US oil imports from Opec drop to a 28-year low
A shale oil boom in the US has reduced the world's leading oil consumer's dependency on Opec crude.
Diageo to buy Vijay Mallya's 50% stake in African beer maker UNB
Diageo to acquire the remaining 50% stake in UNB from Indian liquor baron Vijay Mallya-controlled Pestello Investments.
Goldman Sachs: US and other non-Opec nations must cut crude oil output
Goldman says Brent crude will hover at $70 a barrel by end-2015 but prices could drop to $40 during the summer months.
Bitcoin fund BIT may trade publicly over the counter next week
Separately, American investors Tyler and Cameron Winklevoss are working to launch a bitcoin ETF on the Nasdaq.
Hong Kong double murder: Trial of British banker Rurik Jutting adjourned
Hong Kong prosecutors seek more time for their case against 30-year-old Jutting, a former BofA employee.
Greece submits updated reform list to the EU to avoid default
Athens has tabled a plan to tackle tax evasion and corruption, and pledges to pay the IMF on time.
India's central bank to leave repo rate on hold next week
Economists expect the Reserve Bank of India (RBI) to cut rates later this year, in June and in the fourth-quarter.
China: Stock market rally being driven by high-school dropouts
China is sitting on a huge volume of savings and people are buying stocks as alternative investment options are limited.
Japanese households are hoarding $300bn under mattresses
Mizuho Securities economist Yasunori Ueno estimates households are probably hoarding some 36tn yen ($300bn) of cash.
US Fed could launch QE4 if consumption stays weak
Consumer spending accounts for an average of about two-thirds of US GDP and consumer spending barely rose in February.
India: Wheat imports hit five-year high as rains damage crops
Indian mills have purchased between 70,000 and 80,000 tonnes of Australian prime wheat at $260-$265 a tonne.
Philips sells lighting unit to Go Scale Capital for $2.8bn
The deal is a prelude to the planned stock market floatation of the Dutch group's main lighting division.
Macquarie to cut half its Asia investment-banking workforce
The Australian group's move comes in the wake of a drop in revenue from the advisory and capital markets unit, amid a slump in deals.
VW-backed Global Mobility in talks to sell Dutch fleet manager LeasePlan
LeasePlan also runs a bank and any deal must be approved by the Dutch central bank and financial markets regulator.
BMG's deal with Alibaba will try to stem music piracy in China
BMG said the deal will give over 2.5 million copyrights to Alibaba.
George Soros is ready to invest $1bn in Ukraine if West helps
Earlier, Soros listed steps towards a $50bn financing package for Ukarine as a safeguard against an aggressive Russia.
Travel retailer Dufry to raise $4bn to finance WDF bid
Deal will cement Dufry's position as the world's leading travel retailer, creating a combined group with projected annual sales of $9bn.
Australia's planned tax revamp could cut corporate tax and hike GST
Australia's company tax rate is higher than many of its competitors but its GST is the lowest in the developed world.
Dow Chemical to spin off most chlorine assets in $5bn deal
Dow Chemical CEO Andrew Liveris says there could be more deals over the next 12 months.
Crude oil prices gain on lower US drilling activity and escalating Yemen crisis
Hedge fund manager Pierre Andurand warns crude prices could drop to $30 amid concerns of Middle East supply disruptions.
Gold prices may drop next week in a 'hesitant' marketplace
Tensions in the Middle East and negotiations in Greece could help boost the metal's safe-haven status.
Mark Carney: Next BoE interest rate move will be up
Markets expect rate increase to take effect in 2016 amid lack of consensus among MPC members.
Chevron to exit Australia's Caltex with $3.6bn stake sale
Goldman Sachs has offered Chevron's 135 million Caltex shares to local and international investors on 27 March.
Dutch Cabinet defers ABN Amro listing over executive pay row
Dutch finance minister delays decision on sale of ABN Amro after politicians question pay increases at the bank.
India: Prime Minister Modi applies brakes on universal healthcare rollout
Modi asks officials to rework the universal health plan after cost estimates came in at $18.5bn for five years.
Ford aims to triple exports from India with $1bn factory in Gujarat
The new unit, located in western India, will help the automaker triple exports from that country in five years.
Etihad may sell Aer Lingus stake if IAG deal gets Dublin nod
Etihad CEO James Hogan says his firm's investment in Aer Lingus will earn a great return if IAG's bid is approved.
India raises record $17.6bn from telecom spectrum auction
Victorious bidders have to pay a quarter to a third of the winning price initially, and the remainder by 2027.
Citi sells Nicaraguan businesses to Grupo Financiero Ficohsa
Citi's operations in Nicaragua include $255m in assets, a loan portfolio of $171m and over 600 employees.
BBVA denies offering loan to India's troubled Sahara group
Sahara told India's apex court this week that it had secured a €900m line of credit from BBVA.
