WTO 'Back in Game' with Landmark Reforms
Reforms are expected to add as much as $1tn and 21 million jobs to the world economy.
Weibo Bans WeChat QR Codes on Its Platform as Rivalry Between Chinese Internet Giants Escalates
Weibo says it would stop users from disseminating quick response (QR) codes and other marketing information.
Selfie App Shots: CEO Denies Rumours of Acquisition by Twitter
John Shahidi, CEO of Shots, says his company is not selling app.
Candy Crush Saga Maker's Chairman Melvyn Morris Resigns
Gerhard Florin, who is currently chair of the company's compensation committee, will replace Morris.
European Parliament Set to Vote on Proposal to Break Up Google
The European Parliament will vote on 27 November on a proposal to break up Google into separate search business and other services.
UK to Register Record £518m Online Sales on Black Friday, Surpassing Mega Monday: Visa Europe
Total Cyber Weekend sales will increase to £1.7bn with record 31 million online transactions, says Visa Europe.
Snapdeal Likely to Benefit as Alibaba's Jack Ma Announces More Investment in India
Jack Ma noted that Alibaba will work more with Indian suppliers so that they can sell their products in China through Alibaba's platform.
Twitter in Talks to Buy Selfie-App Shots, Backed by Justin Bieber
Twitter is interested in the app's user base of more than 3 million, nearly two-thirds of whom are women under 24.
US Grows Faster Than Initially Expected as Economy Kicks into Higher Gear
GDP increased at annual rate of 3.9% in third quarter, compared to initial estimate of 3.5%.
China Orders Microsoft to Pay $137m in Back Taxes for Tax Evasion
Microsoft will also have to pay more than 100m yuan in additional taxes per year in future.
Blackstone Rejects £2bn Offer for Resort Operator Center Parcs
Blackstone has rejected a joint bid from BC Partners and Canada Pension Plan (CPP).
Actavis Plans Layoffs Due to Overlaps in Corporate Functions after Allergan Deal
Actavis had earlier agreed to buy Allergan for $66bn.
Japan Likely to Issue More Debt on Top of Its $8.5tn Public Liabilities
Sales tax hike has hurt consumption and resulted in recession in the economy.
Western Sanctions and Oil Price Fall Costing Russian Economy up to $140bn Per Year
Russian Finance Minister Anton Siluanov says Western sanctions costing economy dearly.
Russian Billionaire Alisher Usmanov's Alibaba Investment Surges 500%
Usmanov declined to give the exact amount of gain in an interview with CNBC.
Regin Malware Super Bug Targeting Russia and Saudi Arabia Could be the Next Stuxnet
Regin is sophisticated malware which is likely the work of a nation state targeting Russia and Saudi Arabia
Intesa Sanpaolo Eyes Coutts for UK Expansion Plan
Financial Times reported that Intesa wants to persuade RBS to sell all of Coutts, including its venerated UK business.
Hackers Target Medical Records as Electronic Data Becomes Less Lucrative
Kelly Yee, Vice President at Penango, discusses why hackers prefer medical records to electronic data.
Brussels Proposes to Break Up Google on Antitrust Concerns
EU Parliament preparing non-binding resolution to split Google's search engine operations in Europe from rest of its business.
China Central Bank's Rate Cut Not to Significantly Impact Economy: Analysts
PBoC cut one-year lending rates by 40 basis points to 5.6% and reduced one-year deposit rates by 25 basis points to 2.75%.
Blackstone to Buy $1.6bn Worth of Japan Apartments in Country's Largest Deal for 2014
Blackstone reached an agreement to buy GE Japan Corp's residential property business.
Venezuela Expresses Readiness to Cut Production to Arrest Fall in Oil Prices
Foreign Minister Rafael Ramirez said his country would make a proposal to limit supply and strengthen prices at the next OPEC meeting.
Alibaba Completes $8bn Bond Offering Amid Robust Demand
Investors submitted orders of at least $57bn for company notes.
Japanese Exports Accelerate Fueling Recovery Hopes
Exports increased to 9.6% year-on-year in October, representing a steep rise and its highest in the past eight months, compared to 6.9% growth in September.
Firefox Keeps Google in Europe but Signs Landmark Five-Year Deal with Yahoo in US
Firefox inked new deal with Yahoo to serve as its default search provider in key market US.
Key HSBC China Manufacturing Index Slips to No-Growth Region
Economists say more monetary and fiscal easing measures should be deployed given weak data
Global Smartphone Data Traffic to Increase Eightfold to 17 Exabyte in 2020
Jump in data consumption will be primarily due to 130% increase in number of smartphone subscriptions.
Toyota to Start Sale of Hydrogen-Powered Cars from December
Company will start selling Mirai fuel cell cars in Japan on 15 December and in US and Europe in mid-2015.
Shell Wins Tax Dispute in India over Transfer-Pricing
Bombay High Court rules in favour of Shell's Indian unit, saying stock transfers by Indian company to its foreign parent were not taxable.
Japan Not Likely to Achieve 2015 Inflation Target Given Delay in Sales Tax Hike
Consumption tax hike, which was scheduled for October 2015, will now be implemented in April 2017.