A patent filing by Apple Inc with the United States Patent and Trademark Office revealed that the tech company would be working on a technology to allow solar energy to charge its mobile devices.
Sectors
AUB looks for acquisitions overseas
Like many other Gulf Cooperation Council banks, AUB is now seeking investments overseas for diversification purposes.
Volkswagen's U.S. sales performance disappoints automaker
Volkswagen's sales in the US remained a mystery to its manufacturers. Volkswagen AG (VW), the world's third largest automaker in the world, is disappointed with its US sales, according to Bloomberg report.
Cohen sells USD800 million in blue-chip art amidst securities case against SAC Capital
Art aficionados would have a chance to acquire a piece of SAC Capital Advisors owner and billionaire Steven Cohen to be sold next week at auction houses Sotheby's and Christie's.
Morgan Stanley, UBS and Goldman Sachs bankers form new advisory venture in London
A new financial advisory services firm in London had been formed by three former bankers who had successful careers in mergers and acquisitions.
Latest News
Multiple reports said Google Inc's Nexus 5 smartphone would be unveiled today, with shipments starting on November 1.
ConocoPhillips sold various oil assets located in Northern America, Asia and Africa. A Reuters report said US oil company ConocoPhillips expected to receive USD8.
IBM offered the biggest sale in securities. International Business Machines Corp. (IBM), one of the world's largest computer-services providers, is marketing the biggest bond sale worth €2.
The outlook of the Greek economy showed promise as stocks receives attention. Analysts said Greek stocks are performing well and have beaten every market while recession eased, according to a report by Bloomberg.
Warren Buffett wants more liquidity in assets to have cash when there is fear in the market. Experts said that financial investor Warren Buffett is not investing his cash pile fast enough, according to a report by Bloomberg.
Energy Future Holdings Corp planned to pay its junior bondholders in coupons to stave off bankruptcy.
The solar industry has gained ground in stock exchanges for two consecutive years, outpacing tech companies.
The Basel Committee on Banking Supervision overhauled its current bank-trading book rules for banks.
The new manufacturing commitments for the US that would be announced by Wal-Mart and the US government were part of the retailer's USD50 billion investment pledge to the US economy.
