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UBS settlement

UBS to pay $885 million to close an investigation on mortgage-backed securities

Featured News , Finance Peter Swartz • July 27, 2013 • No Comments •
UBS, the largest Swiss bank, agreed to pay $885 million to the U.S. sponsored companies Federal Mortgage Association, …
Smartphone sales

Smartphone sales in Q2: Samsung and Apple losing market share, LG and Lenovo grow

Featured News , Technology Steven Lee • July 27, 2013 • No Comments •
According to data released by IDC, the second quarter of this year brought a 50 percent increase on …
Bitcoin

Bitcoin: $4.5 million fraud committed by a “Bernard Madoff” of the virtual currency

Featured News , Finance Ali Mohsin • July 26, 2013 • No Comments •
U.S. Securities and Exchange Commission  (SEC) sued a “Bernard Madoff” of the virtual currency Bitcoin, Trendon T. Shavers, …
Dominique Strauss-Kahn

Dominique Strauss-Kahn to be tried on aggravated pimping charges

Featured News , Politics Brandon Callahan • July 26, 2013 • No Comments •
Judges investigating the “Carlton Hotel” prostitution case in Lille, northern France, decided to prosecute former IMF director Dominique …
Activision Blizzard Vivendi

Activision Blizzard bought its independence from Vivendi with 8 billion dollars

Business , Featured News Annemarie Hvidberg • July 26, 2013 • No Comments •
Activision Blizzard (NASDAQ:ATVI) will repurchase 429 million shares held by Vivendi for $5.83 billion and will finance the …
Facebook revenue Q2

Facebook: financial results above Wall Street expectations

Business , Featured News Mazhar Abbas • July 25, 2013 • No Comments •
Facebook (NASDAQ:FB) reported income above expectations, thanks to mobile advertising business that began to take momentum, amid increasing …
Fiat Chrysler

Fiat-Chrysler group may be registered in the Netherlands

Auto , Featured News Steven Lee • July 25, 2013 • No Comments •
Fiat-Chrysler group may be registered in the Netherlands, after completion of the merger of the two automakers, said …
Ford sales

Ford profit rose 18 percent in the second quarter to $1.23 billion

Business , Featured News Annemarie Hvidberg • July 25, 2013 • No Comments •
Ford’s net profit increased by 18% in the second quarter of the is year to $1.23 billion, exceeding …
Apple sales

Record proceeds for Apple from the sales of iPhone

Business , Featured News Annemarie Hvidberg • July 24, 2013 • No Comments •
Apple’s financial results released Tuesday were not a cause for praise for the American company. Earnings have increased, …
PepsiCo profit

PepsiCo ​​profit up by 35 percent in the second quarter

Business , Featured News Annemarie Hvidberg • July 24, 2013 • No Comments •
PepsiCo’s net profit increased by 35%, in the second quarter, from $1.49 billion, or 94 cents a share, …

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