More From Jerin Mathew
Bitcoin Foundation may be split in two organisations: Report
Bitcoin Foundation member Olivier Janssens had earlier said that it is "effectively bankrupt".
Apr 07, 2015
FedEx to expand European operations with €4.4bn TNT Express acquisition
Companies have reached conditional agreement on all-cash offer for shares of TNT Express at €8 per share.
Apr 07, 2015
Cadbury gets new £61m tax bill in India over 'phantom' factory
Indian tax officials claim that the company provided inaccurate information when claiming excise tax exemption linked to Himachal Pradesh factory.
Apr 07, 2015
Edward Snowden and John Oliver explain US surveillance with penis photos
In his latest Last Week Tonight show, John Oliver prompts Snowden to explain US surveillance.
Apr 06, 2015
Bank and Clients lures BoE chief financial accountant Nicole Coll to take up key role
B and C has hired a senior BoE executive to take up the new post of chief of finance and operations.
Apr 06, 2015
Argentina central bank to inspect local Citibank HQ and ensure it complies with local laws
Central bank chief Alejandro Vanoli reportedly said that regulators will perform "comprehensive inspection" at the local subsidiary of Citibank.
Apr 06, 2015
Google to dominate search ad market in 2015 with 55% global revenue share
Google would see 15.7% search ad revenue growth in 2015, increasing to $44.46bn worldwide, according to eMarketer.
Apr 01, 2015
Scotch whisky export value falls by 7% to £3.95bn
Scotch Whisky Association attribute fall to weaker economic conditions and political volatility in some markets.
Apr 01, 2015
Warren Buffett: Grexit 'may not be bad for euro'
Member countries could ink better agreements about fiscal policy if Greece decides to leave single currency, according to Berkshire Hathaway CEO.
Apr 01, 2015
Web hosting firm GoDaddy valued at $4.5bn in IPO
Company priced shares at $20 apiece above the previously indicated $17 to $19 per share range.
Apr 01, 2015
US oil production growth at 100-year high in 2014 due to shale boom
During 2014, US oil production increased by 1.2 million barrels per day to 8.7 million barrels per day.
Mar 31, 2015
Apple hoards 89% of cash overseas fearing high US tax rates
Apple has $158bn of cash kept overseas – the largest among all S&P 500 companies, according to JPMorgan report.
Mar 31, 2015
Jailed bitcoin entrepreneur Charlie Shrem ponders using currency in prison
Shrem names prison version of bitcoin Mackerelcoin, or MAK, which could be used by inmates for various transactions.
Mar 31, 2015
India starts purchases from Iraq for strategic oil reserve
Indian Oil Corp buys two million barrel cargo of Iraqi crude from Chinese trader Unipec.
Mar 31, 2015
Taiwan to apply for AIIB membership as it seeks to join various international bodies
Fate of application uncertain as Taiwan does not have diplomatic relations with China.
Mar 31, 2015
New BoE stress test to include global economic crash scenario
Upcoming test of Britain's seven largest banks and building societies will gauge whether they can withstand a global crisis.
Mar 30, 2015
Bitcoin: Blockchain could become 'safe haven' for hosting child sexual abuse images
Interpol cyber threat research finds fixed open space on blockchain where data can be stored and referenced within encrypted transactions.
Mar 30, 2015
NSA considered winding up of phone tapping project before Edward Snowden leaks
Some NSA officials believed that secret programme's costs were too high, taking into account its limited counterterrorism benefits.
Mar 30, 2015
Denmark becomes latest European nation to apply for AIIB membership
Denmark is viewing the establishment of the AIIB as "a significant and exciting development in the world order".
Mar 30, 2015
Europe's big banks cut 21,500 jobs in 2014 as banking sector woes continue
Six of the biggest banks in the US cut a total of 37,500 jobs in 2014, compared to 45,700 in 2013.
Mar 30, 2015
British Airways suffers cyber-attack affecting thousands of frequent flyer accounts
British Airways has frozen tens of thousands of frequent flyer accounts that were infiltrated by hackers.
Mar 30, 2015
China accepts Britain and Switzerland as AIIB founding members as Russia decides to join bank
Britain was first major Western country to apply to be AIIB founding member.
Mar 28, 2015
Singapore PM Lee Hsien Loong remains highest paid country leader with $1.7m annual salary
Lee's current pay is equivalent to combined annual pay of leaders of France, Germany, Italy, Japan and UK.
Mar 28, 2015
Intel in talks to buy FPGA specialist Altera in its largest deal ever
Intel is in advanced talks to acquire chip partner Altera Corp in deal with possible valuation of more than $10bn.
Mar 28, 2015
Ellen Pao loses gender bias case, but supporters applaud brave attempt
Supporters of Pao sent Twitter messages with hashtag, #ThankYouEllenPao, immediately after final verdict that favoured Kleiner Perkins Caufield & Byers.
Mar 28, 2015
Microsoft and Yahoo likely to end US search alliance as Google remains market leader
Yahoo and Microsoft have extended deadline to re-negotiate the deal by 30 days.
Mar 28, 2015
South Korea and Turkey latest to apply for AIIB membership
As of 27 March, there are 37 countries and regions that have applied to become founding members of AIIB.
Mar 27, 2015
RBS confirms sale of Coutts International to Swiss bank UBP
Price paid will be determined in part by assets under management on closing, RBS says.
Mar 27, 2015
US dollar influence on gold prices likely to diminish amid huge demand from emerging markets
World Gold Council says US centric explanations about gold prices are risky for investors.
Mar 27, 2015
American Apparel's ousted CEO Dov Charney seeks $40m in damages
Charney was fired in 2014 for allegedly misusing corporate funds and helping to spread nude photos of former employee.
Mar 27, 2015
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