Siemens is acquiring Dresser-Rand in a $7.6bn (£4.6bn) cash deal which will help the German conglomerate boost its oil and…
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Europe Must ‘Boost Demand’ To Revive Economy, US Warns
The US Treasury Secretary has urged eurozone countries to “boost demand” in order to reduce unemployment and avoid deflation.Jack Lew…
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GM Recalls 221,558 Sedans For Fire Risk
General Motors is recalling 221,558 Cadillac XTS and Chevrolet Impala sedans because the brake pads can stay partially engaged even…
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GlaxoSmithKline Fined $490m By China For Bribery
China has fined UK pharmaceuticals firm GlaxoSmithKline $490m (£297m) after a court found it guilty of bribery.The record penalty follows…
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Alibaba Shares Surge in Their NY Stock Market Debut
Alibaba’s shares closed significantly above their initial price on the New York Stock Exchange (NYSE) on Friday, a sign of…
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Amazon To Create Thousands Of Jobs In London
Amazon has announced plans to open a new London office with the potential for more than 3,000 extra jobs.The online…
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HSBC Settles Mortgage Case With US Regulators For $550m
The British bank HSBC will pay $550m (£338m) to US regulators to settle claims that it mis-sold mortgage-related bonds between…
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This Gadget Can Knock Drones And Google Glass Offline
Bothered by gadgets like Google Glass that can, theoretically, be used to snoop on you in public? Then why not…
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Every Time You Buy Something, This App Invests a Few Pennies On Wall Street
As a freshman in college, my one (moderately) responsible financial decision was setting up a checking account that rounded up…
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Scoop Up Sales: Simple Steps for Building Your Ice Cream Brand
What goes into building an ice cream brand? Surprisingly, a lot. Running an ice cream shop isn’t unlike running other…
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Russia’s Ruble At Lowest Level Ever As New Sanctions Loom
Russia’s currency has hit its lowest level ever against the U.S. dollar as the risk of new Western sanctions threatens…
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The Complete Lowdown On How Business Owners Are Saving Money In 2014
Due to the unstable global economy, business owners around the world have had little choice but to cut back on…
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