OSI Group Recalls All Products Made by Scandal-Hit Shanghai Husi Food
Shanghai Husi Food is accused of selling rotten meat to food companies including McDonald's, KFC and Pizza Hut.
McDonald's Faces Probe in Hong Kong Over Use of Rotten Meat from China
McDonald's Hong Kong admitted it imported tainted meat from China.
One in Three People in Monaco Is a Millionaire
Monaco has highest density of millionaires in world at 29.21%.
Tenant Evictions On the Rise As Landlords Benefit From High Home Prices and Property Shortage
Charity Citizens Advice sees 38% increase in number of tenants who received eviction notices.
US Imposes Anti-Dumping Duties up to 165% on Solar Imports from China and Taiwan
Move expected to worsen existing political and trade spat between China and US.
Ecuador to Create Government-Run Digital Currency as It Bans Bitcoin
Country's digital currency to have backing of its central bank, Banco Central del Ecuador.
Argentina Refuses to Meet Face-to-Face With Vulture Funds as Fresh Default Looms
Issues separating parties remain unresolved at present, according to mediator Daniel Pollack.
China Food Scandal: Shanghai Husi Accused in 2013 of Forging Meat Production Dates
Former employee accused Shanghai Husi of forcing him to do unethical work in lawsuit filed in 2013.
China Plans to Construct Huge Methanol Plant in Shale Gas-Rich Texas to Meet Rising Domestic Demand
Chinese firms, Connell Group of China and Sino Life Insurance, preparing to build methanol production and export facility in Texas.
UK Car Production Gets a Boost From New Models and Domestic Market
Car production rises 3.5% to 791,314 units during first half of 2014.
Husi Food's US Parent Apologises For China Food Scandal As Regulator Expands Probe
US-based OSI Group's Husi Food is accused of selling expired meat products to international food chains including McDonald's and KFC.
TCS Becomes India's Most Valued Company at $84bn Market Cap
TCS surpasses Accenture, but follows market leader IBM valued at $193.7bn.
China Manufacturing Activity Rises to 18-Month High on Stimulus Measures
HSBC flash China manufacturing purchasing managers' index rose to 52 in July from 50.7 in June.
Korea Unveils $11.4bn Stimulus After Sewol Ferry Disaster Hits Economic Growth
The Sewol Ferry Disaster in April hurt consumer sentiment and domestic consumption, leading to a GDP growth decline.
PayPal Offers Interest-Free Working Capital to Small UK Businesses
PayPal earlier successfully tested service in US, lending $140m loans to SMEs since September 2013.
Alstom Orders More Than Double on South African Rail Contract While Sales Fall
Company booked €8.2bn orders for first quarter, compared to €4.01bn last year.
China Food Scandal: 100 Tonnes of Stale Meat Found at Shanghai Husi and Five Employees Detained
Authorities suspended operations of Shanghai Husi after allegations that it sold stale meat to food companies including McDonald's and KFC
US Judge Orders Argentina and Vulture Funds to Meet Continuously Until Settlement Reached
Argentina is facing technical default by end of July if it does not make settlement with holdout creditors.
Microsoft Expects to Achieve Break-Even at Nokia Unit in Two Years
Losses at Nokia division largely caused Microsoft's disappointing quarterly results.
Western Sanctions on Russia Could Hurt German Economy With Up to 25,000 Job Losses - Der Spiegel
German economic growth could decline by 0.5% due to sanctions.
Global Consumer Confidence Inches Up As US and Europe Come out of Recession: Nielsen Survey
Global consumer confidence increases one index point to 97 in second quarter of 2014.
Starbucks, Burger King and Papa John's Dragged into China Food Scandal
Scandal has already affected Yum Brands's KFC and McDonald's.
Saudi Arabia to Liberalise $531bn Stock Market For Foreign Investment
Kingdom's cabinet authorises overseas financial institutions to trade equities in Tadawul All Share Index.
Edward Snowden Asks Global Hackers to Develop Anti-Surveillance Technologies
Snowden says he intends to devote much of his time to promoting easy-to-use counter-surveillance technologies.
Tesco CEO Philip Clarke to Step Down, Unilever's Dave Lewis to Replace Him
Top-level management change comes amid challenging market conditions.
Huawei's First-Half Revenue up 19% While It Emerges as Major Smartphone Brand
Sales revenue rise 19% year on year to 135.8bn yuan.
KFC and McDonald's in Another China Scandal Over Alleged Use of Stale Meat
Companies apologised to Chinese customers after Shanghai food authority suspended their supplier.
Japan Hires London-Based Private Equity Expert For World's Largest Pension Fund
Hiromichi Mizuno hired as member of investment committee at Japan's $1tn Government Pension Investment Fund.
Malaysia Airlines Confirms Refunds to Passengers Panicked by Downing of MH17
Company will be waiving fees for passengers who wish to make changes to their itinerary.
Bitcoin Market Shows No Enthusiasm Despite Dell's Big Announcement
Dell earlier became largest ecommerce business to accept bitcoin for payments, surpassing Dish Network.