Glencore mining tycoon Telis Mistakidis pays £46m for London Belgravia flat
Telis Mistakidis bought Belgravia flat as individual rather than via a business.
Cuba to attract more tourists with US deal but needs to modernise
Every winter, tourists from frozen homelands in Canada and Europe fill the sunny streets of Old Havana admiring its picturesque cathedral, colonial buildings and centuries-old squares.
Food bank boss warns of 'rising distress' of families facing 'catastrophic collapse' in income
Chris Mould, chair of the Trussell Trust, also says he has seen unfair benefit decisions rise.
House prices nearing trough in Denmark, Ireland, the Netherlands and Spain: IMF
Prices have begun stabilising in the Netherlands and rising in Denmark and Ireland.
More news
European shares index gets fillip from German retail data and UK supermarkets
Sainsbury's shares were up by 2.3% in the FTSEurofirst 300 index.
UK house prices and rampant demand boosts Persimmon's revenue by 23%
In 2014, the average new Persimmon home cost £190,500.
Euro plunges to new 9-year low with Eurozone inflation seen falling to multi-year lows
December price rise data may increase deflation concerns in Eurozone.
Bank of England failed to spot financial crisis a month before it broke
The head of the Treasury Select Committee also said officials failed to hold the BoE accountable.
Retail prices drop for twentieth consecutive month in December
Deflation was 1.7% in December, according to the BRC.
UAE oil minister says global crude glut may last years
Suhail bin Mohammed al-Mazrouei says crude prices could recover if non-Opec producers "act rationally".
Global services sector growth drops to 14-month low: JP Morgan survey
Ireland and UK have topped the global service sector output ranking.
HSBC survey: China's GDP growth to fall to new low, Brazil seen heading back to recession
Global emerging market output index moved up helped by expansion in India, while Russian downturn has intensified.
Germany working on contingency plans for possible 'Grexit', says tabloid
German tabloid Bild has said that the country is running scenarios for the upcoming Greek elections in case leftwing Syriza emerge victorious.
Randall Park Mall: Johnny Joo's haunting photographs of Ohio's abandoned shopping city
When Randall Park Mall opened in 1976, it was the world's largest shopping centre.
Why China scrapped quotas on rare earth metal exports
China, in pursuit of cheap commodities, could be forced to play by free trade rules.
Understanding Bitcoin: Cryptography, engineering and economics by Pedro Franco [Review]
New book promises financial professionals a comprehensive guide to bitcoin and other cryptocurrencies.
UK 10-year gilt yield falls to new 19-month low
The auction cutoff on Tuesday was more than 20% down from the November auction.
Technical analysis: Kiwi dollar holds above December low but downward trend expected
NZ dollar targets 0.7450 and 0.7350 ahead of 0.7115, on the downside.
Oil prices reach fresh lows as Brent dips below $52
Crude oil has lost more than half of its value since June 2014.
Japan plans to develop 2020 Olympics Village into 'hydrogen town'
Japan plans to use hydrogen to power 2020 Olympics Village proposed in Harumi district of Chuo Ward, Tokyo.
Asian markets outside mainland China drop on oil fears
Danske Bank expects oil prices to fall further in the short term.
FTSE 100 bosses earn more in two working days of 2015 than average person in a year
The High Pay Centre has dubbed 6 January 'Fat Cat Tuesday'.
Jim Murphy: Wealthy English homeowners to fund Scotland's NHS under new Labour government
Scottish Labour leader pledged to use Ed Miliband's 'mansion tax' to prop up Scotland's NHS.
UK house prices to rise as first time buyer level hits seven year high
Number of first time buyers rose 22% compared with 2013.
China needs more stimulus measures to boost demand: HSBC
HSBC China services PMI rises boosted by new orders.
US oil falls below $50 a barrel for first time since April 2009
US West Texas Intermediate oil falls to five-and-a-half year low as producers boost production.
William Keegan: Happy new year? Not for the eurozone as economic woes lead to survival fight
Eurozone woes, austerity plans, budget deficits and a looming general election set the stage for 2015.
UK petrol prices fall closer to £1 a litre
Petrol prices in the UK are falling closer to £1 a litre as the UK's supermarket giants cut prices.
What we learnt from Ed Miliband's 2015 General Election campaign speech
IBTimes UK takes at the look at some of the main themes from the Labour leader's Salford speech.
Francois Hollande calls for lifting of Russia sanctions 'if there is progress' on Ukraine
French President Francois Hollande urges lifting of Russia sanctions if progress made over Ukraine.
Technical analysis: Pakistan's rupee near crucial resistance, seen falling back to 105/$
With core inflation rate falling, fundamentals too do not support a further rally in the Pakistani rupee.
Asda slashes petrol price by further 2p per litre
Prices heading towards £1 per litre as major supermarkets seek to lure customers with cheap petrol.
Sterling falls to 17-month low vs dollar ahead of BoE rate decision, US non-farm payrolls
Construction PMI declines to new low adding to pound's woes.
UK housebuilding enjoys strongest year since 1997
But overall Britain's construction sector grew at its slowest rate since July 2013.
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