Articles By Jerin Mathew

From Economy Dec 16

More Swiss Banks Fall in With DoJ Scheme to Expose US Tax Evaders

More Swiss banks are agreeing to cooperative with US authorities in the face of prosecution for hiding taxable assets from the IRS.

From Economy Dec 16

BP Inks Deal with Oman to Develop $16bn Khazzan Gas Project

Project is expected to produce 1 billion cubic feet of gas and 25,000 barrels of gas condensate per day at peak levels.

From Economy Dec 16

GlaxoSmithKline to Increase Stake in Indian Unit With $1bn Open Offer

Move indicates that GSK is more reliant on high-growth emerging markets than traditional western markets.

From Economy Dec 16

UK House Prices Could Soar Up To 8% Without Fresh Supply

Rightmove says housing sector recovery in country gaining momentum.

From Economy Dec 14

IBM Sued Over China Sales Decline Due to NSA 'Connection'

Whistleblower Edward Snowden revealed IBM 'cooperating' with NSA in surveillance programmes.

From Economy Dec 14

Bank of England Says UK Housing Market Like a 'Microwave'

BoE chief economist Spencer Dale says property market could turn from 'lukewarm to scalding hot'.

From Companies Dec 14

Biggest Class Action Suit against Visa and MasterCard Settled

New York judge approves $5.7bn settlement over credit card fees.

From Economy Dec 13

Russia's Central Bank Revokes Three More Banking Licences in Regulatory Crackdown

Almost 30 Russian banks have lost their licences in 2013 under central bank chief Elvira Nabiullina's regime.

From Economy Dec 13

Elite US Universities Record Budget Deficits Amid Federal Cuts

Bloomberg reports that half of Ivy League institutions recorded budget deficits in fiscal 2013.

From Economy Dec 13

Bitcoin Wallet Start-Up Gets Record $25m Funding

San Francisco-based Coinbase received $25m funding from investors led by led Andreessen Horowitz.