Bank of America, Barclays, BNP Paribas, Citi, Goldman Sachs, HSBC, JPMorgan, RBS and UBS agreed to pay more than $2bn in this settlement a law firm involved in the process said...
Facebook announced breaking news app by launching auto-play video ads format to third-party applications in its mobile ad network. This application will help to Facebook to attract more users to their network: users will only be able to send out links from websites they control...
Tencent Holdings and Russian billionaire Yuri Milner to invest to Indian health information provider
Tencent Holdings Limited, one of the largest Internet companies, made USD90 million investment to Practo...
German banking regulators worried about attempts of foreign-exchange manipulation at large domestic banks and expects investigation by next year. Raimund Roeseler, the head of bank regulation at BaFin: "We haven't concluded our investigation so I can't predict...
Despite the mobile side of the business showing signs of growth , the e-commerce giant still missed on second quarter revenue expectations...
While majority of bitcoin companies are leaving NY for now - the popular Bitcoin exchange BitStamp is applying for BitLicense to work in the New York City as they informed on twitter...
Most of Asian indices ended Tuesday in the red zone. It comes amid unexpected news that The People Bank of China allowed yuan to depreciate by 2%. This move of China's central bank was announced as the next step to the new market...
Google has filed paperwork with the Security and Exchange Commission (SEC) in its plan to rebrand the public holding company as Alphabet Inc. The decision was made as Google looks to create a new operating structure, but that doesn't mean Google's businesses will suddenly disappear...
Bank of America Merrill Lynch is continuing with their fundamental forecasts concerning US Dollars related to the other currency, and continuing with criticizing the Federal Open Market Committee concerning their actions for example: "We argue that only a small part of the strong dollar rally sin...
This week’s most awaited reports include U.S. JOLTS, Germany’s GDP for Q2, U.S. PPI, U.S. retail sales, Canada’s manufacturing sales, U.S. consumer sentiment, Germany’s ZEW economic sentiment, China’s industrial production, OPEC and IEA reports, and GB claimant...
Bankers Aren’t Above the Law: Five Things We Learned This Week Fines are no longer enough – just ask Tom Hayes...
Warren Buffett's Berkshire Hathaway Inc. is in converses with purchase Precision Castparts Corp., which makes hardware for the aviation and vitality commercial enterprises, as per a man acquainted with the matter...
This puts Evans in charge of leading and executing Alibaba Group's international growth strategy to globalize the company and grow the business. Besides, Evans will continue his service as a management member of the Alibaba Group Board having previously served as an independent director...
BUMN housing, Perumnas will build a new town worth Rp30 trillion in Medan, North Sumatra. This long-term project will be developed in the next 10 years. Marketing Director Perumnas Muhammad Nawir said the new town was now in the stage of submission of licensing...
Neusoft Group has signed an agreement with Alpine Electronics and Shenyang Fu Rui Chi to build a joint venture: Neusoft Ruichi Automotive Technology (Shanghai) Co., Ltd. to start internet business in new energy automobile electronics. Neusoft Ruichi will have capital of CNY384...
Bank of England watchers are bracing themselves for an unusually large barrage of information Thursday that should offer fresh clues as to when officials are likely to raise interest rates...
Alibaba cloud computing group and Chinese Academy of Sciences signed a memorandum to co-found the Alibaba Quantum Computing Laboratory to take the study and applications of quantum theory to the next level...
Apple's shares closed at $114.64 yesterday, basically where they started the year despite rising to $134 in April. Undoubtedly, the company is going through tough times...
Bank of Tokyo-Mitsubishi (BTMU) made their fundamental forecasts for EURUSD based on some fundamental factors: "The euro weakened in July with the focus in the foreign exchange market shifting away from the uncertainty related to ‘Grexit’ and back to the monetary policy divergence between the eur...