Citigroup Reaches $1.23bn Settlement with Investors Over Mortgage-Backed Securities
Settlement resolves investors' claims to buyback residential mortgage-backed securities.
Fracking Boom Would Insulate Europe Against Cold War
Europe's current large dependence on Russia for energy could be reduced with shale gas production.
Kingfisher Airlines Brands Up for Sale as Creditors Claw Back $1.3bn Loans
Kingfisher brand was valued at 30bn rupees by audit firm Grant Thornton India some years ago.
LafargeHolcim Cements $50bn Mega-Merger with Bruno Lafont at Helm
Lafarge and Holcim agreed on their merger and announced details about the combined company.
Libyan Rebels and Government Agree to Start Lifting Oil Terminal Blockades
Libya's oil exports have declined 80% after rebels seized four vital terminals.
Capital-Rich UK Companies to Hit Hiring and Spending High
In latest Deloitte CFO survey, 71% say it is good time to take risk on balance sheet.
Sun Pharma and Ranbaxy in $4bn Acquisition Deal Creating India's Largest Drugmaker
Sun Pharmaceutical will be world's fifth-largest generic drugs maker following acquisition of Ranbaxy.
India Election: Frontrunner BJP Likely to Scrap Retail FDI Reforms if it Gains Power
BJP, however, would open other sectors to FDI to compensate negative sentiment.
Bitcoin Has Grown More Quickly Than Bitcoin Foundation - Chairman Peter Vessenes
Peter Vessenes says collapse of MtGox poses challenge to digital currency.
London IPO Market Witnesses Strongest Activity in 20 Years on Economic Recovery
There were 24 IPOs on London market in first quarter, raising total funds of £3.9bn, according to E&Y report.
European Cement Giants Lafarge and Holcim in $50bn Merger Talks
Companies expected to face lengthy scrutiny by global regulators, according to analysts.
Ebay Adds Virtual Currency Section to Allow Bitcoin and Dogecoin Trading
You can now buy virtual currencies like bitcoin or dogecoin on Ebay but it's still not accepting them for payments.
UK New Car Sales at 10-Year High on Pent-Up Demand and Better Finance Deals
New car registrations increased 17.7% on year in March to 464,824, according to SMMT.
Fonterra Fined For Damaging New Zealand's Reputation Over Botulism Scare
Fonterra is not contesting fines.
China's Crackdown on Prostitution Hurt Dongguan City of Sin's Growth Prospects
Dongguan, China's manufacturing base in Pearl River Delta, is known as 'sin city' due to its once-thriving sex trade.
US States Launch Investigation Into Experian Unit Over Consumer Data Breach
Experian unit Court Ventures has been subject to data breach, exposing social security numbers of about 200 million US citizens.
Canada's Prepaid Bitcoin Offers $10 Bitcoin Card for Consumers
Ontario-based Prepaid Bitcoin is offering bitcoin cards to retailers and 'average' consumers in small denominations.
FAO Finds Global Food Prices Hiked on Poor Weather and Ukraine Tensions
Food and Agriculture Organisation's food price index rose 4.8 points to 212.8 in March, highest level since May 2013.
Yahoo Encrypts Data Traffic Between Servers to Prevent Surveillance
Revelations by Edward Snowden showed that NSA spied on data transmissions between computer centres operated by Google and Yahoo.
Channel 5 Valued at Less Than Half £700m Asking Price in Second Round Bids
Better access to company's accounts made potential buyers suspicious about value.
UK Excluded From Chinese Schengen Visa Reforms as EU Prepares for Tourism Boost
European Commission is seeking to speed up Schengen visa application process to 26 countries excluding UK.
Around 900 Lufthansa Flights Cancelled as 3-Day Pilot Strike Begins
Lufthansa expects loss of profits in the range of tens of millions of euros from three-day strike.
GM Chief Mary Barra Apologises for Ignition Switch Defect Leading to 13 Deaths
In Congressional hearing Barra said company's slow response to deaths 'unacceptable'.
Sheryl Sandberg Sold Over Half Her Facebook Holdings Since 2012 IPO
Sandberg's holding declined to 17.2 million shares from 41.2 million shares when Facebook filed for IPO.
Suspected Silk Road Operator Ross Ulbricht's Lawyer Brings Bitcoin's Legal Status into Question
Defence lawyer Joshua Dratel says no grounds for charges against Ulbricht
China Manufacturing Sector Remains Weak Despite Improvement in Official PMI
Official PMI rose to 50.3 in March from eight-month low of 50.2 in February.
Hull City Council Creating Bitcoin-Like Digital Currency HullCoin to Tackle Poverty
Voluntary work will be paid in HullCoin that can be used for goods and services.
Bank of England and People's Bank of China Agree on London Yuan Clearing Hub
Deal comes after similar agreement between Germany and China.
London Whale Headache Not Over for JPMorgan as Judge Allows Lawsuit
US judge ruled that shareholders could pursue claims against JPMorgan and top officials.
China's Huawei Posts Fastest Profit Growth in Four Years
China's 4G rollout boosted demand for Huawei's products.
