China Trade Surplus Surges in December as Exports Jump 14%
Increase in exports contributed by higher shipments to US, EU, Hong Kong, ASEAN and Taiwan after dipping in November.
Emerging Markets Lift Sodexo Quarterly Revenues by 7.4%
Company reiterates forecast for modest growth in full-year revenue and operating profit.
Barrick Gold's African Business Sale to Chinese Firm Collapses
Barrick Gold and China National Gold failed to agree on the value of a 73.9 percent stake in African Barrick Gold.
Nokia's Indian Factory Raided on Allegations of Tax Evasion
Finnish phone giant could face £340m tax bill just days after Vodafone was ordered to pay $2bn by Indian authorities.
German November Exports Decline 3.4% on Weak Eurozone Demand
Renewed surge in Chinese economy expected to help German recovery.
Network Rail Announces £37.5bn Expansion Plan for Britain's Railway [VIDEO]
Apart from new lines, plans afoot to strengthen rail infrastructure.
Retail Sales Edged up in December but Remain Weak
Factoring in inflation, weak sales add to economic contraction worries.
Samsung Expects Record Fourth Quarter Profit
Smartphone sales, especially in Galaxy series, expected to boost profits.
Easyjet and Aer Lingus Improve Passenger Numbers in December
Both Easyjet and Aer Lingus report rise in passenger demand in line with the European airline industry which is on the path of recovery.
Child Benefit Cuts Take Effect in Britain
Under the revised scheme, families with one parent earning above £60,000 will lose their entire benefit.
UK Consumer Spending in December Presents Mixed Trends
Ahead of the official data release by the BRC, surveys by Visa and MasterCard give mutually opposing views on consumer spending in the UK.
US Unemployment Rate Stable at 7.8% in December
US unemployment rate remains stable in December, indicating a weak growth in the labour market.
Santander to Axe 3,000 Jobs After Banesto Merger
Santander is planning to shed 3,000 positions after its merger with Banesto.
China's Services Sector PMI Eases in December
HSBC China Services PMI indicates slow pace of growth in December which contradicts with the earlier official data.
US Car Sales Hit 5-Year High with 13% Rise in 2012
Availability of cheap finance and ongoing economic recovery in the US boost car sales.
Swiss Bank Wegelin to Close After Pleading Guilty in US Tax Probe
Wegelin will close its operations permanently after the conclusion of the case.
Microsoft Buys R2 Studios to Add Home Entertainment Features to Xbox
Microsoft acquires Silicon Valley start-up R2 Studios which was also targeted by Google and Apple.
China's Services Sector PMI Expands in December
China's services sector growth adds to signs of economic recovery in the world's second-largest economy.
Train Fares Rise 4.2 Percent to Put Ticket Prices among Europe's Highest
Campaigners say fares have risen 50% in decade yet commuters still face service cuts.
Retail Bankruptcies Set to Rise in 2013 Amid Economic Weakness
More retailers expected to file for bankruptcy in 2013 because of tough economic conditions.
China's Manufacturing Activity Shows 'Modest Improvement' in December
A number of recent data indicate that China's economy is recovering after seven consecutive quarters of slowdown.
Europe Mergers and Acquisitions 2012 Review: Top 5 Deals
M&A activity declines in 2012 due to global economic uncertainty.
China Manufacturing Index Rises to 19-Month High
Domestic demand, rather than exports, driving Chinese growth.
France's Constitutional Council Rejects 75% Millionaire Tax Rate
Government to redraft bill and submit it again to raise tax rate.
Kensington Street Costliest for Property in UK
Egerton Crescent, near Harrods, costliest street in UK at £8.1m.
Japan's Latest Industrial Output Data Underlines Weakness
Industrial output in November declines 1.7 percent and consumer prices fall 0.1 percent.
Ratan Tata Retires as Tata Group Head, Cyrus Mistry Succeeds Him
Under Ratan Tata, group acquired high-profile British brands, including Jaguar Land Rover.
South Korea Cuts Growth Outlook on Slowing Exports to US and Eurozone
South Korea lowers 2013 growth forecast to 3 percent from 4.3 percent.
Toyota to Pay £680m in Settling Lexus Lawsuits Over Acceleration Issues
Toyota will pay record sum to US customers over vehicle defects.
Britain Allocates £22m for Research into Graphene Commercialisation [VIDEO]
'Super material' seen to have immense commercial possibilities.
