BUSINESS

Sony's total workforce in mobile phone division will be reduced by about 30% to 5,000 by fiscal year ending in March 2016

The energy company will reduce its prices from 11 February.

Rail journey satisfaction in 2014 fell by 2% to 81%.

Russian financial markets saw a muted reaction on Tuesday (January 27) after ratings agency S&P downgraded the country's sovereign credit rating to "junk", with the rouble strengthening and Moscow-listed shares broadly steady.

Tyler and Cameron Winklevoss believe bitcoin has the potential to reach a $1 trillion market cap.

European foreign ministers gather for exceptional meeting on Thursday to discuss new Russia sanctions.

Barbie has been a popular figure in the toy market for the last 55 years but sales have dwindled for the world famous doll in recent times.

Lockheed Martin is investing £250,000 in a cyber security Virtual Technology Cluster with Restoration Partners

The falling price of wholesale gas is significantly larger than savings passed onto consumer.

ONS data shows UK GDP growth slowed in final quarter of 2014 as election looms.

An Anonymous campaign to root out child abuse networks is calling on people to take to the streets on 13 February.

Vodafone has so far been a wallflower at the telco mergers party but could Talk Talk be its partner?

New research by an Anglia Ruskin University economist surveyed over 21,000 citizens in Greece.

The majority of the new roles will come from new stores.

New energy-focused credit fund will seek to buy the traded debt of energy firms rather than lend to them directly.

The majority of Britons would rather deal with a British call centre than receive a 10% discount

December saw a trade surplus of 0.4bn krona, compared with a deficit of 0.2bn krona a year earlier.

The Sports Direct founder has ploughed another £10m into Rangers

When economies are in a hole, they should not be forced to dig deeper.

IBTimes UK looks at some of the main events going into the general election.

Smart leaders cannot hide among privilege and peers in mountaintop luxury - no one can learn if they do not listen.

One take-away from Davos is that concentration and consolidation mean the world appears to be getting smaller.

Soho, the most vibrant and creative area in London, is in danger of losing its identity.

Crude oil continues to slide as strong dollar makes commodity more expensive in other currencies.

IBTimes UK technology editor David Gilbert looks at how easy it is for cyber-criminals to clone our credit cards and steal our money online.

GDP numbers show that UK will take longer to start hiking rates.

On 15 January, SNB revealed it would no longer cap the Swiss franc's value against the euro.

Britain's economy recorded its fastest annual growth since 2007.

The deal will create the second-largest US packaging firm behind International Paper.