Wal-Mart sues Visa for $5 billion
Wal-Mart sues Visa for $5 billion after accusing the credit card company of colluding with major banks to fix transaction fee prices charged to...
BlackBerry reports $5.9bn net loss
Canadian smartphone maker BlackBerry reported a $5.9 billion net loss for its latest financial year, but registered a smaller-than-predicted loss of $423 million during...
Baxter split into two independent companies
A Baxter split into two independent, separate global healthcare firms is the best way ahead for the two businesses of Baxter International Inc., the...
IMF Ukraine loan package worth $14-18 billion agreed
An IMF Ukraine loan package stand-by arrangement worth between $14-$18 billion has been agreed (staff level agreement), after an IMF (International Monetary Fund) mission...
ANA buys $16 billions’ worth of Airbus and Boeing aircraft
All Nippon Airways (ANA), Japan’s largest airline, has announced the planned purchase of $16 billions’ (¥1700 billions’) worth of airplanes to expand its fleet...
Bank of America $9.5 billion settlement
Bank of America has agreed to pay mortgage lenders Fannie Mae and Freddie Mac $9.5 billion in the form of a $6.3 billion cash...
Airbus China deal worth over $10 bn signed
An Airbus China deal involving 70 jets and worth over $10 billion has been signed by the European aviation company and China’s state-owned purchasing...
Eurozone economic index up 0.1% in February
The Eurozone economic index for February increased by 0.1% to 111.1, after rising by 1.4% in January and 0.3% in December, according to the...
Facebook Oculus takeover deal worth $2 billion announced
A Facebook Oculus VR takeover deal worth $2 billion has been announced by the two companies. Oculus VR owns Oculus Rift, a promising virtual...
London becomes Chinese currency dealing hub
London is to become a Chinese currency dealing hub, the People’s Bank of China and the Bank of England announced today after agreeing on...