But the firm says 200 workers will avoid being made redundant.
US prosecutors alleged that Weil helped 17,000 American clients to evade taxes between 2002 and 2007.
China's economic growth is expected to hover at 7.6% in 2013.
British arm of US grocer enjoyed a good performance at Christmas both in store and online
Deloitte CFO survey said most CFOs feel now is good time to take risk onto their balance sheets.
Suspicions that JPM ignored signs of Bernard Madoff's Ponzi scheme is set to be resolved
Media reports say it will be the fourth out of the 'Big Six' to cut prices
Robocoin, which builds bitcoin ATMs, had earlier said it would launch ATMs in Hong Kong and Taiwan.
Social gaming firm Zynga said it would start accepting bitcoin as payment option.
Tony Blair's vast business empire enjoys most successful financial year since former PM left office in 2007.
Proposed TCS Learning Campus would train 50,000 technology professionals per year.
Reuters reports that Pentagon waived federal laws to avoid delays in F-35 programme.
Policy Exchange argued that Performance-Related Pay can also improve teaching and learning.
45-year-old recycling business tycoon Chen Guangbiao offers to buy NY Times for $1bn.
Tesco completes successful sale and leaseback in South Korea with real estate fund manager Samsung SRA
Kevin Green, chief executive of the Recruitment and Employment Confederation, is optimistic.
TechCrunch reported that Robocoin that builds bitcoin ATMs is planning further launches in Europe, Canada and US.
The manufacturer says it will take the "necessary actions" following the Indian government's decision.
Vodafone is in early talks with Tata Group to acquire controlling stake in Tata Teleservices, according to Economic Times.
Coastal regions on standby for massive storms as flood protection services slashed.
83-year-old billionaire awaits outcome of $100m damages claim.
Microsoft founder Bill Gates gained most in 2013 with his fortunes increasing by $15.8bn.
Next raised its profit forecast after fourth quarter sales came in significantly ahead of its expectations
HoF said to be in talks about potential takeover by French counterpart Galeries Lafayette.
RBS and Natwest credit card customers were hit by another round of problems
Mandiant became popular after it exposed Chinese hackers last year.
Record numbers of Hollywood films make losses over $100m at the cinema.
Tis the season to feel disgusted with yourself and part with even more cash
Ikea Germany head Peter Betzel said the company would increase its market share to 25% from current 13%.