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(MENAFN - AFP) Japanese police on Saturday arrested Mark Karpeles, head of the collapsed MtGox Bitcoin exchange, over the disappearance of about $390 million worth of the virtual currency, local media said.

France-born Karpeles, 30, is suspected of having accessed the exchange's computer system and falsifying data on its outstanding balance, Kyodo News and public broadcaster ...

(MENAFN - AFP) Farm and food tech startups were red-hot in the first half of 2015, pulling in $2.06 billion from investors, a new survey showed Friday.

The figure for the first six months was up 132 percent from the same period in 2014 and nearly matched the full-year 2014 total of $2.36 billion, according to research from the funding platform AgFunder, which helps connect ...

(MENAFN - AFP) Global ridesharing startup Uber has closed a deal raising nearly $1 billion in fresh capital, pushing its valuation to more than $50 billion, the Wall Street Journal reported Friday.

The report, citing people familiar with the deal, said investors in the latest round include Microsoft Corp. and the investment arm of Indian media conglomerate Bennett Coleman ...

(MENAFN - AFP) The International Monetary Fund approved Friday the next installment of its massive loan to Ukraine despite uncertainty about the sustainability of the country's debt and its conflict with separatist forces.

The IMF executive board, which represents 188 member nations, gave a green light to the immediate disbursement of $1.7 billion, part of a support program ...

(MENAFN - AFP) Energy company Wintershall, a subsidiary of German chemicals group BASF, said Friday it planned to help Russia's Gazprom enlarge the Nord Stream gas pipeline between Russia and Germany.

"BASF subsidiary Wintershall intends to participate in expanding the capacities of the Nord Stream pipeline, which delivers Russian natural gas to European customers via the ...

(MENAFN - AFP) Senior EU-IMF auditors held their first meetings with Greek ministers to finalise a new three-year bailout as the Athens stock market prepares to reopen after being shut down for over a month by the debt crisis.

Greece's main stock exchange in Athens will resume operations, which were halted on June 26 as the crisis-hit government imposed capital controls, ...

(MENAFN - AFP) Russia has reached a compensation deal with France for the non-delivery of two Mistral warships, a Kremlin aide has said, but Paris on Friday denied that a final agreement has been hammered out.

The fate of the two Mistral helicopter carriers has plagued Franco-Russian ties for more than a year, following Paris' decision in November to put the 1.2-billion-euro ...

(MENAFN - AFP) The International Monetary Fund announced Friday the approval of a $1.7 billion loan installment to Ukraine despite uncertainty about the country's debt sustainability and a conflict with separatist forces.

The IMF executive board backed the release of the loan, part of a four-year $17.5 billion support program awarded in March as Ukraine's economy neared collapse ...

(MENAFN - AFP) The EU on Friday opened an anti-trust probe into FedEx's 4.4 billion euro ($4.8 billion) deal to buy Dutch rival TNT Express, a key tie-up for the e-commerce delivery business.

EU Competition Commissioner Margrethe Vestager said Brussels will examine whether the deal would lead to higher prices for consumers who are increasingly buying online and getting packages ...

(MENAFN - AFP) Super tall, super skinny and super expensive: a new generation of New York skyscrapers, some taller than the Empire State building, are altering the world's most famous skyline.

And it's not just the masonry that's soaring to new heights. The prices have also gone stratospheric: three apartments sold recently for more than $100 million a piece.

Half a ...

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