House prices ‘rose by 8.5%’ in 2014
UK house prices rose by an average of £16,000 – or 8.5% – in 2014, according to the mortgage lender Halifax.
VIDEO: ‘Credit card users being misinformed’
A number of credit card companies are misinforming customers about their legal right to a refund on faulty or damaged goods, a survey by www.money.co.uk suggests.
VW’s Audi to boost investments on models, plants
Audi plans to increase spending on new models and plants to around $29 billion through 2019, stepping up competitions with BMW.
Record $36.5B flows into US-based funds: Lipper
Investors poured a record $36.5 billion into U.S.-based stock funds last week as U.S. stocks surged to records, Lipper data show.
Prosecutors raid LG headquarters over washer row
Prosecutors raided LG Electronics’ headquarters amid a probe of whether LG damaged rival Samsung’s washing machines, LG said.
Thailand’s economic growth view goes under the knife
Thailand’s central bank said the country’s economy will barely grow this year and cut 2015 forecasts, mainly on lackluster exports.
Doubts deepen over Chinese-backed Nicaragua canal
Skepticism is growing over plans for a $50 billion canal across Nicaragua, a project spearheaded by a little-known Chinese businessman.
Visa, MasterCard pull bank-card support in Crimea
Visa and MasterCard, the world’s largest credit card companies, ended their support of Crimean banks following U.S.-imposed sanctions.
US city sues Petrobras for corruption
A US city government is suing the Brazilian state-run oil company Petrobras over investor losses due to a corruption scandal.
Russia: We’re headed for sharp recession in 2015
Slumping oil prices have put Russia’s economy on course for a sharp recession next year, its finance minister said on Friday.