China devalues yuan for third straight day taking fix to 4-year low People's Bank of China's fresh devaluation by 1.1% raises fears of global currency war. Aug 13, 2015
US market watchdog charges traders who made over $100m from stolen press releases US SEC has charged traders who infiltrated servers of news agencies and stole more than 100,000 press releases. Aug 12, 2015
Hong Kong police raid Uber offices and detain 3 employees Uber is facing probe in Hong Kong over its drivers, who allegedly operate without proper licence and insurance. Aug 12, 2015 Uber Hong Kong
Wells Fargo explores sale of US crop insurance business US banks under pressure from regulators to strengthen balance sheets by reducing exposure to high-risk businesses. Aug 12, 2015
Barclays and Credit Suisse face large US fines over alleged 'dark pool' malpractices Banks are in talks with US regulators to settle claims of alleged unfair practices. Aug 12, 2015 Barclays
General Electric agrees to sell healthcare finance unit to Capital One for $9bn Sale part of GE's move to divest $100bn worth of financial assets under GE Capital by end of 2015. Aug 12, 2015
Alibaba invests $4.6bn to acquire 20% stake in electronics retailer Suning In return, Suning would acquire a 1.1% stake in Alibaba as part of their strategic partnership agreement. Aug 11, 2015
Shire seen having to raise offer price to get Baxalta to negotiating table Baxalta's Ludwig Hantson reiterates proposal is 'wholly inadequate'. Aug 11, 2015
Kraft and Heinz post lower sales in first post-merger earnings release Sales at Heinz fell by 4.9% to $2.62bn in second quarter, while sales at Kraft fell by 4.1% to $4.52bn. Aug 11, 2015
Food delivery apps pose stiff competition for KFC and McDonald's in China App-based start-ups backed by internet firms such as Alibaba and Tencent aggregate local restaurants, deliver food and offer discounted dishes. Aug 10, 2015
Japan to restart first nuclear reactor since Fukushima disaster Kyushu Electric Power will open reactor at Sendai facility. Aug 10, 2015
Apple supplier Foxconn to set up $5bn project in India Foxconn will invest $5bn over next five years in new plant in Pune in Maharashtra. Aug 10, 2015 Apple Samsung
Warren Buffett's Berkshire Hathaway nearing its biggest acquisition at about $30bn Company close to signing agreement to buy Precision Castparts, which makes aircraft components and energy-production equipment. Aug 10, 2015
BHP Billiton axes 380 mining jobs in South Australia Company cites global challenges in resources sector among reasons for job cuts. Aug 10, 2015
Dick Costolo may exit Twitter's board in possible shakeup Current Twitter board consists of three former CEOs – Jack Dorsey, Ev Williams and Costolo – a rarity in corporate world. Aug 8, 2015 Twitter
China reports weaker trade figures in escalated worries for economy China's exports in yuan terms declined 8.9% year over year in July, while imports fell 8.6%. Aug 8, 2015
Warren Buffett's Berkshire Hathaway reports 37% decline in profit Second-quarter results were impacted by lower investment gains and underwriting losses in insurance business. Aug 8, 2015
Indian pension fund investing in equities for first time The Employees Provident Fund Organisation (EPFO) will invest Rs 50bn in two exchange traded funds. Aug 7, 2015
Saudi Arabia set to borrow heavily as low oil prices create budget deficits Saudi used almost $62bn of its foreign currency reserves so far in 2015, and borrowed $4bn from local banks in July. Aug 7, 2015 Saudi Arabia OPEC
Citigroup's sale of OneMain Financial to be delayed on antitrust concerns Springleaf Holdings, which is set to acquire unit, says deal would be delayed beyond third quarter. Aug 7, 2015 Citigroup