Jerin Mathew

Senior Business Reporter

2971-3000 (out of 3184)

Jerin Mathew is a senior business correspondent at The International Business Times. He previously worked with SNL Financial and RTT News in similar roles. He holds a master's degree in business administration (specialised in Finance). He is a graduate in philosophy from Mahatma Gandhi University, India. He is based in Bangalore and can be reached at j.mathew@ibtimes.com. He can be followed on Twitter at @jerinmatthewmm.

Britain Invests Record £62 Million to Promote Cycling

The funding is part of £107m aid for cycling announced by the government over the past 12 months.

Japanese Airlines 'Changed' 787 Batteries Many Times Before Recent Incidents

All Nippon Airways had changed below-par lithium-ion batteries 10 times last year, while Japan Airlines said it did so in a few cases.

China's Wanxiang Gets Nod to Acquire US Battery Maker A123 Systems

The US politicians and lobby groups have criticised the deal due to the company's strategic importance.

South Korea Industrial Output Expands at Weaker Pace in December

South Korea's industrial output slightly expands in December as higher domestic demand offset decline in exports.

UK Retail Rents to Decline as Demand Falls Amid High-Street Casualties

Retail rents are expected to fall over the coming months due to a decline in floor space demand.

India Cuts Interest Rates for First Time in Nine Months to Boost Economic Growth

India's central bank has cut key interest rates after the country's headline inflation eased in December.

Yahoo Fourth-Quarter Profit Declines Despite Revenue Growth

Yahoo reports better revenues under its new CEO Marissa Mayer but profit declines due to restructuring costs.

Toyota Regains Global Top Spot with Record Sales

Asian and North American markets offset weak demand from Europe for the Japanese automaker.

China's Industrial Profits Rise 17% in December

China's industrial profits rise for the fourth straight month in December, indicating ongoing economic recovery.

Myanmar Gets $900 Million Fresh Loans from ADB and World Bank

Myanmar receives another round of help from international creditors to boost the socio-economic development of the country.

China Imposes Anti-Dumping Duties on US and EU Chemicals

The decision will hit major US and European chemical companies.

Starbucks' Vigo Street branch in Mayfair

Starbucks Posts Solid Profits amid Slowing European Sales, UK Store Closures

Record three-month revenue of $3.8bn offsets European sales slump and criticism of tax practices in UK.

Samsung's Fourth-Quarter Profit Surges to Record 76% as Mobile Earnings Double

Samsung posts better-than-expected profit in fourth quarter on high earnings from chip business and smartphone sales.

Real Madrid First Sports Club to Cross €500m in Annual Revenue

Combined revenues of world's 20 highest earning football clubs grew 10% to €4.8bn in 2011/12, says Deloitte.

Japanese 10,000 yen notes spread out next to U.S. dollar bills

Japan Posts Largest Ever Trade Deficit of £49 Billion in 2012 as Exports Suffer

Japan records annual deficit of 139.7bn yen with the EU while its trade deficit with China doubles to record 3.52tn yen.

HSBC Flash China Manufacturing PMI Rises to 2-Year High in January

Domestic demand expected to drive China's ongoing economic recovery.

Flybe Plans to Cut 300 Jobs in UK to Slash Costs

Flybe to cut 10 percent of its workforce in the UK to turn around the struggling business.

World Economic Forum Meeting opens in Davos

World Economic Forum discusses global, regional and industry agendas to shape world.

IBM Fourth Quarter Profit Up 6% Despite Lower Revenue

IBM records higher profit in the fourth quarter and forecasts operating EPS of at least $20 in 2015.

German Investor Sentiment Nears 3-Year High in January

German economy is expected to grow at a moderate pace in 2013 due to weakness in its important trade partners.

China energy authority drafting shale gas development plan -NDRC

Chinese Firms to Invest £1.3 Billion in Shale Gas Exploration

China has stepped up its efforts to boost shale gas production domestically, allotting more blocks for exploration.

Sweden's Ikea Gets Approval to Open Stores in India

Ikea plans to open 25 stores in India with investment of nearly $2bn over next 15 to 20 years.

A man walks past the London Stock Exchange in the City of London

Housebuilder Crest Nicholson Plans Stock Market Comeback

Crest Nicholson is planning an IPO in order to take advantage of a "gradual recovery" in the UK housing market.

UK Households More Optimistic on Finances in January

The Markit Household Finance Index for January indicates overall improvement in house finances rather than deterioration.

London House Prices Rise in January as New Sellers Flood Property Market

Property prices are expected to match peak levels of 2007 by 2014, says Rightmove.

High Street Shopper Numbers Decline in December

Shopper numbers decline in shopping centres, out-of-town locations and high streets in December.

Manchester Airports Group to Buy Stansted Airport for £1.5 Bn

With the sale of Stansted Airport, the number of airports own by Heathrow Airport Holdings will reduce to four from seven.

Sony Sells US HQ for $1.1 Billion to Regain Profitability

The skyscraper at 550 Madison Avenue will be sold to a consortium led by New York-based Chetrit Group.

Bovis Homes Sees Full-Year Profit Ahead of Market Projections

Pre-tax profit for the fiscal year was driven by an increase in average sales price, higher investment in consented land and improved operating margins.