Jerin Mathew

Senior Business Reporter

2101-2130 (out of 3158)

Jerin Mathew is a senior business correspondent at The International Business Times. He previously worked with SNL Financial and RTT News in similar roles. He holds a master's degree in business administration (specialised in Finance). He is a graduate in philosophy from Mahatma Gandhi University, India. He is based in Bangalore and can be reached at j.mathew@ibtimes.com. He can be followed on Twitter at @jerinmatthewmm.

UK Personal Debt Almost Equivalent to 2012 GDP Amid Cost of Living Crisis [VIDEO]

Total personal debt rises to £1.4tn, with average household debt standing at £54,000.

Germany's Merck Spends €80m on China Manufacturing Facility

Merck looks to capitalise on China, which is set to become second-biggest drugs market behind US by 2016.

Lockheed Martin Axes 4,000 Jobs on Lower US Defence Spending

US Defence Department faces budget cuts of about $52bn in current fiscal year.

EnQuest to Invest £4bn in North Sea Project Creating 20,000 Jobs

Company to invest in Kraken field that contains 137m barrels of oil.

Edward Snowden Leaked up to 200,000 NSA Top Secret Documents

NSA director general Keith Alexander said Snowden's actions 'seriously increase the chances of a terrorist attack'.

Government Intervention in Indian Market Pulls Global Gold Demand Down 21%

India hiked import duty on gold and tightened rules for gold loan companies in order reduce its gold imports and current account deficit.

Couple Completes 101-Day World Tour Entirely on Bitcoin

Virtual currency's value soared to $400 per coin on 13 November from $13 in January.

Cisco's China Equipment Sales Dented by NSA Spying Scandal

Much internet data transmitted through Cisco networking products.

Pink Star Diamond Mined in Africa Fetches Record $83m at Sotheby's Auction

Mined by De Beers, Pink Star breaks record set by Graff Pink.

PetroChina Buys $2.6bn of Oil and Gas Assets in Peru

China is promoting overseas oil and gas asset acquisitions to meet its rising energy demand.

London Stock Exchange Profit Declines on LCH.Clearnet Integration Costs

LSE completed acquisition of majority stake in LCH.Clearnet in May 2013.

US Airways-American Airlines Mammoth Merger Cleared by Government

Combination would create world's biggest airline as measured by passenger traffic.

Starbucks Ordered to Pay $2.76bn to Kraft Foods for Improper Contract Termination

Kraft Foods had exclusive rights for the sale of Starbucks coffee in retail and grocery outlets under the contract.

NSA Scandal: Edward Snowden Finds Job in Russia

Whistleblower did not financially benefit from information leaking, lawyer claims.

Bank of America Settle $1.4bn Mortgage Dispute with Freddie Mac

Freddie Mac wants bank to take back $1.4bn faulty securities sold to it.

Help to Buy Scheme Slows Down Rental Demand Growth

Rics house price balance rose to 11-month high at 57% in October.

US and EU to Resume Free-Trade Talks Despite NSA Spying Scandal

Parties will hold second round of negotiations in Brussels on TTIP.

Help to Buy 2 Gets Strong Start with £365m in Applications

RBS and Halifax receive2,384 applications under government mortgage scheme.

China Exports Surge Above Expectations Easing Pressure on Leaders

Exports rose 5.6% in October, above economists' expectations of 3.2% growth.

Twitter IPO: Most Successful US Internet Offering by Returns

E-commerce company Amazon has provided most returns to investors since its IPO with a $1,000 investment currently valued at $239,045.

Deutsche Telekom Swings to Profit on T-Mobile US Growth

Deutsche Telekom made net profit of €588m in third quarter, compared to net loss of €7.02bn last year.

Rightmove Traffic up 30% Indicating Strong Home Buyer Interest

Rightmove said it is confident of meeting its expectations for current year.

UK Intelligence Chiefs to Give First-Ever Public Testimony Over Snowden Leaks

Parliament will gather evidence from chiefs of electronic eavesdropping agency GCHQ, domestic security service MI5, and foreign Secret Intelligence Service MI6.