Articles by Jerin Mathew

Follow : @jerinmatthewmm Email : j.mathew@ibtimes.com

FX rigging: HSBC to announce increased provisions in interim results

HSBC expected to announce overall charge of over $1bn to cover conduct issues such as FX probes.

Aug 3, 2015

HSBC

Trans-Pacific Partnership talks in Hawaii conclude without agreement

Concerns around automotives, data protection of biologics, dairy and sugar remain as roadblocks.

Aug 1, 2015

Goldman Sachs agrees $270m settlement with mortgage bond investors

Bank will pay around $270m to settle a lawsuit brought by pension funds, who invested in residential MBS underwritten by it.

Aug 1, 2015

Goldman Sachs

Yahoo to buy social shopping site Polyvore

Polyvore is expected to accelerate Yahoo's Mavens growth strategy through its offerings in social, native and mobile.

Aug 1, 2015

Yahoo

Bitcoin exchange MtGox's boss Mark Karpeles arrested in Japan

Karpeles is suspected to have accessed MtGox's computer system and changed data to inflate the exchange's assets.

Aug 1, 2015

Bitcoin

LinkedIn shares fall despite impressive quarterly results

LinkedIn reported second quarter revenues of $712m, an increase of 33% compared to same quarter in 2014.

Jul 31, 2015

Uber to invest $1bn to expand Indian operations

Uber looks to India and China for growth amid competition from Ola and Didi Kuaidi.

Jul 31, 2015

Uber

Hackers demand huge ransom from banks to avoid DDoS attacks

Hackers warn 100 companies of cyber-attacks, FBI official cited as saying.

Jul 31, 2015

FBI

The $203,150 Hermès Diamond Birkin Purse

Peta buys tiny stake in Hermès to force ban on exotic animal skin accessories

Hermès uses exotic animal skins in its iconic products such as the luxurious Birkin bags.

Jul 31, 2015

World Gold Council: Indian jewellery still suffers from 10-15% under-caratage

Council wants India to have rigorous hallmarking system to boost consumer trust in India-made jewellery.

Jul 30, 2015

Wembley Arena owner Quintain acquired for £700m by Lone Star

The US private equity fund will pay 131p per share, representing a 22% premium over Quintain's market price.

Jul 30, 2015

$Sainsbury\'s trolleys$

Sainsbury's sells 281-store pharmacy business to Celesio for £125m

Celesio is owner of LloydsPharmacy, Britain's second biggest retail pharmacy operator with more than 1,500 stores.

Jul 30, 2015

UK business leaders want government to act swiftly on Heathrow expansion

Business leaders urge government to approve Airports Commission's recommendation to expand Heathrow.

Jul 30, 2015

Facebook claims half of world's online population

Nearly 1.5 billion of the estimated 3 billion users of the internet access Facebook at least once a month.

Jul 30, 2015

GM investing $1bn in India to make country new export hub

Company also looks to double its market share in India by 2020.

Jul 29, 2015

India

India's SpiceJet in talks with Boeing and Airbus for $11b aircraft order

India's budget carrier earlier reported second straight quarter of profitability, rebounding from 2014 losses.

Jul 29, 2015

Honeywell to buy Elster from Melrose for £3.3bn

Germany-based Elster is present in more than 130 countries with its devices measuring flow of natural gas, electricity and water.

Jul 29, 2015

RBS to cut Citizens stake to below 25% after $2.2bn share sale

RBS to sell 75 million shares in US bank through a public offer.

Jul 29, 2015

UN moves closer to creating global bankruptcy system for indebted countries

UN Ad Hoc Committee on Sovereign Debt Restructuring adopts nine principles in this regard.

Jul 29, 2015

United Nations

BP cuts capex outlook and warns of longer period of sluggish oil prices

Sluggish China growth and US shale boom to add to supply glut, says oil giant.

Jul 29, 2015

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