Brazilian economy falls into recession with 1.9% contraction in second quarter

Earlier, the country revised down its first quarter GDP decline to 0.7% from 0.2%.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1KjgAoz August 29, 2015 at 03:31PM http://ift.tt/eA8V8J

UK software firm Innovation in talks with Carlyle over £500m takeover deal

Shares in Innovation closed up 9.93% at 38.75 pence following the news.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1hKpnDy August 29, 2015 at 12:25PM http://ift.tt/eA8V8J

HSBC processes '99%' of delayed salary payments

275,000 payments were held up by an IT glitch, leaving many without cash ahead of the bank holiday weekend.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1hmzPQU August 29, 2015 at 11:36AM http://ift.tt/eA8V8J

Rebekah Brooks returning to News Corp as head of UK operations

Brooks was earlier acquitted of all charges related to the phone-hacking sandal at the News of the World.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1NF2mPf August 29, 2015 at 10:42AM http://ift.tt/eA8V8J

UberChina to get $1bn finance to compete with Didi Kuaidi

Investors have agreed to funding that would value UberChina at about $7.5bn.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1UgPaPv August 28, 2015 at 12:38PM http://ift.tt/eA8V8J

UK millionaire population rises by 41% to 715,000 over 5 years

Nearly half of the new millionaires are living outside London and the South East.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1MSfejt August 28, 2015 at 12:05PM http://ift.tt/eA8V8J

Oil prices recover on strong US economic growth figures

US gross domestic product (GDP) increased at a 3.7% annualised rate, above economists' estimates, in Q2.

via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1LzryDn August 28, 2015 at 10:53AM http://ift.tt/eA8V8J