China's Finance Minister Pegs 7.5% Economic Growth in 2013
Rising electricity consumption, including by services sector, to drive Chinese economy
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Deutsche Bank to Prune Balance Sheet to $1.31tn
Deutsche Bank to prune its balance sheet by 20% and reach 3% equity loan ratio
AstraZeneca Quizzed by Chinese Police as GSK Bribery Scandal Unfolds
AstraZeneca employee questioned in Shanghai as Chinese authorities crack down on pharmaceutical sector.
JPMorgan and Ferc Close to $410m Power Market Manipulation Settlement
JPM tipped to part with an extra $200m in unpaid claims from electricity buyers in California
More news
GSK Executive Tells Government It Will Reform China Business
A senior executive from GlaxoSmithKline (GSK) told Chinese police the British drug-maker will reform its business in the country in the wake of a bribery scandal, China's Ministry of Public Security said on Monday (July 22).
Adam Justice Jul 22, 2013
US Attempts to Move G20 Summit from Russia on Edward Snowden NSA Scandal
Two US senators ask US President Barack Obama to consider all options to get custody of Snowden.
Jerin Mathew Jul 22, 2013
Mis-Selling Derivatives Scandal: Barclays Offers SME Landish Consultants £1.5m
Offer includes a product switch but final amount is subject to change
Lianna Brinded Jul 22, 2013
Mass Effect 4: BioWare Director Hints at Exciting New Storyline
BioWare Montreal development team hints at new, exciting storyline without Commander Shepard.
Vinod Yalburgi Jul 21, 2013
Gold Ends at One-Month High on US Stimulus Prospects
Demand rising in China and Japan while curbs in India cut buying.
M Rochan Jul 20, 2013
China's Qihoo 360 in Talks to Buy Search Business Firm Sogou
Qihoo, listed in US, and Sogu are China's second and third biggest search engines.
Debasree Purkayastha Jul 20, 2013
Asian Markets Weekly Review: Chinese Stocks Hit By Growth Fears
Barring China and Australia, markets across Asia finish week higher.
M Rochan Jul 20, 2013
China to Make Up for Growth Shortfall With Interest Rate Liberalisation
China allows banks to set their own lending rates as part of its restructuring efforts.
Jerin Mathew Jul 20, 2013
UK Heatwave Warms up Barbecue, Lollies, Suncream and Tourism Markets
Sainsbury's alone sells 600% more disposable BBQs but not all retailers bask in hot weather sales.
Shane Croucher Jul 19, 2013
Vodafone Profits Hit by Regulation, Competition and Europe's Recession
First quarter sales slump as second quarter service revenue is forecast to also drop
M Rochan Jul 19, 2013
John Lewis Chief Heads Campaign to Relax China Visa Laws to Reap Tourist Cash
Andrew Murphy named as UK China Visa Alliance chairman, a group working to ease visa restrictions to Chinese nationals
Jerin Mathew Jul 19, 2013
Troubled Cyprus Proposes Tax Amnesty to Lure Investment
Cypriot government tries to draw long-term investors back with income tax exemption.
Shane Croucher Jul 19, 2013
Spain Taps Deposit Guarantee Fund for €1.8bn NCG Banco and Catalunya Banc Bailouts
As a result of the deal, the DGF will hold a 26% stake in NCG Banco and 32.5% of Catalunya Banc.
Shane Croucher Jul 19, 2013
China: Belgian Drugmaker UCB Targeted in Wake of GSK Bribery Scandal
Watchdogs visits UCB office in China to check on compliance procedures.
Jerin Mathew Jul 19, 2013
European Markets Fall Ahead of G20 Meet in Moscow
Finance leaders to discuss market volatility, unemployment, slow economic recovery and Fed's QE taper plans.
M Rochan Jul 19, 2013
Charts in Focus: Detroit Files for Largest City Bankruptcy in US History [VIDEO]
Detroit makes history by filing for bankruptcy owing billions of dollars in debts
Lianna Brinded Jul 19, 2013
Detroit Files for Largest City Bankruptcy in US History [VIDEO]
Detroit becomes the largest ever US city to file for municipal bankruptcy owing $18.5bn debt.
Debasree Purkayastha Jul 19, 2013
Asian Markets Choppy As Tokyo Plunges on Profit-Taking
Weekend elections in Japan fuel a selling spree
M Rochan Jul 19, 2013
UK Government Grants Shale Gas Investment Tax Breaks
Chancellor George Osborne unveiled draft tax breaks to drive investment in shale gas production
Lianna Brinded Jul 19, 2013
Moody's Upgrades US Rating Outlook to Stable on Deficit Reduction
Recent economic growth and government deficit reduction have lowered debt-to-GDP ratio, according to Moody's.
Jerin Mathew Jul 19, 2013
Detroit Files The Largest-Ever Municipal Bankruptcy In U.S. History
This marks a new low for the city that cradled the U.S. automotive industry
Adam Justice Jul 19, 2013
UK has Growing 'Armchair Economy' of E-Commerce Firms
E-commerce finance provider iwoca reports sharp rise in business as market grows rapidly.
Shane Croucher Jul 18, 2013
Greece to Lose 195,000 Jobs in 2013 on Business Closures
Rising costs and plummeting sales will force more businesses to close than open
Lianna Brinded Jul 18, 2013
EU Bankers' Bonus Cap Undermines Performance-Related Pay
Consultancy group Mercer warns that rising base salaries "weakens" efforts to clamp down on reckless bankers.
Shane Croucher Jul 18, 2013
UK Retail Sales Climb as Economic Recovery Gathers Steam
Measure of sales by value rose 3.8% on the year in June.
M Rochan Jul 18, 2013
UK Mortgage Lending Surges to 5-Year High on Better Cost And Availability
Housing sector receives boost with mortgage lending in June increasing to £15bn, up 2% from May.
Jerin Mathew Jul 18, 2013
Ex-Goldman Director Rajat Gupta Hit with $13.9m Insider Trading Fine
Gupta is also banned from working as an officer or director in a public company
Debasree Purkayastha Jul 18, 2013
IMF Warns George Osborne UK Needs Capital Investment Now
IMF says chancellor risks viability of austerity unless he boosts growth by bringing capital investment plans forward.
Shane Croucher Jul 18, 2013
Fed Reserve's Ben Bernanke Confirms No Deadline for US QE Tapering
US Federal Reserve could increase the pace of bond purchases if needed, says chairman.
M Rochan Jul 18, 2013
HSBC Whistleblower Hervé Falciani Wants Widened Tax Evasion Probe
Falciani calls on European states to open tax evasion investigations.
Shane Croucher Jul 18, 2013
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