London Home Prices Surge as Sterling Weakness Drive Demand from Foreign Buyers - Rightmove
Property asking prices rise 1.7% nationally, indicating revival of the UK housing market.
China's Consumer Watchdog Goes After Volkswagen and Apple
China is getting tougher on manufacturers that deliver poor after sales service, and VW and Apple are in the spotlight.
Sony Finalises Sale of US Headquarters for $1.1 Billion
Sony looks to recover from four straight yearly losses with the sale of its New York City headquarters.
Eurozone and IMF Agree on €10 Billion Bailout for Cyprus
The deal requires Cyprus to trim deficit, shrink banking sector and increase taxes.
UK Home Rental Costs Down 0.1% in February
Increased availability of mortgages have triggered more home purchases recently.
EU Summit: Italy and France Seek Flexible Budget Rules
The European Union Summit have debated the issues of jobs, growth and spending cuts in the region.
Boeing Expects Dreamliners to Resume Commercial Operation within "Weeks"
Boeing incorporates additional safety features in the battery system to make it reliable.
US Government Bars Shell from Arctic Drilling
Shell not permitted to drill until its operations are overhauled to meet harsh Arctic conditions.
Trinity Mirror 2012 Profit Down 75% on Lower Revenues and Goodwill Impairment
Trinity Mirror posts decline in 2012 profits and revenue partly due to competition from rival Sun on Sunday.
Home Retail Raises Yearly Profit Outlook on Strong Sales at Argos
Home Retail's Argos division benefits from increased sales of consumer electronics, white goods and core electricals.
India's Wholesale Price Inflation Rises to 6.84% in February
India's wholesale price index beats analysts' expectations and rises to 6.84% in February. .
Japan's Revised Industrial Output up 0.3% in January
Japan's industrial output rises 0.3% in January as against initial reading of 1% gain, shows revised data.
New Zealand Keeps Benchmark Rate Unchanged at 2.5%
New Zealand's labour market remains weak despite expansion in demand and output, leading to uneven economic economy.
Inditex Yearly Profit Rise 22% on Global Expansion
Zara owner Inditex's net profit rises to €2.4bn in fiscal year 2012 as it added 482 more stores in 64 markets.
BHP Billiton Denies Allegations of Corrupt Practices During Beijing Olympics
BHP Billiton maintains that it has complied with all applicable laws during its Beijing Olympics sponsorship.
Cathay Pacific Profit Plummets 83% on High Fuel Prices and Weak Cargo Demand
Cathay Pacific operations suffer from eurozone crisis and increased competition in the sector.
UK to Back Retail Sector's Expansion into Overseas Markets for Exports Growth
Britain will promote its retailers' overseas expansion under a two-year action plan.
Australia's Consumer Confidence at Two-Year High in March on Sharp Rate Cuts
Australia's consumer confidence rises as sharp interest-rate cuts over more than a year boost economic activity.
Goldman Sachs to Advise Germany's RWE on DEA Sale
RWE is looking to offload its oil and gas exploration unit as it plans more investment in renewable energy.
China to Raise Nuclear Power Capacity by 20% in 2013
China targets higher nuclear power production with 30 units under development.
India's Industrial Output Expands 2.4% in January
India's central bank expected to cut benchmark rates further despite high inflation rate.
UK Fraud Office Probes HP's Autonomy Acquisition
HP accuses Autonomy of serious accounting improprieties and disclosure failures.
UK House Prices Broadly Stable Despite Sales at Two-and-a-Half Year High - Rics
The UK home sales are yet to reach levels seen before the financial crisis, says Rics
Alibaba Insider Jonathan Lu to Replace Founder Jack Ma as New CEO
Alibaba is planning to go public within the next 12 months.
City Jobs Up 11% in February on Improved Business Confidence
Newly available City jobs rises to 2,583 in February from 2,331 in January, giving a promising start to the year.
Japan Machinery Orders Decline 13% in January
Japan machinery orders drop sharply in January, signalling weak capital spending in the coming six to nine months.
CBI Suggests UK Economic Recovery through Housing Boost
CBI expects the Budget on 20 March to be fiscally neutral and the economy to grow at a rate of 0.3 percent in first-quarter of 2013.
Banking Commission Urges Higher Leverage Ratio for UK Banks
The banking commission demands the inclusion of legal powers for the breakup of banks that violate ring-fencing rules.
Fitch Cuts Italy's Credit Rating to BBB+ on Political Uncertainty
Fitch believes that structural reforms are not possible in the near future, given the present political uncertainty in Italy.
US Non-Farm Payrolls Rise by 236,000 in February, Unemployment Rate at 4-Year Low
US February unemployment rate falls to 7.7 percent, the lowest since December 2008.
