Samsung and BlackBerry deny reports of $7.5bn takeover deal
Reuters earlier reported that Samsung has offered $7.5bn to buy BlackBerry, leading to 30% surge in Canadian company's shares.
Russia and China setting up Universal Credit Rating Group to rival West's 'Big Three' credit raters
Universal Credit Rating Group would issue first ratings in 2015, according to Russian analyst.
China's Shanghai FTZ allows foreigners to fully own e-commerce firms
Entry of foreign players in Shanghai FTZ is expected to trigger gradual opening to overseas capital in the e-commerce sector across China.
Japan announces record $812bn budget with more defence and welfare spending
Japan decided to cut bond issuance to six-year low of 36.86tn yen, representing 38.3% of budget.
Elon Musk seeks to make Tesla profitable in 2020 with lower-cost Model 3 electric vehicle
Model 3 will be priced at $35,000, excluding state or federal tax incentives – half the price of a Model S.
World Bank: India's economic growth rate to match with China's at 7% in 2016
India will edge past China at growth rate of 7% in 2017, according to World Bank's Global Economic Prospects report.
'Oil prices will never hit $100-a-barrel again,' says Saudi Prince Alwaleed bin Talal
Prince Alwaleed bin Talal defends Saudi decision not to cut production to boost prices.
Edward Snowden rejected offer to join Russian intelligence agency, says WikiLeaks staff
Russia's FSB approached Snowden with a job offer while he was stuck at Moscow's Sheremetyevo airport, says Sarah Harrison of WikiLeaks.
China misses trade growth target for third straight year on weak external and domestic demand
China's exports increased 6.1% in 2014, while imports gained only 0.4%.
South Korea: Two killed and four injured after nitrogen leak at LG Display factory
Victims were carrying out regular repair and maintenance work at time of leakage.
Rangers Football Club rejects Robert Sarver's £20m sweetened takeover offer
Rangers reject bid saying not enough shareholders are likely to approve it.
Shire to buy rare-disease specialist NPS Pharmaceuticals for $5.2bn
NPS is known for its two new drugs – Gattex, treatment for short-bowel syndrome, and Natpara for hypoparathyroidism.
Jaguar to add 1,300 jobs in UK to build new F-PACE SUV
New jobs will be created at firm's Solihull plant in West Midlands, where it has already invested £1.5bn to boost production.
Ex-wife of Harold Hamm may pursue appeal against $1bn divorce settlement
Sue Ann Arnall earlier deposited a handwritten $975m divorce cheque from the oil baron.
Overstock.com installs bitcoin ATM at headquarters as Patrick Byrne prepares to pay employees in cryptocurrency
US retail giant moves to give another big push to digital currency.
Indian start-up Paytm in talks for $500m funding round led by Alibaba and Temasek Holdings
Latest investment is expected to value Paytm at $1.5-1.9bn.
Coca-Cola axing up to 1,800 jobs worldwide in $3bn cost-cutting move
Job cuts will affect company's Atlanta headquarters and its international operations.
Facebook buys QuickFire Networks to bring high-quality video to low-bandwidth users
Facebook's integration of QuickFire's technology would help social network to reduce buffering of videos without degradation in quality.
Oil baron Harold Hamm's ex-wife deposits $975m cheque, possibly ending epic divorce battle
There were reports that Sue Ann Arnall rejected cheque and has been pursuing her appeal.
North Korea warns of 'war disaster' if US does not lift 'unreasonable sanctions'
Sanctions imposed on North Korea so far are based on inveterate hostility and repugnancy towards republic, says North Korea.
Japan's Wakodo recalls 120,000 bags of baby food after new food scare
Customer in Tochigi prefecture found a cricket in baby-food package in December leading to food scare in Japan.
Samsung likely to post first annual profit fall in three years as smartphone division struggles
Samsung estimates fourth-quarter operating profit at 5.2tn won, down 37.4% from last year.
Standard Chartered announces 4,000 job cuts in retail banking
The bank is also winding up bulk of its global equities business.
Bitcoin exchange Bitstamp to be live in 24 hours
Bitstamp co-founder Damijan Merlak said exchange will soon resume operations with new infrastructure.
'The Interview' becomes Sony's No 1 online film, having raked in $31m
The Seth Rogen-James Franco comedy has been rented or purchased online and through cable, satellite and telecom providers more than 4.3 million times.
Germany working on contingency plans for possible 'Grexit', says tabloid
German tabloid Bild has said that the country is running scenarios for the upcoming Greek elections in case leftwing Syriza emerge victorious.
Barclays 'bad bank' head Eric Bommensath to retire at January-end
John Mahon and Harry Harrison, will take over as co-heads of business after Bommensath's retirement.
Japan plans to develop 2020 Olympics Village into 'hydrogen town'
Japan plans to use hydrogen to power 2020 Olympics Village proposed in Harumi district of Chuo Ward, Tokyo.
BMW overtakes Mercedes-Benz as top-selling US luxury car brand
BMW's car sales increased 9.8% over 2013 to 339,738 units, compared to US auto market's average 5.9% increase.
Britain's FCA to fine London unit of failed Banco Espírito Santo for violating listing rules
The fine could amount to several hundred thousand pounds, according to Wall Street Journal's sources.
