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India orders probe into Rolls-Royce deal

India's defence ministry has ordered a bribery investigation over state-run Hindustan Aeronautics Limited's (HAL) purchase of jet engines from Britain's Rolls-Royce Holdings in a deal worth at least $1.2bn.

Read more: India orders probe into Rolls-Royce deal

   

Cyprus throws out vital privatisation bill

The Cypriot parliament has thrown out a vital privatisation bill the country needs to secure the next batch of international bailout money to avoid bankruptcy.

Read more: Cyprus throws out vital privatisation bill

   

Australia's Qantas to axe 5,000 jobs

Struggling Australian carrier Qantas said it will axe 5,000 jobs, defer aircraft deliveries and suspend growth at Asian offshoot Jetstar in a major shake-up after deep first-half losses, warning of more pain to come.

Read more: Australia's Qantas to axe 5,000 jobs

   

IMF responds to Ukraine bid for financial aid

The International Monetary Fund is to send a fact-finding team to Ukraine in response to a request for financial support, said the IMF's managing director, Christine Lagarde.

Read more: IMF responds to Ukraine bid for financial aid

   

Tokyo-based Mt.Gox takes bite out of Bitcoin

Tokyo-based Bitcoin exchange Mt.Gox's website has gone down following a dip in the unit's value to a quarter of that on other platforms.

Read more: Tokyo-based Mt.Gox takes bite out of Bitcoin

   

Cyprus workers protest against privatisation

Workers at Cyprus's state electricity utility have clashed with police in a rare explosion of anger over government privatisation plans under a $13.7bn international bailout.

Read more: Cyprus workers protest against privatisation

   

Libya oil output dives after key field shut

Libya's oil production has fallen to 230,000 barrels a day from 570,000 bpd due to the closure of the el-Sharara field following protests, state-owned National Oil Corp (NOC) said.

Read more: Libya oil output dives after key field shut

   

G20 vows to boost world economy by $2tn

Finance chiefs from the 20 largest economies have agreed to implement policies to boost the world economy by more than $2tn over the coming five years.

Read more: G20 vows to boost world economy by $2tn

   

Facebook to buy messaging network WhatsApp

Facebook, the world's biggest social-networking company, says it is buying the mobile messaging service WhatsApp in a deal worth $16bn.

Read more: Facebook to buy messaging network WhatsApp

   

UK bankers charged in rate-fixing scandal

Britain's fraud agency has charged three former Barclays bank employees for their alleged manipulation of the Libor interest rates.

Read more: UK bankers charged in rate-fixing scandal

   

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