BUSINESS

Daimler plans to set up its biggest factory in China to boost Mercedes Benz sales in country

Russia G20 summit to discuss repercussions of tight central bank monetary policy on emerging markets.

Olisa speaks to IBTimes UK about how the tech sector is the lifeblood of the economy

Government announced $28.4bn in infrastructure projects, but fails to boost confidence in economy.

SMEs reporting improved credit conditions but companies still wary of bank lending.

Australian company estimates net loss of about $777m at the end of fiscal year.

US Treasury Department may hit debt ceiling in October.

British fraud investigator Peter Humphrey and wife Yu Yingzeng were detained as part of a corruption probe into China's pharma sector.

Garry Jones' appointment comes as metal exchange fends off aluminium 'hoarding' claims.

War in Syria could push up fuel prices and hurt emerging economies.

Institute of Directors survey shows UK firms not backing government's multibillion pound high-speed rail project.

Starbucks Coffee, which has exported coffee beans from Colombia for more than four decades, plans to open its first café in the Andean country in 2014 and serve only locally-grown coffee.

CBI survey shows robust growth in volume and value terms and outlook remains bullish.

Japan may tap into its $3.6bn emergency fund to pay for Fukushima clean-up.

VisitScotland attracted both domestic and international tourists, targeting emerging markets such as China and India.

Rise in domestic demand, faster urbanisation and growth in laggard regions propel economy.

Amgen buying Onyx which was earlier targeted by Pfizer and Novartis as well.

Deal will make Telefónica second-largest telecom operator in Europe.

Serial entrepreneur talks to IBTimes UK about how entrepreneurship has evolved over last three decades.

Markets await US durable goods orders data that will shed light on state of US factory activity.

ONGC to invest $2.6bn in Rovuma Area 1 Offshore Block in Mozambique.

Markets boosted by hopes of US continuing bond buying programme following downward trend in home sales.

China's latest policy allows oil firms to set prices in line with international market.

Record numbers of foreign tourists visited the UK in June.

Nokia joins Vodafone, Royal Dutch Shell and Cadbury in battling tax demands.

Gold prices continue upward trend as precious metal remains safe investment hedge.

Possible BATS Direct Edge merger to create second largest stock market operator in US after NYSE.

Improvement in global manufacturing data pushes up some markets.

Lagarde stresses need to assess impact of policies before withdrawing them.