Tencent and Baidu Join Wanda for $814m Chinese Clicks and Bricks Venture
Companies look to gain from high-growth e-commerce market in China, dominated by Alibaba.
Argentina Debt Fallout: New Rules Proposed to Prevent Similar Defaults
New rules would limit holdout creditors' ability to litigate and undermine sovereign debt restructurings.
Russia's Sberbank Offers Free Cats on Home Loans
Russian lender looking to cash in on popular superstition and boost mortgage business.
GSK's Experimental Ebola Vaccine Approved for Testing on Humans
GSK is developing the vaccine with the Vaccine Research Centre of America's National Institutes of Health.
Telecom Italia and Telefonica Compete for Vivendi's Brazilian Broadband Unit GVT
Telefonica increased its offer for GVT to €7.5bn, after Telecom Italia offered €7bn in cash and stock.
Shanghai FTZ to Launch Eight International Commodity Trading Platforms
Focus will be on transactions in oil, gas, iron ore, cotton, liquid chemicals, silver, bulk commodities and nonferrous metals.
Microsoft Boss Satya Nadella to Visit China Amid Antitrust Headache
Satya Nadella is visiting China in late September, Reuters reported.
Japan's Toto Opens New Plant in India as Narendra Modi Plans Toilets for All Homes
Sanitary-ware maker Toto opened a plant in Gujarat, spending $58m.
Air India Website Crashes as National Carrier Offers £1 Tickets for Five Days
Air India is celebrating 'Air India Day' on 27 August, and is offering tickets for as low as 100 rupees.
100,000 Employees in Korea's Financial Sector to Strike Against Job Cuts
Korea Financial Industry Union, representing 37 financial firms, is organising the strike on 3 September.
Malaysia Airlines Likely to Cut 25% Staff as Part of Restructuring
Disaster-hit airline may also reduce routes and change its leadership.
Food Safety Scare Grows as China Seizes 30,000 Tonnes of Tainted Chicken Feet
Chicken feet contaminated with hydrogen peroxide were seized from different provinces in China, according to Xinhua.
China Investigates Microsoft's Sale of Media Player and Web Browser in Antitrust Probe
Microsoft is yet to provide full information related to Windows and Office software, as well as problems in sales of its media player and browser, according to SAIC.
Amazon Buys Gaming Forum Twitch for $970m
Twitch has more than 55 million monthly active users and represented 1.35% of all Internet traffic in March.
Buffett Bolsters Burger King Acquisition
Buffett's Berkshire Hathaway to provide 25% of deal's financing in form of preferred shares, WSJ reports.
CBI: UK Services Growth Slows but Recovery Remains on Track
CBI survey shows business volumes rose at weakest rate in three months to August.
Bitcoin Villain Mark Karpelès Gets into Web Hosting Business
Karpelès launches new web hosting service, Forever.net.
China Hints at 'Expropriation' of German Auto Parts Makers' Assets
Three German auto parts makers 'told' by China to form joint ventures with local peers to continue operations.
Former Goldman Sachs Banker Joins F1's Board as Bernie Ecclestone Returns After £60m Settlement
Sean Mahoney to join board of Delta Topco, owner of FI Group.
Vince Cable Proposes Legislation to Force Large Firms to Disclose Salary Details of High Earners
Proposal announced by Cable would be included in Liberal Democrats' election manifesto.
Roche to Buy US Biotech Company InterMune for $8.3bn
InterMune's lead medicine pirfenidone is approved for the fatal disease idiopathic pulmonary fibrosis in the EU and Canada and is under regulatory review in the US.
Japanese Firms Suffer from Labour Shortage as Working Population Ages Rapidly
Reuters survey finds Japanese firms are finding it difficult to attract workers and retain them.
Argentina Accuses US Judge of Using 'Imperialist Expressions'
US Judge Thomas Griesa earlier ruled Argentina's proposed debt swap illegal.
First-Time Home Buyers in UK Save £1,300 Per Year Compared to Renters
Falling mortgage rates make buying better option for people than renting.
HSBC Faces $250m US Lawsuit for 'Ignoring Signs of Fraud of Late David Elias'
Bank allegedly ignored warnings that late entrepreneur David Elias was committing fraud through investment vehicle.
LSE Plans £938m Rights Issue to Fund Frank Russell Acquisition
The London Stock Exchange Group intends to raise £938m ($1.56bn, €1.17bn) from shareholders.
EBay 'to Spin Off PayPal as Early as 2015'
Activist investor Carl Icahn had earlier opined that PayPal can grow faster if it becomes separate.
US Judge Rules Argentina's Debt Swap Proposal Illegal
Argentina proposes to pay its bondholders locally as US judge banned country's payment through New York bank.
iPhone 6 Sales Expected to Hit 10 Million in First Week
Every new iPhone has experienced a better start than its predecessor.
Toyota Cuts Lexus Spare Parts Prices in China Amid Heightened Antitrust Scrutiny
Prices of about 15,000 parts will be cut by average 26% from September.
