UK plans to sell half of its stake in RBS within two years
The UK government plans on selling half of its stake in Royal Bank of Scotland (RBS) within the next two years, according to reports.
Last...
US service sector growth higher in June
Growth in the US service sector rose in June, according to data released by the Institute for Supply Management on Monday.
However, the index of...
Greece leaving the eurozone is now a very real possibility
The Greek people have cast their vote and the result is a resounding “no” to accepting strict austerity measures and following creditors’ bailout terms.
Many...
Casio introducing its first smartwatch
Casio Computer Co. announced that it will be introducing its first smartwatch sometime next year.
Pricing and specs have yet to be revealed, but the Japanese...
MasterCard testing selfies to verify online payments
MasterCard is experimenting the use of selfies as a means of verifying payments in its smartphone app.
The app confirms a persons identity via a...
BMW unveils hydrogen-powered 5 series
BMW is set on expanding its portfolio of clean-vehicle offerings with the addition of cars that run on hydrogen fuel.
Hydrogen fuel cells do not generate...
US economy gained 223,000 new jobs last month
The US economy added 223,000 new jobs last month, according to the latest Labor Department report.
However, wages remained flat, a sign that consumer spending...
BlackBerry reportedly developing an Android smartphone
Blackberry is reportedly working on an Android phone codenamed Venice.
On Friday leaked renders of a BlackBerry smartphone running on Android OS circulated the web. There...
Aetna acquiring Humana for $35 billion
Aetna is acquiring rival health insurer Humana for $35 billion.
The US health insurance giant announced on Friday that it agreed to takeover its smaller...
PayPal acquiring Xoom for $890 million
PayPal, which will soon split from its parent company eBay, announced that it is acquiring the digital money transfer business Xoom for $890 million in cash.
The online...