iPhone is crucial to Apple's success in the future

Apple's iPhone is the company's key to grow again and catch up with the low-end smartphones' increasing sales.


Amazon announces 7,000 new jobs before President Obama's visit

Amazon announced that it would add 7,000 new jobs in its warehouses before the US president Barack Obama's visit.

Microsoft's problem is its marketing strategy - analysts

According to analysts, Microsoft's current problem is not its products but its marketing strategies.

Lack of subsidies will boost sales of iPhone

Analysts said that the telecom operators' plan to slash subsidies would boost iPhone sales. Apple investors were reported to be worried about the telecom operators' plan to slash subsidies.


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Centrica Plc finalized the deal that enabled them to acquire Direct Energy Business for US$731 million.
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The IMF releases additional funding as part of Greece's bailout program. The International Monetary Fund announced that they approved for additional funding for Greece's bailout program.
The Swiss National Bank said that they are open to sell back the UBS assets that they took on during the global financial crisis.