US Wage Rates Rise as Labour Market Tightens in Many Metros
States including Texas, Virginia and Nebraska are raising wages due to competition for workers.
MtGox Abandons Rebuilding Plans as Bitcoin Exchange Files for Liquidation
The collapsed bitcoin exchange MtGox has filed for liquidation according to a report by the Wall Street Journal.
Governments will Kill Bitcoin by 'Taxing it to Death'
One bitcoin user believes the cryptocurrency will be "taxed to death" by the government.
Zebra Technologies to Buy Motorola's Enterprise Business For $3.45bn
Zebra will fund all-cash transaction through cash on hand and new debt.
Infosys Revenue Outlook Lags Behind India's IT Sector
Infosys expects revenue growth in range of 7 to 9% for ongoing fiscal year on increased IT spending by US and European firms.
MtGox CEO Mark Karpeles 'Not Willing to Travel to US' for Bankruptcy Trial
CEO collapsed bitcoin exchange is facing at least two summons in US over MtGox bankruptcy.
China's WH Group Awards $600m to Two Top Executives as Part of Hong Kong IPO
Executives rewarded for their help in acquiring US-based Smithfield Foods.
Ranbaxy Costs US Taxpayers $900m on Import Ban
Cheap copies of Novartis AG's heart drug Diovan, on which Ranbaxy has exclusive rights, is not available in market for 18 months
Korean Executive Tells Court, 'Samsung's Business Model Is Different From Apple'
Apple seeking $2bn from Samsung in fresh $2bn patent infringement lawsuit.
Singapore Set to Record Strong Growth on Global Demand Recovery
Singapore largely depends on external trade for its economic growth.
China Housing Market Bubble Start to Pop as Economy Faces Hard-Landing
Hangzho city with higher vacancy rates has become symbol of China's property market in distress.
Bangladesh Garment Factory Owners Suffer from Mandatory Wage Hike
Factory owners have less money for safety improvements as they had to nearly double wage rates, says Reuters.
Chinese Consortium to Buy Glencore Xstrata's Peru Copper Mine for $5.85bn
Consortium includes MMG Limited, GUOXIN International Investment and CITIC Metal.
Bitcoin Entrepreneur Danny Brewster Wanted by Cypriot Police
Brewster is CEO of Cyprus-based Neo & Bee and is facing complaints of fraud.
G20 Warns of Other Options If US Fails to Enact IMF Reforms by Year-end
Proposed reforms would double IMF's resources and give more voting power to BRICS nations.
South London Garage's Record £550,000 Price in Auction Reflects UK Housing Crisis
568-square-foot, brick-built former coach house generates triple asking price.
India's Infosys Begins Search for Head as Last Founder-CEO Offers to Leave Amid Falling Stock
Bellwether software company hires Egon Zehnder to look for external candidates as last founder-CEO for top position.
Brazil's BitInvest Launches MasterCard Compliant Bitcoin Card with Potential Global Reach
BitInvest's Coincard can be topped up with bitcoins and can be used like almost any other MasterCard.
US Investor Group Proposes to Buy MtGox for 1 Bitcoin
The group is planning to revive exchange and repay stakeholders over time.
GM Suspends Two Engineers as Recall-Related Charges Mount
Ray DeGiorgio and Gary Altman were placed on paid leave.
British Gas Apologises For Computer Glitch and Accepts £5.6m Ofgem Fine
Ofgem fines British Gas for blocking firms from switching suppliers due to problems in computer systems.
China Plans World's Largest Duty-Free Shop in Hainan Province
Hainan authorities are proposing a 60,000-square-metre complex at Haitang Bay.
BlackBerry Considers Exiting Smartphone Business
CEO John Chen says company eyeing business expansion via acquisitions, partnerships and investments
Florida Ophthalmologist Salomon Melgen Top Paid US Physician in 2012 With $21m
US Centers for Medicare and Medicaid Services released Medicare claims list for first time.
UK House Prices Rise Further Amid 'Desperate Need' For More Homes
House sales rise to six-year high on better access to mortgages but first-timers warned it's getting harder to buy
Malaysia Airlines Flight MH370 Saga Not Likely to Hurt Malaysia-China Economic Ties
Malaysian tourism is suffering as Chinese tourists shun country, but wider economic activity will not be affected.
US Time Group Raising $1.4bn to Buy British Counterpart
US Time was forced to leave UK sister company as part of its spinning off from media giant Time Warner.
Tech Selloff Wipes $11.5bn Off Silicon Valley Billionaires' Wealth
Facebook billionaires lost $4.2bn in total since market closed on 2 April.
Iowa and North Carolina Join Other US States to Study Data Breach Involving Experian Unit
Illinois and Connecticut already announced investigations into the scheme that exposed the social security numbers of about 200 million people.
GM Fined Over Slow Response to Regulator's Queries on Ignition Switch Defect
GM was fined $7,000 per day until it complies with US NHTSA's request.
