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  • Sony to raise $1.5 billion to pay debt and invest

    Sony reported on Friday its plans to raise 150 billion yen ($1.5 billion) in order to pay off maturing debts and invest in technology and equipment. The electronics and enter...

    24/05/2013 11:08:23 AM

  • H7N9 can pass between mammals researchers say

    Researchers in China, Canada and the U.S. found that the H7N9 bird flu, which before this year had never been detected in humans, can pass from one animal to another. This finding ...

    24/05/2013 10:26:32 AM

  • IMF chief Lagarde in court to testify in a corruption probe

    International Monetary Fund chief Christine Lagarde is set to appear at a special court in Paris on Thursday to testify in a corruption probe about her role in a 400 million-euro scam while s...

    23/05/2013 11:54:18 AM

  • Samsung S4 sales pass 10 million mark in one month

    South Korean electronic, Samsung, giant said it has shipped more than 10 million units of the Galaxy S4 since the phone hit markets in late April. “Sales of the Galaxy S ...

    23/05/2013 11:29:48 AM

  • ESPN cuts jobs to become more competitive

    Sports media giant ESPN, which has more than 35 networks around the world, gave about 7,000 of its employees pink slips on Tuesday. The Rising sports rights fees may be one of the ...

    22/05/2013 12:42:37 PM

  • IMF urges UK to trim its austerity program

    The International Monetary Fund urged UK on Wednesday to ease back on its austerity program “to avoid inflicting long-term damage on the nation`s growth prospects”. The...

    22/05/2013 12:32:28 PM

  • Thailand’s growth deepen Asian slowdown worries

    Thailand`s economy grew slower-than-expected in the first three months of this year deepening the worries over the region’s growth. Thailand’s economy contracted by 2.2...

    21/05/2013 11:29:03 AM

  • Shareholders vs JPMorgan

    Tomorrow Jamie Dimon and the 10 other main directors of JPMorgan Chase will actually take the stage in Tampa, Fla. to face shareholders who can take comfort in a rising stock price and a prospe...

    20/05/2013 08:38:25 PM

  • Chinese hackers resume attacks on U.S. agencies and companies

    Chinese hackers resumed attacks on American companies and government agencies after only three months of silence when a cyberunit of China’s People’s Liberation Army was found to ...

    20/05/2013 11:39:17 AM

  • BlackBerry messenger soon available on Android and iOS

    BlackBerry revealed plans to offer its popular instant messaging system to competing smartphones, and will be free of charge to consumers. “It`s time to bring BBM to a greate...

    17/05/2013 11:40:55 AM

  • Texas tornadoes kill six people

    It was reported recently that at least six people were killed when a powerful tornado ripped through a neighborhood including a Habitat for Humanity low income housing area in the north Texas t...

    16/05/2013 06:30:15 PM

  • HSBC announces laying-off another 14,000 employees around the world

    Europe`s largest bank by market capitalization, HSBC, announced Wednesday it will be laying-off another 14,000 employees from around the world in an attempt to save an extra $2 billion to $...

    16/05/2013 01:24:02 PM

  • Goldman projects 13% decline in agricultural commodity returns

    Recently today as overall agricultural prices are pulled down by bumper harvests in both; the U.S and Latin America, Goldman Sachs projected accordingly a heavy and significant drop of almost ...

    15/05/2013 07:57:07 PM

  • Sonny surges 10% on possible spin-off of its entertainment business

    Sony surged 10.4% to its highest level in 22 months on news that hedge fund investor Daniel Loeb has called on the company to spin off its entertainment business. The American bill...

    15/05/2013 11:38:12 AM

  • All eyes on the billionaire; hedge fund investor Daniel Loeb

    The famous billionaire and hedge fund investor; Daniel Loeb, whom is 51 years old now is one of the best known figures in the secretive hedge fund industry with a record of clashing with corpor...

    14/05/2013 11:02:41 PM

  • Bangladesh honors victims of collapsed building

    Thousands of people gathered at the wreckage of the garment factory building that collapsed in Bangladesh last month killing 1,127 people. This was the worst tragedy in the history...

    14/05/2013 12:18:47 PM

  • Samsung announces breakthrough in 5G technology

    Samsung announced Monday it made a key breakthrough in the fifth-generation networks technology that would provide data transmission hundreds of times faster than the current 4G technology by...

    13/05/2013 12:08:46 PM

  • Debt ceiling close to be reached

    According to the U.S. Treasury Secretary; Jack Lew, he told to CNBC today in London that the U.S debt ceiling would not be reached until September, yet he believes strongly and warns the U.S go...

    10/05/2013 07:29:34 PM

  • Hackers steal $45 million from ATMs within hours

    In what is believed to be one of the biggest bank heists in history, hackers stole $45 million from ATMs in a matter of hours. The sophisticated network of hackers stole from thous...

    10/05/2013 01:55:54 PM

  • Microsoft appoints its own Amy Hood as new Chief Financial Officer

    Microsoft Corp. appointed Amy Hood as its first female chief financial officer, as the 10-year veteran becomes in charge of debt finances and a growing cash pile of a software maker damaged by ...

    09/05/2013 03:03:53 PM

  • Facebook in advanced talks to buy Israeli Waze for $1bn

    Reports show that Facebook is engaged in advanced talks to buy Israeli mobile satellite navigation start-up Waze for $800 million to $1 billion. The Israeli company generates...

    09/05/2013 11:57:39 AM

  • China may fail to become world`s biggest economy this century

    As China seems to be nearing exhaustion, the fast growing economy may fail after all to overtake the United States this century. The 30-year miracle seems to be near its end ...

    09/05/2013 11:33:06 AM

  • Best top five paid finance chiefs receive rewards

    Just recently five of the ten best-paid finance chiefs last year work in the technology industry, as executives at companies from Apple Inc. (AAPL) to Google Inc. (GOOG) were rewarded for incre...

    08/05/2013 06:08:20 PM

  • Alex Ferguson retires, Manchester United Manager leaves behind 27 year legacy

    Sir Alex Ferguson Manchester United Manager for 27 years confirmed today the news that he will be retiring with the end of the season, leaving behind a legacy at the helm of the football club. ...

    08/05/2013 09:33:04 AM

  • Microsoft to release a better sophisticated software…

    The huge high-tech software company; Microsoft, is close to release its Windows 8 this year yet intends to change key elements within the oprating system to accordingly create an updated versio...

    07/05/2013 07:57:52 PM

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