Euro drops to a 14 month low as German business confidence falls
The euro has dropped to a 14 month low following poor German business confidence. There is now increasing sentiment that the European Central Bank...
Walmart will offer mobile checking accounts and linked debit cards
Walmart is coming out with its own mobile checking account with a linked debit card program for customers. The service is called GoBank, and...
Treasury approved fat pay increases to GM executives
The US Treasury approved excessive pay rises to GM and Ally Financial executives after the companies were bailed out by the taxpayer, Christy Romero,...
BP cannot claw back overpayments from Gulf spill disaster
At the hearing in New Orleans on Wednesday, U.S. District Judge Carl Barbier said BP cannot recover hundreds of millions of dollars in overpayments...
Sir Philip Hampton to be new Chairman of GlaxoSmithKline
Sir Philip Hampton, the current Chairman of the Royal Bank of Scotland, will this week be named as GlaxoSmithKline plc’s new Chairman. He is...
South Korea orders 40 Lockheed Martin fighter jets
The Republic of South Korea confirmed on Wednesday its order for 40 Lockheed Martin F-35A Lightning II aircraft as part of its F-X fighter...
Sir Richard Branson supports vacations whenever you want
Sir Richard Branson, the billionaire head of the Virgin empire, supports flexible working. This means staff can take time off whenever they like, and...
Royal Bank of Scotland reduces Citizens share price
The Royal Bank of Scotland (RBS) has reduced the price of shares in Citizens Financial Group’s IPO to $21.50 from a $23 to $25...
Starbucks is buying out Japanese partner
Global coffee company and coffeehouse chain Starbucks Corporation announced on Wednesday that it is buying out its Japanese partner Starbucks Coffee Japan, Ltd in...
PayPal warms up to Bitcoin
PayPal said on Tuesday that it was partnering with GoCoin, Coinbase and BitPay to allow its merchants to accept Bitcoins for online games, downloadable...