Google's Chief Business Officer Nikesh Arora Quits to Join SoftBank as Vice Chairman
Arora expanded advertising markets beyond traditional areas and brought display ads to YouTube.
Malaysia Airlines MH17 Crash: Company Shares Plunge About 18% on Second Disaster in Four Months
Malaysia Airlines shares earlier fell 17.8% at 0.185 ringgit on Kuala Lumpur stock exchange.
European Carmakers Volkswagen and Fiat in Talks for Mega Merger
Germany's Manager Magazin reported that companies are engaged in top-level talks.
Football World Cup Russia 2018 to be Most Expensive Ever
Tournament in 2018 would cost Russia $11,500 per seat, compared to $6,500 for Brazil in 2014, according to Der Spiegel.
China's State-Owned Firms Record Higher Profit as Mini-Stimulus Measures Help Revive Economy
State-owned enterprises report total profit of 1.22tn yuan for first half, up 8.9% from previous year.
Microsoft to Announce Biggest Staff Layoff, Mostly From Nokia Business
Microsoft expected to announce more than 6,000 job cuts, the biggest in company's history.
Yahoo Executive Maria Zhang Files Defamation Case Against Sexual Harassment Accuser Nan Shi
Complaint alleges that Shi made false claims that ruined Zhang's professional and personal reputation.
US Federal Debt to Reach 106% of GDP in 25 Years on Growing Budget Deficits
Federal debt is now equivalent to about 74% of GDP, highest level in US history except period around World War II.
Japanese Messaging App Operator Line Files For Tokyo IPO at $9.6bn Valuation
Line is also considering separate listing in US.
$100bn New Brics Development Bank to Rival World Bank and IMF
The bank based in Shanghai comes with a $100bn currency pool.
China Removes Oil Rig in Disputed Paracel Islands Easing Tensions with Vietnam
China's rig deployment in May augmented tensions with Vietnam and led to anti-China riots in the southeast Asian nation.
India Plans $3bn Stake Sale in State-Owned ONGC
India targets $10.5bn privatisation revenues in the current fiscal year.
Big China Banks Halt Controversial Yuan Remittance Scheme After Money Laundering Allegations
China Central Television earlier alleged that Bank of China is helping launder money through 'Youhuitong' service.
Germany's DAX Gains After World Cup Final Win As Argentine Shares Lag
Argentine shares lagged behind other indices in region, while Germany's DAX performed well.
Microsoft to Lay Off Thousands as it Integrates Nokia's Handset Business
Job cuts to be announced could be biggest in Microsoft history, topping 5,800 layoffs in 2009.
Vulture Fund Warns Argentina of Fresh Default and Seeks Immediate Talks
Aurelius says Argentina still has time to engage in serious negotiations and avoid default.
China Riled by West Hitting the Brics
Xinhua news agency opposes claims in West that five Brics economies are fragile and fading.
Shire Recommends AbbVie's Sweetened £31bn Takeover Proposal
Shire board is in detailed discussions with AbbVie in relation to sweetened £53.20 per Shire share offer.
GlaxoSmithKline 'Private Eyes' Peter Humphrey and Yingzeng Yu Charged in China
British investigator Peter Humphrey and his wife Yingzeng Yu were indicted for allegedly obtaining and selling information illegally.
Samsung Suspends Chinese Supplier Accused of Child Labour
Samsung found evidence of child labour at its supplier, Dongguan Shinyang Electronics.
Air India-Operated Boeing 787 Dreamliner Grounded in Sydney Due to Landing Gear Glitch
Air India has faced troubles with Dreamliner three times this week.
Europe Keen on Bitcoin Regulatory Framework as Digital Currency Gains Popularity
Poland, France and Italy have made fresh announcements regarding regulation of digital currencies.
Top Level Female Yahoo Executive Sued by Former Subordinate for Sexual Harassment
Maria Zhang, senior director of engineering at Yahoo Mobile, sued by former employee Nan Shi for coercive oral and digital sex.
Shire in Early Stage Talks with US Rival AbbVie for £30bn Merger
Deal would shift AbbVie's tax regime to UK, reducing its corporate tax rate significantly.
Bitcoin Venture Capital Investments Soar 28% on Increased Optimism
Venture capital investments in bitcoin totalled $73m in second quarter, up 28% from first quarter.
Argentine Economy Minister Axel Kicillof Conspicuously Absent from Vulture Funds Meeting
Delegation to meet court-appointed mediator will be formed by economy ministry's judicial and financial team.
FX Fixing Scandal: FCA Expects More Foreign Regulators Involved as Investigation Widens
FCA received 52 requests from foreign regulators in 2013/14 for assistance on forex inquiries.
China to Liberalise Interest Rates in Two Years: Central Bank Chief
China's central bank governor Zhou Xiaochuan said reforms are necessary for China.
Bank of China Scrutinised Over International Money Laundering Allegations
Bank of China is accused of money laundering via its Youhuitong service.
Improved China Trade Data Signals Near-Term Growth Rebound
Exports for June rose 7.2%, compared to May's growth of 7%, and trade surplus remained about $30bn.
