Sony's 'The Interview' makes $1m on Christmas Day
Film on fictional CIA plot to assassinate North Korean leader Kim Jong-Un doing well at box office.
CEBR Top 10 Economies in 2014: UK overtakes France as number 5
Britain overtook France in 2014 after taking into account £10bn additional earnings from drugs and sex.
UK house prices up more than £15,000 in 2014
House prices at London rose by more than 15% or £81,619 over the past year.
Qualcomm could get fines exceeding $1bn as China looks to settle antitrust probe
China's National Development and Reform Commission says case will be settled soon according to law.
Hong Kong property tycoon Thomas Kwok jailed for five years, former top civil servant gets 7.5 years
They were earlier found guilty in Hong Kong's biggest graft trial in history.
Alstom agrees record $772m settlement with US authorities over Foreign Corrupt Practices Act violations
Fine is largest ever imposed on a company for violations of Foreign Corrupt Practices Act, surpassing $450m paid by Siemens.
Madoff ponzi scheme: Payout to victims to total more than $7bn
Trustee responsible for liquidating Bernard Madoff's firm is seeking permission to start the fifth interim distribution of payments.
India set to overtake US as second-largest smartphone market in 2016
China will top 500 million smartphone users for the first time by end-2014.
South Korea cuts economic growth forecast on weak consumer and business sentiment
The Ministry of Strategy and Finance said that the country's economy would grow by 3.4% in 2014, lower than 3.7% expected earlier.
Opec's 50-year dominance over global oil market is over, says former cartel head
Opec has controlled the global oil market and has set oil prices for almost half a century until now.
Bitcoin pioneer Charlie Shrem gets 2-year prison sentence in Silk Road case
Shrem pleaded guilty to aiding Silk Road by selling $1m worth of bitcoin.
Sony 'actively surveying alternatives' to release The Interview on another platform
Sony defends its decision to cancel theatrical release after Barack Obama's criticism.
China's Dalian Wanda close to ink about €1bn deal to buy media rights distributor Infront Media
Dalian Wanda is front-runner in auction to buy Infront Media.
Staples data breach might have exposed 1.16 million payment cards
US chain store says malware might have let hackers access cardholder names and payment card numbers..
Lesbian employees earn 8% more than straights in UK, while gay men get 5% less
Report commissioned by World Bank found that sexual orientation seemingly affects job access, satisfaction, earning prospects and interaction.
Australian MP Clive Palmer's media adviser arrested for alleged kidnap of bank executive
Clive Palmer's media adviser Andrew Crook arrested and released on bail.
Former Hong Kong civil servant Rafael Hui and property tycoon Thomas Kwok found guilty in graft case
Hui found guilty of three counts of misconduct in public office and two counts of conspiracy, while Kwok found guilty of one count of conspiracy.
American Apparel gets takeover offer from Irving Place Capital
Irving Place is valuing American Apparel between $1.30 and $1.40 per share.
Furniture retailer IKEA opens first store in South Korea
The 131,550 square-metre outlet in Gwangmyeong is the Swedish company's largest at present.
Swiss central bank introduces negative deposit rates to curb appreciation in franc
The Swiss National Bank introduced negative deposit rates of 0.25% on commercial bank deposits.
Antibiotic resistance to cost up to $100tn for world economy by 2050
Problem could lead to 300 million premature deaths and reduction of 2% to 3.5% in global GDP by 2050, according to government review.
Chevron halts big Arctic offshore drilling project 'indefinitely' due to oil price slide
Drilling project in EL 481 block is so far largest to put on hold after oil prices dropped by more than 40% since June.
Nokia is still second-largest mobile phone company in terms of unit sales
Nokia has been acquired by Microsoft and the brand is being phased out.
GE's oil and gas unit to suffer from oil price slide
Oil firms are set to reduce capital expenditure due to slide in oil prices.
Wang Jianlin overtakes Mukesh Ambani as third richest Asian
Wang Jianlin's fortune surged 63% to $24.8bn, while Ambani's net worth declined by 2.4% to $20.4bn.
Pimco's emerging markets fund sheds 7.9% value as Russian crisis spreads across globe
Russian corporate and sovereign bonds make up 21% of Pimco's $3.3bn Emerging Markets Bond Fund
France is not enthusiastic about Christmas: YouGov poll
A YouGov poll finds 57% of people in France are not looking forward to Christmas.
RBS to sell Irish real estate loans for £1.1bn to boost capital position following stress tests
Bank will sell Irish real estate loans to entity controlled by US private equity group Cerberus.
Singapore's Olam International to buy Archer Daniels Midland's global cocoa business for $1.3bn
Deal will establish Olam Cocoa as one of the world's top three cocoa processors focused on supply of cocoa liquor, powder, and butter.
Kering explored options to sell sportswear maker Puma
Kering currently owns about 86% stake in Puma.
