German Economists Call for €100bn Eurozone Investment Fund
Eurozone's investment gap is 2% of gross domestic product or around €200bn annually, according to German Institute for Economic Research.
Bank of England Forms New Economic Data Unit Under Andy Haldane
Move is part of BoE governor Mark Carney's efforts to restructure the central bank's operations.
JPMorgan CEO Jamie Dimon Reveals He Has Early Stage Throat Cancer
Dimon said the ailment is curable and will not significantly affect his work.
Tata Steel to Cut 400 Jobs in Port Talbot As Lower Demand in European Market Hurts Business
Tata Steel has faced long-term downturn in European steel markets for more than five years.
NSA Was Allowed to Spy on India's BJP And Egypt's Muslim Brotherhood: Snowden Documents
US court allowed NSA in 2010 to spy on 193 foreign governments and political organisations.
India Signs Agreement to Attract Chinese Investments in Industrial Parks
Agreement is part of India's move to shrink its trade deficit with China.
Heathrow Airport Plans to Raise Landing Fees by 20% to Cover Costs of Proposed £16.8bn Third Runway
John Holland-Kaye, CEO of Heathrow Airport Holdings, tells FT he is confident about obtaining approval for third runway.
Argentina Obstinate With 'Vulture Funds' as 30-Day Grace Period Begins
Argentina will fall into technical default without settling issues with holdout funds in 30 days.
BNP Paribas Pays $9bn and Pleads Guilty to Violating US Sanctions
The bank also agreed to fire 13 employees and face a temporary ban on processing dollar payments in New York.
Bitcoin Prices Rise 6% As Data Shows Robust Demand For Coins at Auction
Bitcoin rates rise as high as $635.73, up 6.2% from previous closing price.
Bitcoin Becomes Legal Money in California
California governor Jerry Brown signed into law bill approving bitcoin and other digital currencies as valid forms of payment.
Australia Software Firm Cocoon Data Enters Stock Market With $53m Reverse Takeover
ASX-listed Prime Metals will merge with Cocoon, which will subsequently change its name to Covata Limited.
UK Financial Firms' Profitability Falls Despite Business Optimism
Survey by CBI and PWC found overall profit fell in second quarter, following six quarters of robust rises.
BNP Paribas Boss Jean-Laurent Bonnafe: 'We Will Receive a Heavy Penalty'
BNP expected to reach agreement with US regulators on 30 June.
BNP Paribas to Plead Guilty And Fire Execs in $8.9bn Settlement with US Regulators
Fine, in case relating to US sanctions against Iran, Sudan and Cuba, to surpass $1.9bn paid by HSBC.
Argentina Accuses US Judge of Abusing Power And Trying to Provoke Default
Government releases official statement, criticising US judge's decision to block payments to creditors.
Bitcoin Closes Above $600 As US Government Auctions Off 30,000 Coins Seized from Silk Road
Prosecutors had seized about 30,000 bitcoins from Silk Road, which was accused of drug trafficking, computer hacking and money laundering.
Argentina Blames US Court's 'Absurd' Ruling for Assisting 'Global Usurers'
Without staying previous judgement, Argentina cannot promptly make its due payments.
MtGox Boss Mark Karpeles: I'm Deeply Sorry. I'm Frustrated With Myself
Karpeles told WSJ that he doesn't believe more lost bitcoins will be found.
Glencore Denies Claims of Tax Dodging in Australia
Glencore was accused of paying zero taxes despite making billions in profits from Australia.
Japan Sees Dizzying Price Rises on Sales Tax Hikes
Japan's sales tax hike in April resulted in high prices for goods.
China Liberalises Foreign Currency Deposit Rates in Shanghai
Pilot programme was tested in Shanghai Free Trade Zone earlier.
WPP CEO Sir Martin Sorrell Wins Majority Shareholder Approval for £30m Pay Package
Sorrell's £30m compensation for 2013 highest among FTSE 100 leaders.
BNP Paribas Faces One Year Ban on US Dollar Clearing in New York
Ban is in addition to BNP's $9bn payment to US regulators in settlement charges.
Fracking Boom Ends America's 40-Year Ban on Unrefined Oil Exports
The US Commerce Department has allowed Pioneer Natural Resources and Enterprise Products Partners to ship condensate to foreign buyers.
Bitcoin Rates Continue to Fall as US Government Set to Auction 29,000 Coins Seized from Silk Road
Bitcoin prices fell as much as 1.77% on 28 June, following 2.11% and 1.91% declines in previous two days.
EU Ban on Imports from Crimea Influenced by US: Crimean Head Sergey Aksyonov
Aksyonov said ban deprives Europe of market.
Tech Savvy California Moves Closer to Legalise Bitcoin
Bill to legalise digital currencies passed by state senate and assembly awaits final approval from the Governor.
Bernie Madoff's Accountant Paul Konigsberg Pleads Guilty to Falsifying Records and Conspiracy
Konigsberg said he was not aware of Madoff's Ponzi scheme.
BNP Paribas Relocates US Sanctions Compliance to New York Ahead of $9bn Settlement
BNP reached broad agreement with US regulators that is expected to be announced next week.
