McDonald's Hit by Rotten Meat Scandal in China and Japan
Shanghai Husi Food allegedly sold chicken and beef past their expiry dates to food chains including McDonald's and KFC.
Winter Temperatures Behind Battery Glitch that Downed Boeing 787 Dreamliner Fleet
Entire fleet of 787 Dreamliner was grounded in 2013 following battery issues.
Bitcoin Domain BTC.com Sold for $1m
Domain name acquired by Josh Garza of Connecticut-based mining equipment firm GAWMiners.
China: Symantec and Kaspersky Lab Software Barred From Central Goverment Offices
Beijing continues to reduce its dependence on foreign tech firms after Edward Snowden revelations.
Panasonic Farms Vegetables Indoors in Land-Scarce Singapore
A 248-square-meter indoor farm has production capacity of 3.6 tonnes per year.
Banco Espírito Santo Receives €4.9bn Bailout from Portugal
Banco Espírito Santo will be split into a 'good bank' and a 'bad bank', according to Bank of Portugal's rescue plan.
Bitcoin: 'Digital Currency Regulation Would Curtail Innovation And Harm Businesses and Consumers'
Jesse Powell, CEO bitcoin exchange Kraken, tells IB Times UK that digital currencies should be more relaxed and pro consumer choice.
Sanctions Against Russia will Hurt European Economies: IMF
Rising sanctions and resulting slowdown in Russia will affect Europe in multiple ways, according to IMF.
Bitcoin-Friendly Overstock to Introduce Digital Currency Bonus Scheme for Employees
Employees opting for bitcoin bonus will get premium over cash payments.
P&G to Divest or Shed up to 100 Brands in Major Streamlining Move
Company plans to focus on its core 70 to 80 brands that generate most of its sales.
Bitcoin Rush Compared to California Gold Rush in 19th Century
High prices of bitcoin prompt rush in mining for digital currency.
Argentina Vs Vulture Funds Case Timeline
Argentina fell into its second default in 13 years after its attempt to make a settlement with holdout funds failed.
Glencore Completes Sale of Peru Copper Mine to Chinese Joint Venture
Commodity giant completes sale of Las Bambas copper mine to MMG.
India's Tata Group to Invest $35bn Over 3 Years to Boost Global Status
Company will invest in new areas such as defence and aerospace, retail, infrastructure and finance.
Sony Delists Shares From London After 44 Years
Sony joins Toshiba, Fujitsu and NTT Docomo, which withdrew from London due to lack of investor appetite.
Target Hires PepsiCo Executive Brian Cornell as New CEO
US retail giant appointing outsider to top post for first time.
Wikipedia Now Accepts Donations in Bitcoin
Wikimedia Foundation partners with Coinbase to accept bitcoin payments on its website.
S&P Declares Argentina in Default as Final Talks Fail
Argentina's deadline to make payments to restructured bondholders expired on 30 July.
Bitcoin Price Drops for 12th Consecutive Day
The last time that bitcoin rates rose from previous close was on 18 July, when it closed at $628.22.
Young Entrepreneurs from Bansal Community Dominate India's Fast-Growing E-Commerce Sector
Young people from Bansal community dominate about 88% of India's indigenous e-tail market.
Congo and Grenada to Be Next Victims as Argentina Braces for Default
Lawsuit between Argentina and holdout creditors would have global impact, according to experts.
Japan Industrial Production Falls at Fastest Pace Since 2011 Earthquake
Industrial production declined 3.3% on month in June due to sales tax hike.
London's Gherkin to Fetch £650m
Savills and Deloitte Real Estate put building on sale, the Guardian reports.
UBS Pays €300m to Settle German Tax Probe
Second-quarter profit rises 15% on year to 792m francs.
Tesco to Stop Selling Products Sourced from Conflict-Hit West Bank
UK retail giant says move not related to ongoing Israel-Gaza conflict.
Microsoft Being Probed in China Allegedly for Anti-trust
China regulators make surprise visits to Microsoft offices in Beijing, Shanghai, Guangzhou and Chengdu.
Argentina to Meet Mediator in Attempt to Avoid Fresh Debt Default
Argentina's representatives to hold talks in New York as deadline for settlement looms.
Hague Arbitration Court Awards $50bn to Former Yukos Shareholders in Major Blow to Russia
Compensation largest arbitration award surpassing $2.473bn won by Dow Chemical in 2012.
National Australia Bank Sells £625m of Distressed UK Commercial Property Loans
NAB agreed to sell £625m parcel of distressed loans from its UK commercial real estate portfolio to affiliate of Cerberus Global Investors.
China Warns US Solar Anti-Dumping Duties Will Damage Trade Relations
US has imposed anti-dumping duties ranging from 26% to 165.04% on imports of solar products from China and Taiwan.
