Author Archives

• RBS Sued for $184 Million over Alleged Conspiracy by UK Businessman

  By admin2 on June 13, 2016 • ( 0 )

  

  In the latest case to allege misconduct by the bank’s restructuring division, RBS has been alleged to have conspired to push the business into administration to benefit from its sale by the former CEO of a software company who is… Read More ›

• Study Finds it would Cost Wal-Mart $4.95 Billion if it Hiked Wages to $15 per hour

  By admin2 on June 13, 2016 • ( 0 )

  

  According to an estimate by the UC Berkeley Center for Labor Research, if Wal-Mart Stores Inc were to raise the minimum wage for its hourly employees in the United States to $15 per hour from the current $10 per hour,… Read More ›

• Lenovo to Challenge Apple, Samsung with its Augmented Reality Smartphone – PHAB2 Pro

  By admin2 on June 10, 2016 • ( 0 )

  

  With the aim to augment its challenge to Apple and Samsung, the Chinese electronics giant Lenovo is banking on its joint venture with Google to launch a smartphone with augmented reality and a new handset from subsidiary Motorola with a… Read More ›

• Industry Claims 120,000 jobs Lost in North Sea Region due to Oil Downturn

  By admin2 on June 10, 2016 • ( 0 )

  

  The down turn in the global oil and gas industry ever since the oil prices started sliding in 2014 has seen nearly 8,000 jobs getting lost from the North Sea oil and gas industry in the UK while 120,000 roles… Read More ›

• Health of your Heart can now be Measured by New Home Scales

  By admin2 on June 8, 2016 • ( 0 )

  

  A set of scales that can check the health of your heart as well as your weight has been designed by consumer electronics firm Withings, the company claims. Pulse wave velocity, which is produced by the beating of the heart… Read More ›

• Markets may Conflate Year’s Biggest Risks – ‘Brump’ or ‘Trexit’?

  By admin2 on June 8, 2016 • ( 0 )

  

  Two events that are being touted to have almost equal economic impact are drawing absolutely opposite reactions from the market which has puzzled many economists and market experts. While the market in Europe and specifically in the UK have seen… Read More ›

• Non-oil Revenue Surge and Salary Clamp Down Planned by Saudi Reform Plan

  By admin2 on June 7, 2016 • ( 0 )

  

  While describing the reforms designed to reduce Saudi Arabian economy’s dependence on oil and build a sustainable future, ministers of the kingdom said that the country plans to more than triple the government’s non-oil revenues and clamp down on public-sector… Read More ›

• Denmark – the Land where Negative Rates are Normal

  By admin2 on June 6, 2016 • ( 0 )

  

  While unemployment in Denmark is almost the lowest in Europe despite a minimum wage not far below $20 an hour and some of the world’s steepest taxes, the country clearly represents a place where the usual rules tend not to… Read More ›

• Polls Show Momentum for Brexit Resulting in Fall of Pound and Volatility Jump

  By admin2 on June 6, 2016 • ( 0 )

  

  Reviving concern the June 23 referendum will throw global markets into turmoil and undermine confidence in the 28-nation trading bloc, polls showed more Britons favored quitting the European Union and the pound dropped to a three-week low. Three surveys on Monday… Read More ›

• Possible Bidders Circling Avianca Include United Continental and Delta

  By admin2 on June 3, 2016 • ( 0 )

  

  As airlines around the world seek combinations to help them withstand fierce competition and bulk up internationally, the United Continental Holdings Inc. and Delta Air Lines Inc. are among suitors considering bids for Avianca Holdings SA, reported the Wall Street… Read More ›