Starbucks to Fully Own High-Margin Japan Unit for $914m
Starbucks will buy 60.5% stake of Starbucks Japan from its partner Sazaby League and public shareholders.
Philips to Split into Two Firms Focusing on Lighting and Healthcare
Lighting division will have separate legal structure.
Pepper Australia in Advanced Talks to Acquire Standard Chartered's Hong Kong Consumer Finance Unit
Sale of PrimeCredit unit could fetch between $500m and $700m to Standard Chartered.
Ukraine Crisis Could Push Europe into Recession says Ex-Pimco Boss El-Erian
El-Erian warns of increasing sanctions and counter sanctions between Russia and the West
Citigroup Seeks to Halt US Order on Argentina Debt Fearing Penalties and Sanctions
Citigroup says it had "a gun to its head" which would "probably go off" if US court did not allow payment of blocked funds.
BHP Billiton Mitsubishi Alliance Cuts 700 Jobs in Australia Amid Coal Mining Downturn
Joint venture cuts 700 coal mining jobs in central Queensland citing challenging market conditions.
Climate Change Decimates Spending in Sub-Saharan Africa
Costs for climate change take large share of public spending in countries such as Ethiopia, Tanzania and Uganda.
Tesco Shares Plunge 11% after £250m Overstatement in Profit Forecast
Tesco is working to find out extent of issues and what impact they will have on full year results.
Bank of America Shares Forecast to Surge 50% by 2017 as Era of Litigation Costs Ends
Bank's earnings per share would increase to $2 by 2017, compared to estimated $0.75 in 2014, according to Barron's.
Siemens to Acquire Dresser-Rand for $7.6bn to Benefit from US Shale Gas Boom
Dresser-Rand makes compressors and turbines serving oil and gas industry.
Texas Man Fined for Running Bitcoin Ponzi Scheme
Bitcoin Savings and Trust and its owner Trendon Shavers fined $40.7m.
GlaxoSmithKline China Ex-Boss Mark Reilly to Be Deported to UK after Guilty Plea
Mark Reilly, given three-year suspended prison sentence by Chinese court, not to face jail time.
GSK Statement of Apology to the People of China - Full Text
GSK posts apology on its China website after its China subsidiary found guilty of bribery.
GlaxoSmithKline Fined £297m in China for Bribery
GSK's China subsidiary was found guilty of bribing non-government personnel for commercial gains.
Scottish Independence: Scotland is Eighth Nation to Vote Against Independence Since World War II
While some 22 countries voted Yes, seven voted No in various independence referendums since Second World War.
SAP to Buy Expense Tracking Software Firm Concur Technologies for $7.3bn
Deal valued at $129 per share, representing 20% premium to closing price on 17 September.
Microsoft Cuts 2,100 Jobs: Tech Giant to Shut Down Silicon Valley Research Lab in Second Round
Microsoft has already laid off around 13,000 of its staff, primarily from Nokia phone division.
China's Home Price Decline Extends to More Cities
Hangzhou sees fastest pace of drop followed by Beijing and Shanghai.
China to Invest $20bn in Indian Infrastructure Projects
Asian economic powerhouses sign five-year trade agreement during President Xi Jinping's India visit.
Asian Billionaires Witness Fastest Growth in Combined Wealth
Combined wealth of Asian billionaires grew 18.7% to $1.41tn from last year.
De Beers Claims Diamonds are Forever Despite Production Decline
Diamonds are expected to become more expensive with global production set to decline starting from 2020.
Sky Deutschland Tells Shareholders to Reject BSkyB Offer
BSkyB's deal with Sky Deutschland was cleared by EU last week.
China Pumps 500bn Yuan into Banking Sector to Boost Growth
Top five lenders will get 100bn yuan (£10bn) each in China's latest stimulus.
US Fed Warns Credit Suisse Over Risky Buyout Loans
Bank recently received letter from Federal Reserve, known as 'Matters Requiring Immediate Attention'.
OECD Unveils Measures to Tackle Tax Avoidance by Multinational Companies
OECD recommends implementation of Base Erosion and Profit Shifting Project (BEPS).
NASA Calls on Boeing and Elon Musk's SpaceX to Develop Space Taxis
Companies win lucrative contracts to provide NASA with space transport system
PayPal Unit Selects Coinbase to Provide Bitcoin Payment Option to Merchants
PayPal unit Braintree will start accepting bitcoin payments in coming months.
Bitcoin Founder Satoshi Nakamoto's Email Account Taken Over by Hacker
Satoshi Nakamoto's email account compromised, and hacker claims he has full information about him.
Home Depot Suffers Security Breach Similar to Target
Data breach is expected to rival Target Corp's massive data theft in 2013.
Morgan Stanley Pays $95m to Settle Mortgage Backed Securities Lawsuit
Plaintiffs accused bank of making false and misleading claims about securities.