BUSINESS

Clearance revenue withheld by Israel represents about two-thirds of net revenues of Palestine.

While its golden arches are ubiquitous, McDonald's constantly expanding menu and the lack of a clear direction are being blamed for the hamburger giant posting one of its worst financial years in decades.

Deal would make Qatar Airways the single biggest shareholder of IAG

Credit cards will overtake cash as dominant payment system on March 8, according to new study.

FDI inflows to China increased by 3% to $128bn in 2014, while US saw its FDI declining to $86bn.

Pound, euro as well as New Zealand and Australian dollars take a hit.

Google reports higher revenue and profit for fourth quarter, but its revenues fall short of analysts' estimates.

Ocado has announced it will build a new centre in Erith.

Ofgem's SMI report says that the average consumer will save just £21 a year from the recent cuts.

Danish brewer Carlsberg on Thursday (January 29) closed two of its 10 breweries in sanctions-hit Russia as a weak market blighted by the economic downturn has dented demand there.

Microsoft co-founder Bill Gates expresses concerns about bitcoin volatility as prices plummet.

Swiss franc has pared a good portion of its SNB-driven big gains but euro is weaker among majors in the correction.

Virgin wants it paused until the end of Ofcom's investigation to see if it's a breach of competition law.

Ruble falls 6% this week as credit rating cut to junk and EU pushes ahead with new sanctions plan.

Tax lawyers say cases involving Shell, IBM, Nokia, Microsoft and others could now be resolved through negotiation.

Distributed denial of service attacks have increased 50-fold in the last decade and can cost your business a lot of money.

Falling oil price and Western sanctions have battered Russia's economy since it annexed Crimea.

Supermarket reported to be axing more jobs as it attempts to slash costs by 30%

China Securities Regulatory Commission to inspect stock margin trading business of 46 firms.

As long as 44.30 is held, the peso is likely to strengthen to 43.50 before a rebound.

China's State Council spells out reforms on investment, foreign trade, finance, services and ease of doing business.

Adult website xHamster is hosting a major "malvertising" campaign putting its millions of users at risk of infection from Bedep malware

The announcement came as the Anglo-Dutch firm said fourth-quarter earnings rose to $4.2bn versus $2.2bn a year ago.

Donald Brydon to leave role in postal firm after six years

Deutsche Bank reports pre-tax profit of €253m for fourth-quarter of 2014.

Easterbrook will replace Don Thompson, who is stepping down as CEO of McDonald's with effect from 1 March.

Both Apple and Samsung shipped 74.5 million units in fourth quarter.

Reserve Bank of New Zealand says while 3% growth is supported by rising construction activity, there are downside risks.

Amazon will charge $4 per month for each inbox with 50GB of storage.