Asian Markets Jump as China Rate Cut Boosts Optimism
But Capital Economics warns the impact of the PBoC move on Chinese GDP growth 'will be small'.
Aviva's Planned £5.6bn Takeover of Friends Life Makes Sense: Investors
Planned merger reflects a need to consolidate and cut costs in the UK's insurance industry.
China Prepared to Cut Rates Again as Deflation Fears Mount
Lawmakers worried that a sharp economic slowdown may hit employment and dent public support for reforms.
Crude Oil Ends Weeks-Long Decline on China Rate Cut
China's central bank has cut interest rates in a bid to boost growth in the world's second-biggest oil consumer.
Aviva Closes In On £5.6bn Deal to Acquire Friends Life
Brokerage Panmure Gordon downgrades Aviva following announcement.
Gold Set to Rise on Momentum Built Post PBoC Rate Cut
Traders to track GDP data coming in from the eurozone and from India, alongside 30 November's Swiss gold referendum.
China Central Bank Provides Cash Ahead of Next Week's 1tn Yuan IPO Bonanza
People's Bank of China will provide liquidity support through multiple monetary policy tools.
India to Spend Over $5bn to Combat Power Theft
Cutting electricity theft and reducing transmission losses are part of Prime Minister Narendra Modi's policy plank.
Takata Executive Hiroshi Shimizu Warns of Inability to Replace Fatal Airbags
About 16 million cars with potentially deadly Takata airbags have been recalled globally.
Valeant Looks at $2bn Securities Buyback After Losing Allergan Bid
Valeant's stocks surged 29.58% in Toronto trade and 21.53% in New York trade this year.
Singapore Moves to Regulate Uber and GrabTaxi
Owning a car in Singapore is expensive and people rely on public transport and taxis to get around.
Shanghai-Hong Kong Stock Link at Trickle Just Days After Debut
Both northbound and southbound flows are way below the daily permissible limit.
China's Xiaomi Injects $300m into Online Video Firm iQiyi
Xiaomi is reportedly in talks to raise $1.5bn in fresh capital.
OECD Raises India Growth Outlook and Calls For Broad Structural Reforms
India will fail to achieve the heady growth rates of the past decade without broad structural reforms.
Bernie Madoff Victims' Recovery Rises to Nearly $10.5bn
New York lawyer Irving Picard has struck deals with three separate Cayman Islands-based funds this week.
Goldman Sachs' Fund Drops 5.6% as Interest Rate Bet Goes Bad
The Global Opportunities Fund bets on rising and falling prices in the global fixed-income and forex markets.
India Set to Announce Gold Import Curbs
Move prompted by surging inbound gold shipments that threaten to inflate India's trade deficit.
Halliburton to Buy Rival Baker Hughes for About $35bn
Deal will save the firms a combined $2bn in costs annually.
China: Home Prices Fall For Second Month
Softening housing sector will restrain China's GDP growth rate.
Germany's Rocket Internet Hopes to Back 10 Start-Ups in 2015
Rocket's stock has surged some 30% this year, post its 2 October Frankfurt debut.
India Could Bank Roll Adani Group's Delayed Australian Coal Mine
Adani is also eyeing A$1.2bn to A$1.5bn in funding from South Korea, alongside a loan from the US Exim Bank.
Virgin Cruises to Sell Majority Stake to Private Equity Major Bain Capital
Virgin Cruises, backed by Richard Branson, will be based out of Miami.
Asian Markets Skid as Japan Enters Recession
The Japanese economy has contracted 1.6% year-on-year in the July-September second-quarter.
Oil Prices Plunge Amid Uncertainty Over Opec's Production Decision
Oil cartel Opec's member nations to meet on 27 November in Vienna.
Gold Prices to Drop on Dollar Strength and Likely Lower Asian Demand
US gold futures for December delivery finish $15.80 higher for the week.
Virgin America Surges on Nasdaq Debut
Richard Branson, through VX Holdings, owns a 24.8% stake in the low-cost carrier.
State Bank of India's Second-Quarter Profit Misses Estimates
SBI reports a 52% increase in provisions for bad loans for the July-September quarter.
Oil Tycoon Harold Hamm's Ex-Wife Sue Ann to Appeal $1bn Divorce Award
News weighs on NYSE-traded Continental's shares, which end 3.08% lower on 13 November.
Virgin America Raises Over $300m in US IPO
Branson, through VX Holdings, will have a 24.8% stake in airline after offering.
Crude Oil Prices Witness Mixed Trade in Asia Amid Opec Uncertainty
Brent prices have dropped for eight successive weeks on fears over a global supply glut.