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European Central Bank

Private lending in the Euro Zone drops to 20-year low

The data released in a report by the European Central Bank on Friday saw the hesitation of financial institutions in extending credit to households and businesses despite the economic recovery of the Euro Zone.

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Bombay Stock Exchange

Fed's taper could start reforms in emerging markets - report

Countries in emerging markets like Turkey and India should see the bright side of the tapering of the $85 billion-a-month money-printing program by the US Federal Reserve this month, according to a Reuters report.

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Spain unemployment

Yields of Spanish bonds drops to 3.5-year low amid reduced unemployment rate

The yields of Spanish bonds have dropped to record lows not seen since 2011, indicating that the European economy is gaining its momentum, a Bloomberg report said.

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Chen Guangbiao

Oddball Chinese magnate looking to buy the New York Times

45 year-old recycling magnate Chen Guangbiao, whose charity works and publicity stunts are more known rather than his business sense, has claimed that he will be extending an offer to acquire the New York Times Co for $1 billion.

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2014 will be a year of results and not bubbles - report

In an attempt to argue against beliefs that this year will bear witness to a lot of bubbles, Jeff Bussgang said on his report that the technology sector will be contributing majority of groundbreaking records in terms of initial public offerings.

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US Dollar Notes

Top forex mutual funds split on US dollar performance in 2014

John Hancock Funds and Merk Investments LLC, the top US foreign-exchange mutual funds who earned profits last year, had opposing views about the US dollar's performance this year, a Bloomberg report said.

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New York

Sales in Manhattan apartments jump, hits year-end record

A report by brokerage Douglas Elliman Real Estate and appraiser Miller Samuel Inc released today indicated an influx of home property sales in the Manhattan, New York area in anticipation of increasing prices and interest rates.

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FireEye-Mandiant merger signals shift of US companies regarding NSA surveillance and hacking attacks

The consolidation of security software companies FireEye and Mandiant was said to have signaled the hesitation of US firms to entrust the federal government the responsibility to protect its computer systems and will turn to private security providers instead, said a New York Times report.

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Finland may double its debt levels if no spending reforms done - central bank

The central bank of Finland has expressed its worry about the possibility of the country's debt ballooning should no monetary reforms to curb spending take place, according to a Bloomberg report.

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Spredfast nabs $32.5M in Series D funding to capitalize social marketing growth

According to social marketing company Spredfast, who has accumulated over $60 million in funding to date, it has raised $32.5 million in Series D funding from several investors led by Lead Edge Capital.

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The Washington Post

Klein mulls departure from Washington Post - sources

Ezra Klein of The Washington Post's Wonkblog might be leaving the newspaper, said four sources, after his proposed news media venture was rejected by upper management, including owner Jeff Bezos.

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Groupon Inc

Groupon wraps up Ticket Monster acquisition from LivingSocial

In an announcement made today, Groupon said it has completed its $260 million acquisition of LivingSocial Korea, which is the holding company of Korean ticket and e-commerce company Ticket Monster.

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Bitcoin ATM

Bitcoin ATMs set to appear in Hong Kong and Taiwan

Bitcoin ATM startup Robocoin intended to prioritize the demand of Bitcoins in the Asian region with the planned debut of its ATMs in Hong Kong and Taiwan this January, said a TechCrunch report.

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Pinterest name belongs to a social news startup - EU Trademark Office

Pinterest, the popular US social networking startup, will be having difficulties expanding in international markets after a ruling the European Commission's Office for Harmonization in the Internal Market, Trade Marks and Designs Division said the true owner of the brand name in the region is a London startup.

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Alicia Keys and former Blackberry CEO Thorsten Heins

Alicia Keys out of Blackberry as creative director

Blackberry Ltd has said in a statement on January 2 that it will be parting ways with its global creative director, musician and celebrity Alicia Keys.

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