Former U.S. House Majority Leader Eric Cantor will join investment bank Moelis & Co (MC.N) as vice chairman and managing director, the company said, adding that Cantor will also be elected to its board...
Forming a partnership with a corporate giant can make a huge difference for a fairy small company. The classic example is Microsoft’s partnership with IBM in the 1980s. Once IBM started using Microsoft’s operating system in its early PCs, Microsoft was well on the way to global domination...
Who is more at risk today? You keeping your intimate pics in iCloud, or Apple Inc. having failed to prevent leaking? Apple is predicted to painfully fall on nude photo hacking scandal...
Starting in 2016, the European Union plans to introduce Solvency II. The rules specify how much capital firms must hold to meet future obligations and to safeguard customers’ money. Analysts are afraid the new rule might hurt insurers in Europe as long-term investors, since they manage about 8...
The global Sukuk industry possesses a huge growth potential in the Gulf Cooperation Council (GCC) region and is expected to be one of the fastest growing segments of the Islamic finance industry...
Samsung Group will merge its shipbuilding and engineering units as South Korea’s largest conglomerate prepares for possible succession...
Europe's largest economy is running out of steam just as the impact of the crisis in Ukraine starts to hurt. Weak investment spending and slow trade led Germany to contract for the first time in over a year in the second quarter, as data showed...
You can inject one under your skin and no one will ever notice. Using short-range radio frequency identification (RFID) signals, it can transmit your identity as you pass through a security checkpoint or walk into a football stadium. It can help you buy groceries at Wal-Mart...
A high New Zealand dollar pushed down the price of imports, offsetting a decline in exports which led to New Zealand's terms of trade holding at a 40-year high in the second quarter...
Chinese e-commerce company Alibaba Group Holding Ltd is planning to launch its New York stock market debut in the week of Sept. 8, a person briefed on the matter told Reuters on Saturday...
As the major stock indexes appear at or near all-time highs, lots of people are seriously considering investing in the market –- some for the first time, and some who pulled out and have been waiting on the sidelines since the financial crisis of 2008...
Apple has confirmed that it is holding a press event on Sept. 9, most likely to unveil new products. The company is widely expected to debut a new version of the iPhone, and the company will reportedly offer at least one model with a larger 5.5-inch screen...
A frenemy, as all of you know, is a sheep in a wolf's clothing - an enemy pretending to be a friend, or a friend who is also a rival. While it's unlikely that most of your friends are intentionally being your frenemies, they may be unintentionally ruin your purse's content...
hello all, i have a strange story but i will make it short and please i need advice, i got confrim in a company and when i did made deposit i had diffclty been arpoved and had my acount blocked ever since and from that time i was asking for help before i lose my money , and non answered me and fr...
Deutsche Bank AG (DBK), Europe’s biggest investment bank, was fined 4.7 million pounds ($7.8 million) by the British markets regulator for inability to properly report millions of transactions...
Apple Inc. (AAPL)’s suppliers are preparing to manufacture the company’s largest-ever iPad, with production scheduled to commence by the first quarter of next year, according to people with knowledge of the matter. The new iPad will have a screen measuring 12...
The Guardian: It’s all eyes on Germany and the eurozone this morning, with fresh data giving an insight into conditions in Europe’s largest economy. It will also indicate whether the European Central Bank will unleash new stimulus measures next week...
Surprisingly, but the majority of ordinary Muslims are not aware of what Islamic financial services are about...
Christine Lagarde, the head of the International Monetary Fund, said on Wednesday that French prosecutors had placed her under formal investigation over an obscure business affair that dates back to her work as finance minister under former President Nicolas Sarkozy. Ms...
On Wednesday Asian shares took a cue fom Wall Street and rose with the Nikkei 225 up 0.4% on a slightly stronger dollar and gains in technology shares...
