Swiss banking giant UBS settled with the US Federal Housing Finance Agency to pay USD 885 million to Fannie Mae and Freddie Mac.
Investors
GSK appoints new China general manager in wake of bribery allegations
Herve Gisserot replaces Mark Reilly as GSK's head of operations in China in the wake of the bribery scandal faced by the pharmaceutical company.
Samsung's market share continues to grow
Samsung continued to see growth in its market share. Although Samsung may not have performed well in terms of profit, it was gaining some traction in terms of market share.
Samsung's not-good-enough profit, a sign of market saturation?
Samsung reported not-good-enough profit, which could be a sign of market saturation. Samsung reported a record profit at KRW7. 8 trillion (US$7 billion).
Alfonso Soriano trade brings salary relief to Cubs, part of asset management plan
The Alfonso Soriano trade will bring salary relief to the Cubs and is also part of the team's asset management plan.
Latest News
The recent cyber attack on Regions Bank provides a new opportunity for venture capitalists. Regions Bank was attacked Friday, leading customers confused and worried.
Excellence Real Estate Group Ltd acquired two commercial sites in Shenzhen's Qianhai special zone.
China's official news outlet said that more foreign pharmaceutical firms in the country could face the possibility of getting investigated for corruption.
Regions Bank was “attacked” Friday and it is not clear who will pay the losses. Regions Bank experienced a "Distributed Denial of Service" (DDoS) attack.
The companies behind the movie 'The Wolverine' anticipated earning more than what they spent for the summer movie.
Wells Fargo & Co and PepsiCo Inc. top the list in bond sales this week. U. S. home lending company Wells Fargo & Co. raised US$5 billion of bond sales as New York-based PepsiCo Inc.
LumeJet becomes the latest recipient of Technology Strategy Board’s Smart programme, wherein it was able to secure GBP 250,000 new capital.
Golden Queen Mining Co Ltd announced that they were able to raise funding through the completion of their private placement.
"The Wolverine" is expected to "heal" Hollywood from big-budget losses. "The Wolverine" is the latest spinoff from the X-Men franchise.
