India Lifts Gold Loan Values to Cash in on Jewellery
RBI raised LTV ratio for gold loan companies to 75% from 60%.
Novartis Faces Criminal Complaint in Japan Over Exaggerated Advertising of Hypertension Drug
Japan's health ministry sued Novartis for using manipulated data in marketing Diovan.
New Zealand's Fonterra to "Vigorously Defend" Danone's Court Proceedings
French food giant Danone initiated court proceedings against Fonterra over lost sales due to unnecessary recalls.
Facebook to Strengthen Mobile Presence with Indian Start-Up Buy
Facebook acquired India-based Little Eye Labs that provides mobile app optimisation tool.
Domino's Pizza Projects Above-Forecast Full Year UK Profits and Wider German Losses
Company generated total fourth-quarter sales of £170m from UK.
Ex-Goldman VP Fabrice Tourre's Plea for New Trial in SEC Case Rejected
US District Judge Katherine Forrest upheld earlier ruling against Fabrice Tourre.
Wall Street Banks Face New Probe Over Mortgage Bond Mispricing
Banks allegedly exploited pricing around residential mortgage-backed securities from around 2009 through 2011, says WSJ.
New York Real Estate Broker Accepts Bitcoin Payments
Bitcoin value has crossed $1,000 mark again as gaming company Zynga said it would test bitcoin payments.
EasyJet Records Robust Passenger Numbers for Christmas Season
EasyJet boarded 4.49 million passengers in December, up 3.5% from 4.34 million last year.
China Officially Permits Foreign Video Gaming Companies in Shanghai Free Trade Zone
China banned sales gaming consoles there in 2000.
China to Test Private-Sector Banking in 2014 by Allowing 3-5 Fully Private Banks
China Banking Regulatory Commission (CBRC) plans to attract more domestic and foreign capital.
China Praises its Shadow Banking System
Financial Times reports that draft regulation on shadow banking takes more permissive stance than expected.
Big UK Businesses Set for Further Expansion and Hiring with Revived Risk Appetite
Deloitte CFO survey said most CFOs feel now is good time to take risk onto their balance sheets.
World's Second Bitcoin ATM to be Installed in Hong Kong as Taiwan Blocks Launch
Robocoin, which builds bitcoin ATMs, had earlier said it would launch ATMs in Hong Kong and Taiwan.
Bitcoin Value Tops $1,000 Again on Zynga Adoption
Social gaming firm Zynga said it would start accepting bitcoin as payment option.
India's TCS to Build World's Largest Corporate Learning Centre
Proposed TCS Learning Campus would train 50,000 technology professionals per year.
NSA Gets Nod to Continue Phone Tapping from US Secret Court
US Foreign Intelligence Surveillance (FISA) court renewed the NSA phone collection programme on 3 January.
'US Defence Department Allowed China-Made Components in F-35 Fighter Jet Programme'
Reuters reports that Pentagon waived federal laws to avoid delays in F-35 programme.
Hong Kong and Taiwan Await Bitcoin ATMs
TechCrunch reported that Robocoin that builds bitcoin ATMs is planning further launches in Europe, Canada and US.
Vodafone Could Become No. 1 in India With Possible Tata Teleservices Acquisition
Vodafone is in early talks with Tata Group to acquire controlling stake in Tata Teleservices, according to Economic Times.
Top Billionaires Add More Than $500bn to Collective Wealth in 2013
Microsoft founder Bill Gates gained most in 2013 with his fortunes increasing by $15.8bn.
FireEye to Offer Enhanced Cyber Protection with $1bn Mandiant Acquisition
Mandiant became popular after it exposed Chinese hackers last year.
Ikea to Double German Market Share with New Stores and Online Sales
Ikea Germany head Peter Betzel said the company would increase its market share to 25% from current 13%.
John Lewis Plans Domestic and Foreign Expansion as 'Bricks and Clicks' Break Records During Christmas
John Lewis recorded 7.2% increase in total sales in five weeks to 28 December.
Italy's Fiat to Become Seventh Largest Automaker After $4.35bn Chrysler Deal
Fiat agreed to buy remaining stake in Chrysler from United Auto Workers (UAW) retiree health-care trust.
India Scraps £465m Contract For AgustaWestland Choppers
AgustaWestland and parent Finmeccanica face separate probes in India and Italy.
Snapchat Hacked with 4.6M Usernames and Phone Numbers Leaked Online
A hacker known as Lightcontact has claimed credit for breaching Snapchat's security and stealing user information.
India Approves Investment Proposals of Vodafone and Tesco
Indian panel approved Vodafone's deal to buy remaining stake in Indian subsidiary for $1.6bn
Metal Warehouses Reduce Fee Hikes as LME Pushes Reforms
Warehousing companies will increase rent charges by an average of 3% in April, compared to 7% last year.
China Local Government Debt Soars Raising Fears of Hard Landing
National Audit Office says China's debt rose 70% from three years ago to 17.9tn yuan.
