Afren's former bosses cough up $20m to avoid litigation
Former CEO Osman Shahenshah and chief operating officer Shahid Ullah were sacked in October for gross misconduct.
Macau's casinos hit by China's anti-corruption drive
Casino revenue in Macau drops 2.6% to $44bn in 2014, after a record 30.4% monthly drop in December.
China builds world's largest facility using coal mining gas to generate electricity
Project makes use of methane gas released during coal mining, saving the environment from greenhouse gases.
Pimco's flagship fund trails 53% of its peers in 2014
Pimco missed a rally in longer-term bonds in 2014 and bet incorrectly that inflation will rise.
More news
Tokyo Police suspect internal system manipulation behind 99% of missing Mt Gox bitcoins
Only 7,000 bitcoins or 1% of the total 650,000 missing from exchange could be attributed to external hacking attacks, according to police.
Dubai overtakes Heathrow as world's busiest airport
Dubai International airport recorded passenger traffic of 68.9 million as of 22 December, compared to 67.8 million at Heathrow.
Top London bankers' average pay in 2013 was 50 times UK annual average wage
Top City bankers were paid an average of £1.3m in 2013, according to data compiled by Reuters.
Asda, Tesco and Sainsbury's announce petrol price cuts
The three will reduce fuel prices by 2p per litre.
Argentina could soon reach settlement with holdouts as key bond clause set to expire
Rights Upon Future Offers clause expires on 31 December.
Oil price slide prompts US baron Harold Hamm to appeal against $1bn divorce settlement
Hamm earlier called the ruling "fair and equitable" and publicly had thanked the judge.
AirAsia plane overshoots Philippines' Kalibo Airport runway just days after flight QZ8501 crash
Pictures show that an emergency slide had to be deployed
City Link staff given hope as rival parcel courier offers 100 jobs
APC Overnight in Staffordshire is prioritising workers affected by City Link's collapse on Christmas Day.
Hyundai Motor to build two factories in China despite slowdown
Hyundai and affiliate Kia Motors to have a combined China production capacity of 2.7 million vehicles by 2018.
EasyJet plane forced to make emergency landing at Stansted Airport
It comes just a day after a Virgin Atlantic flight had to be grounded
Toyota to miss 2014 China sales target due to slowdown
China's 2014 GDP growth remains on track to miss Beijing's 7.5% target and mark the weakest expansion in 24 years.
Canary Wharf's third largest shareholder Franklin Mutual backs Qatari bid
Franklin Mutual has a 7% stake in Canary Wharf Group, which is majority owned by Songbird Estates.
Better Capital boss Jon Moulton: City Link's Christmas Grinch
Moulton said he had lost £2m of his own money after City Link went into administration.
City Link administration: 2,000 employees to lose their jobs on New Year's Eve
More than 2,000 staff will be made redundant on 31 December.
Ofcom boss Ed Richards 'surprised' after government favoured Rupert Murdoch and News Corp
Richards warned the media should not fall into 'too few hands'.
JD Wetherspoon: UK pub giant to open 200 pubs and create 15,000 jobs in £400m expansion
New job roles will cover all areas, from bar staff to managerial positions.
Saudi Arabia plans to open stock market to foreign investors in April
The kingdom does not plan to make significant changes to draft regulations published in August 2014.
AirAsia Flight QZ8501: Allianz is lead reinsurer to missing jet
German insurer is also the lead liability insurer for Malaysian Airlines, which lost two aircraft earlier this year.
Japan approves $29bn stimulus package to pull country out of recession
Stimulus package for country's regions aims to pull Japanese economy out of recession.
Xbox Live back online after hacking attack, but Sony Playstation Network still down
Hackers named Lizard Squad say they have stopped cyber attacks at online gaming platforms.
Sony's 'The Interview' makes $1m on Christmas Day
Film on fictional CIA plot to assassinate North Korean leader Kim Jong-Un doing well at box office.
China's moves challenge India's polished diamond throne
China has dodged a time-honoured trade route by sourcing diamonds directly from African mines.
China's Dalian Wanda acquires online payments firm 99Bill
Chinese firm 99Bill caters to over two million registered merchants and handles over two million transactions a day.
Qualcomm could get fines exceeding $1bn as China looks to settle antitrust probe
China's National Development and Reform Commission says case will be settled soon according to law.
China seen adding 13 million jobs in 2014 despite slowdown
China added 10.82 million new jobs in the first nine months of 2014, meeting Beijing's target.
Kellogg and Abraaj raise pitch for takeover of Egypt's BiscoMisr
Kellogg's bid, for 89.86 Egyptian pounds ($12.6) per share, follows an 88.09 pounds offer by Abraaj Asset Management.
Japan benefits greatly from oil price fall: BoJ's Haruhiko Kuroda
BOJ chief says oil price fall will help boost corporate profits and allow firms to raise wages.
Starbucks expands outlets in Russia as coffee creates a multi-billion dollar buzz
US government estimates show Russia is increasingly turning its back on tea.
Uber apologises for surge pricing during Sydney siege
Some fares were raised to a minimum of A$100 (£52, $82).
India: Modi orders insurance, coal reforms despite political opposition
The orders have to be approved by the parliament within six weeks of the opening of the next session.
- Promoted in Companies
- 1
- 2
- 3
- 4
- 5
-
'High IQ Table': Trump Hosts AI Titans at White House Dinner — With Two Big Names Missing
-
Quick Facts about Carlo Acutis: Age, Cause of Death, What Was His Miracle and Why Is He Becoming a Saint?
-
Donna Adelson Guilty of First-Degree Murder of Daniel Markel — Is Her Daughter, Wendi, Next?
-
Donna Addelson Convicted of Murder: What Did She Do and What Was the Sentence?
