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Swedish Finance Minister reiterates need to increase regulation over banks

Sweden's Finance Minister Anders Borg advised banks of a future of stricter administrative rules over their operations.


AppDynamics founder builds for the cloud and mobile market after investors infusion

Jyoti Bansal, founder of AppDynamics, have built a company that helps firms manage their high volume data.

Ford to spend CAD700 million to expand production in Canada

According to Ford Americas President Joe Hinrich, this investment would expand their Oakville plant near Toronto, Canada.

Swedbank projects great mergers and acquisitions possibilities in the market

Kloevern AB gained the most after the firm was upgraded in status by Swedbank AB. The shares of Kloevern AB had jumped its highest in nearly five months in Stockholm trading.


Latest News

Google has made a 'significant' investment in Calico, a company designed Google had announced its plans to form a new company to be named Calico.
James Gorman, the CEO of Morgan Stanley, said that he personally invest in municipal bonds, a biotech firm and for his children's accounts,in global equities.
In order to save the debt of Telecom Italia from being downgraded to junk status, a future with Telefonica SA seems to be the best option available for the Italian telecommunications firm.
JP Morgan Chase & Co. had been poised to pay approximately USD900 million to settle claims from both US and UK regulators.
The proposed share buyback of Activision Blizzard Inc. of its Vivendi SA's shares was blocked by a judge in Delaware Chancery Court in Wilmington.
Goldman Sachs Investment Partners started a new Asian fund named Oryza Capital early this month, according to sources.
On Wednesday, GMR Infrastructure announced it had sold its stake in its highway construction unit to India Infrastructure valued INR222 million.
Apple had just released the iOS7 ready iTunes 11.1 which brought iTunes Radio to its desktop music software according to a techcrunch.com report.
Apple Inc. announced that the new set of iPhones would be released in the country on the same day as Europe, US and Japan.
East West Bancorp and MetroCorp Bancshares Inc. announced today the signing of a definitive agreement for the merger of MetroCorp into East West.