China's Economy Rebounds in Fourth Quarter but Slows to 13-Year Low
China's economy recovers from a slowdown in the fourth quarter with a growth rate of 7.9 percent.
Dixons Posts Strong Christmas Sales on Higher Tablet Demand
Dixons projects full-year profit in line with market expectations of £75m to £85m.
eBay Posts 18% Jump in Revenue as Mobile Commerce Boosts Sales
eBay records strong revenue growth in 2012 with its mobile applications contributing a major portion of business.
Australian Unemployment Edges Up in December on Sluggish Domestic Demand
Rising unemployment is seen as a major challenge for Prime Minister Julia Gillard who is seeking re-election in 2013.
European December Car Sales Plunge Most In Two Years
Car registrations in Europe declines due to weak demand in the crisis-hit region.
Wal-Mart to Hire 100,000 Veterans in $50 Billion Boost to US Economy
Wal-Mart proposes new measures to rebuild its image amid criticisms over its low-paying jobs and buying practices.
World Bank Cuts 2013 Global Growth Forecast Citing Weakness in Developed Nations
The World Bank cites slow growth in eurozone, fiscal issues in the US as some of the risk factors for global economy.
RBS 'in Talks' with Yes Bank to Sell Indian Unit
Move by RBS for Yes Bank takeover comes after earlier failed bid to sell to HSBC..
UK House Prices Stable in December And to Rise 2% in 2013
Royal Institution of Chartered Surveyors forecasts pick-up in prices.
HMV in Administration Putting 4,500 Jobs at Risk [VIDEO]
Accountants Deloitte to run music and film retailer's 239 stores in UK and Irish Republic.
Indian Inflation Eases in December Raising Hopes of Rate Cuts
India's inflation rate declined primarily due to slowdown in the prices of manufacturing items.
London Hotels to Suffer Slow Down in 2013 on Lower Demand
PWC says London's global status will help recover its hospitality sector though it is set for a decline in 2013.
Singapore Sets Tough Rules for Foreign Home Buyers
Singapore increases stamp duty of residential purchases by foreigners to 15 percent from previous 10 percent.
Network Rail to Go 'Nuclear Powered' with £3bn EDF Energy Deal
Network Rail has entered into a 10-year deal with the French-owned EDF Energy to provide low-carbon electricity to the railways.
Jessops Shuts All UK Stores with Loss of 1,370 Jobs
Jessops has been hit by falling demand for digital cameras as high-street customers switch to mobile phones.
Honda to Axe 800 UK Jobs on Weak European Demand
Honda is planning 800 job cuts at its Swindon plant, which produces the Civic, Jazz and CR-V models.
India's Industrial Production Contracts in November on Weak Mining and Manufacturing Data
Holidays in connection with the Diwali festival have pulled down India's factory output in November.
China's December Inflation Increases 2.5% on Rising Food Prices
China's coldest winter in 28 years has pushed up food prices, taking inflation rate to seven-month high.
UK Construction Sector Set to Recover in Early 2013
RICS survey indicates optimism in construction sector as workloads picked up in the final quarter of 2012.
Rolls-Royce Reports Record Car Sales in 2012
Rolls-Royce retains its position as market leader in the ultra- luxury segment despite tough macro-economic and industry conditions.
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.