BUSINESS

Signing parties of memorandum of preparation for AIIB have unanimously agreed to set up AIIB's headquarters in Beijing.

US jury finds Motorola infringed on Intellectual Ventures' patent on multimedia messaging.

China's so-called 'moderately wealthy' predicted to hold a combined wealth of $53tn.

FTSE 100 companies' boards are now 23.5% women - far below EU target of 40%

Thirteen people were arrested at Capital World Markets' office at Heron Tower, in Bishopsgate.

Gangs in South Korea and Japan are using Skype to record cybersex videos and Android apps to steal data.

Ukraine is already reliant on international aid to stay afloat.

Sahara told India's apex court this week that it had secured a €900m line of credit from BBVA.

Durable goods orders data disappointed and Chicago Fed president Charles Evans comments were dovish.

The prime minister promised a Tory government would not raise the rate from 20%.

British car manufacturer Jaguar have launched their new vehicle in spectactular style, by driving it over the world's longest car high-wire crossing above London.

Ihor Kolomoisky removed from Dnipropetrovsk post over an oil firm dispute.

Chicago Fed's Charles Evans said low inflation would make a rate hike this year risky.

Combined entity will be named The Kraft Heinz Company, and will be headed by Bernardo Hees, CEO of Heinz.

House of Lords economic committee says government HS2 project has no convincing case.

Alexis Tsipras, Greek prime minister, unwittingly triggers a new independence movement in Greece.

The placement could help Airbus rake in as much as €1.4bn.

Google's secret 'Pony Express' project will allow people to pay their bills within their email inbox.

Unilever wants to raise its 50.04% stake in Unilever Nigeria to as much as 75%.

Balfour Beatty made a loss of £59m in 2014 and reported that it will not be paying shareholders a dividend.

Austria has decided to participate in the AIIB after cabinet meeting, Xinhua news agency reports.

US oil magnate and BP Capital boss T Boone Pickens says the idea of 'peak oil' should not be dismissed.

Smith remains highly sceptical over shale oil extraction.

State-owned Aramco has an over 10% market share in China and now wants to boost supplies, says CEO Khalid Al-Falih.

The New Delhi government has asked India's Information Technology ministry to block the mobile apps of the two taxi service providers.

US earlier agreed to produce four defence technologies in India, when Barack Obama visited New Delhi in January.

If forecasters prove right, euro will rise to new highs later in the day.

Shares in Kraft rose more than 16% in after hours trading following news.

Report by Lord Davies of Abersoch shows representation almost doubled since 2011.