RBS withholding bonuses for 18 staff during probe
Royal Bank of Scotland (RBS) says it is withholding bonuses for 18 employees while its probe into their possible involvement in fixing foreign exchange...
Smith & Nephew share price jump on Stryker takeover rumors
Rumors that Stryker Corporation plans to make a £13 billion ($20.21 billion) offer to acquire Smith & Nephew plc. sent the British multinational medical...
BAE Systems wins US Army Armored Multi-Purpose Vehicle contract
BAE Systems has clinched a $1.2 billion contract to Engineer, Manufacture and Develop (EMD) the Armored Multi-Purpose Vehicle (AMPV). The AMPVs will replace the...
US Internet launches fastest internet service in the world
A Minnesota-based company is offering internet speeds of up to 10 gigabits per second, which is the fastest service the world has ever seen.
The...
ITC looking into Samsung complaint of Nvidia patent infringement
The U.S. International Trade Commission said that it is going to be investigating complaints filed by Samsung accusing Nvidia of violating some of its...
Dow Jones closed above 18,000 for the first time ever
US stocks rallied on Tuesday, with the Dow Jones Industrial Average closing above 18,000 for the first time ever.
The Dow Jones Industrial Average...
Barnes & Noble buys back its Nook e-reader business
Barnes & Noble announced that it has agreed to buy back its Nook e-reader business. The company plans on splitting the business into a...
Canada October 0.3% GDP growth higher than expected
Canada’s gross domestic product (GDP) grew by 0.3% in October, a much higher figure than most analysts had expected, after expanding by 0.4% in...
Keurig recalls 7 million coffee makers because of burn risk
Keurig Green Mountain Inc., a US manufacturer of coffee brewers for both home and commercial use, announced that it is recalling over 7 million...
What are the world’s 10 biggest banks?
There are two ways banks are measured for size when deciding on league tables – market capitalization or total assets.
Market capitalization, also known as...