Twitter Funds MIT social media project with $10 million investment Marie Singer Oct 3, 2014 0 Twitter is investing $10 million in MIT Media Lab to create the Laboratory for Social Machines (LSM) which aims to…
ECB holds rates – to start asset buying Marie Singer Oct 2, 2014 0 The European Central Bank (ECB) decided to hold its benchmark interest rate at 0.05%, but announced it is to embark…
Bank of England will be able to cap mortgages Marie Singer Oct 2, 2014 0 The Bank of England will soon have the power to cap mortgages, i.e. to place limits on how much loan applicants can…
Pimco sees $23.5 billion fly away after bond king Gross’ exit Marie Singer Oct 2, 2014 0 Since Bill Gross, known as the ‘Bond King’, resigned from Pimco, a total of $23.5 billion in funds has left the…
Dollar will continue rising for at least two years Marie Singer Oct 1, 2014 0 Most analysts in Europe predict that the US dollar will continue rising for at least the next two years. Its…
Honda posts 45 percent higher sales in India in September Marie Singer Oct 1, 2014 0 Honda sales in India rose by 45% in September to 15,015 vehicles, compared to 10,354 units in September 2013.…
Wonga profits fall by 53 percent due to ‘remediation costs’ Marie Singer Sep 30, 2014 0 Wonga, the payday lender, on Tuesday posted a 53% decline in profits to £39.7 million for 2013. The London-based…
Vista Equity Partners to acquire Tibco Software for $4.3 billion Marie Singer Sep 30, 2014 0 Vista Equity Partners has reached a $4.3 billion deal to acquire Tibco Software, a Palo Alto-based business that…
Lloyds bank dismisses eight employees over Libor and claws back bonuses Marie Singer Sep 29, 2014 0 Lloyds Banking Group plc says it has dismissed eight employees following a probe into Libor manipulation, and has…
Daiichi Sankyo agrees to acquire Ambit for $410 million Marie Singer Sep 29, 2014 0 Daiichi Sankyo Co. has reached a takeover deal with Ambit Biosciences Corp. worth $410 million, a move that will…
Solar panel awards worth $94m across New York State Marie Singer Sep 28, 2014 0 Solar panel awards worth $94 million were announced by Andrew M. Cuomo, the Governor of New York State. The NY-Sun…
Data breaches reach record levels in 2014 Marie Singer Sep 28, 2014 0 In 2014 so far, there have been 568 data breaches involving more than 75 million records, of which 56 million…
RadioShack saved by Standard General Marie Singer Sep 27, 2014 0 Standard General, RadioShack's largest shareholder, is in talks with the troubled American electronics retail store…
US stocks recovered on Friday after Thursday’s slump Marie Singer Sep 27, 2014 0 After a 2-month record plunge on Thursday in Wall Street, US stocks recovered on Friday. News that the US economy…
US consumer confidence improved in September Marie Singer Sep 26, 2014 0 A better economic outlook combined with greater expectations of higher incomes have boosted consumer confidence in…
House prices in England and Wales close to 2007 peak Marie Singer Sep 26, 2014 0 According to the Land Registry’s House Price Index, average prices in England and Wales are now just £3,500 short…