COMPANIES

Move comes after Fitch and Moody's downgrade of Russian sovereign debt to just above junk status

South Korea's Samsung Electronics announced a $2bn share buyback plan in November 2014.

Investment would value SpaceX at more than $10bn, Wall Street Journal reports, citing sources.

Chinese equities log their biggest one-day percentage drop since 2008 on 19 January, dragged down by financial stocks.

The new pricing will come in to effect on 27 February.

Hendrik Pistorius & CO accused of fixing agricultural prices for more than 13 years.

The Bank of Scotland says that the Scottish economy is strong heading into 2015.

In submission to Treasury, British Bankers' Association said bitcoin would be risky for customers and the financial system.

Tesco has slashed prices on 380 products.

Kingsoft develops entertainment, Internet security and enterprise software.

The Prime Minister is expected to announce more Conservative manifesto commitments.

The Labour leader is expected to make the general election manifesto commitment today.

Moody's changes aviation industry outlook to positive from stable.

Discussions are at early stage and there is no surety that deal will be reached, Sunday Times reports.

Moneyhorse Games cancels gaming project, unable to complete crowdfunding target for game.

Softcard was founded by AT&T Mobility, T-Mobile USA and Verizon Wireless.

A new report says 100 suppliers could be put out of business by price wars.

Source says Barclays was 'not able to fill client orders quickly enough'.

The e-commerce platform hits 50,000 service providers and $350m project value to date.

Switzerland is the first country to leave the euro but it may not be the last.

The EC has been investigating Amazon's tax affairs in Luxembourg.

EU-wide market recovery is driven by government incentives, discounting and wholesale orders.

Qatar Airways became on Thursday (January 15) the first airline to start regular flights with Airbus's most advanced plane, the A350, throwing down a challenge to Germany's Lufthansa at its home airport.

The BBC says it has 'taken a leading role' in increasing the number of women in the industry.

Frances O'Grady says the government is taking a sledgehammer to local government.

On 15 January, the Swiss National Bank abandoned the euro cap.

Have no mercy, eschew the supermarkets wherever possible, and rejoice in what could be the end of an evil empire

The world's largest oilfield services provider said it will cut 7% of its workforce.

Oil prices have plunged 60% over the past six months and have hit companies hard.