GM plans $1bn revamp at Michigan facility
Buildings to come up to house 2,500 new workers in electrical engineering and information technology.
CVC Capital plans $5.3bn sale or listing of Spain's IDCSalud
Hospital group IDCSalud could be valued at up to €5bn, or a multiple of 12 times its pro-forma EBITDA of around €420m.
China threatens to shut down Sina Corp's entire news services
Sina owns Sina Weibo, a popular Twitter variant used by more than 300 million Chinese.
GE shares jump 10% as restructuring plan promises $90bn bonanza for shareholders
GE CEO Jeff Immelt and other executives say they plan to spend $3bn to $5bn a year on industrial acquisitions.
More news
Oil worker killed in fire at Russian refinery
State-run company said output not affected by fire at east Siberia facility.
Oscar winner takes on McDonald's in Russia
Nikita Mikhaolkov seeks to capitalise on patriotic moment in Russia.
GE close to selling $30bn real estate portfolio
A deal with Blackstone Group and Wells Fargo could be announced on 10 April.
PayPal allows merchants to accept bitcoin payments
Bitcoin payments have been enabled in partnership with Braintree.
RBS to sell India jewellery financing unit to IndusInd Bank
RBS's India diamond and jewellery financing loan book stands at about £491m.
Circus giant Cirque du Soleil in deal talks with UK, US and Chinese firms
London's CVC Capital Partners, US-based Providence Equity and TPG, and China's Fosun International target circus major.
LinkedIn to acquire online education firm lynda.com for $1.5bn
lynda.com serves individuals as well as corporate, government and educational organisations with a wide range of online courses.
India: Uber branches out into rickshaws in New Delhi with UberAuto
Taxi app allows cash payments for first time with UberAuto service.
Listeria scare: Sabra recalls 30,000 cases of Classic Hummus over possible contamination
The company is the second this week to recall products in the US over listeria concerns.
Meet the London estate agents fighting the curse of Foxtons
Amid campaigns to block spread of Foxtons branches, IBTimes UK finds not all estate agents deserve a bad rep.
US shale oil drillers may get $26bn in insurance if crude prices stay low
Over a dozen energy firms buy hedges from lenders, including JPMorgan, Wells Fargo, Citigroup and the Bank of America.
US bitcoin trader accepts digital currency at 11% premium to Blockchain rates
BTCGaw has started marketing campaign, claiming its deal for bitcoin trade is best on market at present.
UK house prices up 0.4% in March, says Halifax
UK house price growth at an annualised rate slowed in March, compared to the previous month.
Yuri Milner's DST Global leads $314m funding round for India's Ola
Ola's mobile app allows users to hail taxis, autorickshaws and order food.
Satyam scandal: Ramalinga Raju and 9 others found guilty in India's biggest accounting fraud
Court found Raju and others guilty of cheating, forgery and criminal breach of trust.
Alibaba Group arm Ant Financial to launch online bank soon
Ant, which runs Alipay, has also launched China's first e-commerce based stock index: CSI Taojin Big Data 100 Index.
Co-operative Group returns to profit
Most of Co-op Bank was sold off after 2013 scandal revealed capital black hole.
Class action suit against Facebook over privacy violations in Europe set to begin in Vienna
Austrian law graduate Max Schrems is spearheading a class action suit with support of about 25,000 Facebook users.
Argentina suing Citibank for signing 'deal with devil'
Economy Minister Axel Kicillof said Citibank's deal with NML violated local laws over public debt.
Market round up: Royal Dutch Shell mega £47bn takeover of BG Group spurs FTSE 100
Class A and B Royal Dutch Shell shares plummet in value on news of takeover of BG Group
Aldi hurdles Waitrose to become Britain's sixth biggest supermarket
Discount supermarkets have become markedly more popular in the UK in the past few years.
Surge in M&A and ECB stimulus drive North American bond volumes to record highs
The first-quarter of 2015 saw $372bn of bond deals from North American issuers, setting a new record.
France air traffic control strike: 40% of French flights cancelled
40% of flights were cancelled in a dispute over working conditions.
Mark Mobius forecasts 20% retreat for Chinese equities
The Shanghai Composite index has gained 94% over the past year and Mobius believes Chinese stocks have risen too fast.
FedEx to buy TNT Express for €4.4bn
FedEx agrees to buy Dutch package delivery company TNT Express for €4.4bn
Record breaking month for UK car sales after 6% March boost
European markets also boosted in early part of 2015 as consumer confidence shows signs of recovery.
Japan: Nikkei 225 scales 15-year peak as BoJ keeps stimulus
BoJ maintains plan to expand the monetary base at an annual pace of ¥80tn, a QE programme in place since April 2013.
ANZ wins appeal in landmark credit card fees case
Class action suit likely to head to Australia's highest court after latest twist.
Singtel to pay $810m for US cyber security firm Trustwave
The deal marks Singapore Telecommunications' (Singtel) biggest acquisition outside the main telecoms sector.
Boards of Shell and BG Group agree £47bn mega deal
Companies' boards have reached an agreement on the terms of the cash and share offer made by Shell.
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