees to buy Dutch package delivery company TNT Express for €4.4bn

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.

European markets also boosted in early part of 2015 as consumer confidence shows signs of recovery.

Greek PM Alexis Tsipras in Moscow for talks with Russian President Vladimir Putin.

Swiss CPI inflation rebounded to 0.3% month-on-month in March after recording 0.3% deflation in February.

BoJ maintains plan to expand the monetary base at an annual pace of ¥80tn, a QE programme in place since April 2013.

Class action suit likely to head to Australia's highest court after latest twist.

The deal marks Singapore Telecommunications' (Singtel) biggest acquisition outside the main telecoms sector.

CNN report claims the extent of White House cyber security breach last year was underplayed by officials.

The Q1 GDP looks set to have risen 5% annually for the group, half the pace of expansion seen prior to the global financial crisis.

Companies' boards have reached an agreement on the terms of the cash and share offer made by Shell.

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

Calls for next elected government to tackle personal debt hitting £2.5tn by the end of the decade.