Black Friday Online Sales Hit $1Bn Mark for First Time
E-commerce sales surge over US holiday season as consumers flock to web retailers.
Apple Seeks to Add Galaxy Note II And Galaxy S3 to Patent Case Against Samsung
Six Samsung products including the Galaxy Note II and Jelly Bean-run Galaxy S3 are likely to be added in a multi-billion dollar lawsuit between Samsung and Apple.
Dubai to Build World's Largest Shopping Mall
Growth in tourism has allowed the emirate to revive its stalled development projects.
Wal-Mart’s India Venture Suspends Executives amid Internal Bribery Probe
Wal-Mart's joint venture with Bharti has suspended five members of its legal team as India's government still faces troubles with its FDI in retail policy.
Glencore-Xstrata Merger Clears EU Hurdles, Awaits Nod from China and South Africa
EU approved the merger between Glencore and Xstrata but the deal is yet to be okayed by China and South Africa
UBS Faces £45m Fine in Rogue Trading Case
UBS at risk of huge FSA fine for failure to detect unauthorised trades of jailed Kweku Adoboli.
SABMiller Shares Rise on Strong Interim Results
The shares of SABMiller gains more than 5 percent in morning trade after the company posts profit growth boosted by its Latin American and African businesses.
Samsung Wins Court Order to Access Apple- HTC Settlement Terms
Apple has been ordered to disclose the details of its lawsuit settlement with HTC, after rival Samsung demanded the terms of the settlement.
China to Boost FDI with Simplified Procedures
China is planning to simplify approval procedures for foreign investors in an attempt to spur growth in the economy
UK Loses £5bn in Tax Avoidance Schemes [VIDEO]
HMRC's effectiveness in tackling tax avoidance under question because of backlog of 41,000 cases.
Xstrata Shareholders Approve Glencore Merger but Reject 'Golden Handcuffs'
Xstrata receives shareholders' approval to merge with Glencore, paving the way for the formation of a natural resources giant.
Premier Foods to Axe 900 Jobs in Bread Division
Premier Foods is restructuring its struggling bread division, which is expected to have 900 redundancies.
Comet Axes Further 735 Jobs
Comet has so far announced more than 1000 job cuts at its head office, support functions and across its home delivery networks.
Ocado Shares Surge On Fresh Capital Injection
Ocado Group shares gain more than 20% as it secures fresh capital to fund expansion.
UK Retail Vacancies Soar Amid Sector Weakness
Vacancy rate in the UK's high streets and shopping centres put at 11.3% in October.
Cisco to Buy Cloud Computing Company Meraki For $1.2bn
Meraki acquisition to boost Cisco’s cloud management networks.
China Likely to Maintain Property Curbs As Home Prices Edge Up in October
Increase shows stabilisation of Chinese property market.
Carlos Slim to Buy Majority Interest in Spanish Football Club
Billionaire will invest €2m in troubled Spanish football club Real Oviedo to acquire 35 percent stake.
BP Targets £3.7bn Share Buyback
BP plans huge share buyback following its profit-making deal with Rosneft of Russia.
Comet to Shut Down 41 Stores
Troubled retailer to close 41 in-stores by end of November if it cannot find a buyer for stores.
UK Government Doubtful of Recovering £66bn RBS and Lloyds Bailouts
Report says £66bn invested in RBS and Lloyds may never be recovered, and taxpayers may lose £2bn from Northern Rock sale.
Facebook Comes up with Revised Settlement in Privacy Violation Suit
Facebook to set up $20m fund from which members may claim up to $10 each.
Dell's Third-Quarter Profit Hit By Lower Organisational Spending and Sluggish PC Market
Profit dips due to weak industrial demand and rising popularity of mobile computing.
Moody's to Review UK Credit Rating On Economic Slowdown
Britain's triple-A debt rating will be reviewed following Chancellor George Osborne's autumn Budget Statement
UK Loses £14bn a Year On Lower Heathrow Capacity
Report stresses need for making Heathrow an international hub amid stiff competition from Europe.
Toyota to Recall 2.8 Million Vehicles Worldwide
The company is recalling about 2.77 million vehicles worldwide due to problems related to steering wheel and water pump system.
Cisco Posts 18% Jump in First Quarter Profit Driven by Higher Sales and Cost Cuts
Cisco reports a net income of $2.09bn (£1.83bn), up 17.7 percent year over year for the first fiscal quarter.
Archduke Joseph Diamond Fetches Record $21m
The buyer is reportedly going to donate the diamond to a museum for display
Home Depot Third Quarter Profit Up on US Housing Market Recovery
Home Depot also raises its full year forecast
Archduke Joseph Diamond to Be Auctioned For Over $15m
76-carat diamond largest from India's Golconda from where Koh-i-Noor came.
