SAC Ex-Trader Mathew Martoma Gets Nine Years for Insider Trading
Martoma made use of tips he received about clinical trial for Alzheimer's drug to gain from pharma stocks.
GSK's China Consumer Healthcare Unit was Probed by US Authorities
GSK in 2012 conducted focused investigation into specific people and suppliers in China in connection with US probe.
BP Deepwater Verdict Undermines Confidence in 'Fair Resolution of Disputes' States UK Government
British government sent letter to US Supreme Court backing troubled oil giant BP.
Apple Hires Famous London-Based Designer Marc Newson Ahead of iWatch Launch
Newson was named by Time magazine in 2005 as one of world's 100 most influential people.
Brazil Pumped $400bn Worth of Dirty Money Out of Country in the Last 53 Years
Report: Average illegal outflows jumped to $33.7bn over 2010-2012 period.
GM Plans to Launch New Cadillac with Automated Steering, Acceleration and Braking
GM is planning to launch Cadillac models with hands-free automated driving system and vehicle-to-vehicle communication systems within two years.
Argentina Talks Currency Swap with China to Shore Up Dollar Reserves
Argentina's central bank chief, Juan Carlos Fabrega, met with his Chinese counterpart to discuss paying for imports in yuan.
Automotive Workshop Run by Inmates Opens at India's Tihar Jail
Small scale automotive workshop will initially employ 30 to 35 inmates.
Bitcoin: Chinese Yuan Overtakes US Dollar in Trading Volume
More than 70% of bitcoin transactions done over last 30 days came from trades denominated in yuan, according to statistics.
EU Leaders Agree on New Russian Sanctions Targeting Gazprom Bank and Gazprom Neft
Latest sanctions include credit restrictions and export bans on Russian companies, and travel bans and asset freezes on officials.
Wal-Mart to Take up Exiting Carrefour's Three Indian Stores
Wal-Mart will replace Carrefour's wholesale stores in Delhi, Jaipur and Agra with its own.
Amazon India Faces Regulatory Probe Over Alleged Violation of Retail FDI Rules
Regulators are looking into whether Amazon violated rules by selling directly to consumers.
Alibaba's Expected IPO Price Range Indicates Company Valuation up to $163bn
Alibaba expects to price its shares between $60 and $66 apiece.
Tor Browsers, VPNs and Proxies - Smart Workarounds to Beat Internet Censorship are all the Rage
Virtual Private Networks or the Tor Browser Bundle and are increasingly used to beat government censorship of the Internet.
China Getting Chillier Only for Law-Breaking Foreign Firms: Xinhua
Xinhua says foreign firms' concerns about China's ongoing antitrust probe are misplaced.
Credit Default Swaps: US Judge Invites Investors to Sue 12 Major Banks for CDS Rigging
US District Judge Denise Cote said investors may go ahead with claims that banks violated Sherman Act by setting unfair prices for CDS.
BP Faces Extra $18bn Fine for 'Gross Negligence' Over Gulf of Mexico Spill
US District Court Judge Carl Barbier ruled BP's 'gross negligence' and 'willful misconduct' primarily led to Deepwater disaster.
Bitcoin Pioneer Charlie Shrem Pleads Guilty to Silk Road Charges
Shrem and bitcoin trader Robert Faiella were charged with selling more than $1m worth of bitcoins to users of Silk Road.
JPMorgan Hackers 'Sent' Stolen Data to Russian City
JPMorgan's investigators find stolen data was sent to Russia using global network of computers for hire.
China's Anti-Monopoly Unit Looks to Strengthen Medical Devices and Semi-Conductor Sectors Against Foreign Competition
China is looking to consolidate healthcare and semi-conductor sectors to strengthen local players against foreign firms.
French Unemployment Rises to 10.2% in Further Woes for Francois Hollande
Hollande is yet to fulfil his pledge of bringing down unemployment in country.
Michael Bloomberg Returns to Head His News Firm
Current CEO Daniel Doctoroff is stepping down by end of 2014.
Credit Suisse Investigating Alleged Misconduct by Employees at London Desk
Wall Street Journal earlier reported that bank suspended a senior employee for improper sharing of client information via chat room.
Narendra Modi Concludes Japan Visit Bringing $35bn Investments to India
Modi wooed Japanese firms by promising them "red carpet" treatment rather than red tape.
Australia's Economic Growth Cools on Higher Imports Amid Weak Domestic Spending
Australia's economy expanded 0.5% in second quarter, compared to 1.1% in first quarter.
UK Shop Price Deflation Continues
Shop price deflation eased for the 16th consecutive Month, according to BRC/Nielsen.
Sinopec Ranked No. 1 Revenue Generator in China for 10th Straight Time
Sinopec claimed top spot on list of 500 firms with total revenues of 2.95tn yuan.
Burger King's Tax Form Grilled Over Tim Hortons Canadian Flip
Burger King shifting its finance hub to tax advantaged Canada is part of long term strategy.
Malaysian Airline Shares Gain on Khazanah's Restructuring Plan
MAS stock rises 4% as investors react positively to 12-point revamp plan.
US Business Lobby Criticises China's Antitrust Probes
American Chamber of Commerce in China says US firms unfairly targeted.
