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Insurers face huge bills for Spain train crash

Insurance companies would deal with major payouts due to Spain train crash. Allianz, an insurance company from Germany, would deal with a huge bill for compensation payments after the deadly train crash that happened in Spain.


Spain spends Eur100 per year for track maintenance

Investigations were now being held to understand the cause of Spain train crash that killed 78 people.

BlackBerry must go back to enterprise market - analysts

Analysts suggested that BlackBerry would be able to attain its former glory if it would go back to the enterprise market.

BlackBerry fires 250 employees due to weak earnings

BlackBerry laid off 250 employees after firing 5,000 people last year due to weak earnings. BlackBerry, a currently troubled smartphone producer, fired 250 employees from its product-testing facility in Waterloo, Ontario.


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Samsung increased it investment by US$1 billion with the hope that it would compensate for the slumping smartphone growth.
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The camera-producer titans find it hard to sell its product due to the increasing demand for smartphones.
Analysts said that Apple is well-equipped with advantages that would keep it from BlackBerry's fate.
Canon dimmed its profits and sales outlook as smartphone titans present gadgets that could capture high-quality photos.
Analysts believed that Apple's budget iPhone or iPhone Lite would threaten the company's bottom line.
A statement by Pamplona Capital said that Deutsche Bank was fully committed to returning the pledged shares upon request.
A report revealed that healthcare investments to Cleveland in the fist half of 2013 was US$80 million, down from the US$104 million in the same period last year.
Facebook faced two major mobile ad challenges. Undoubtedly, Facebook's mobile ad business has grown. Facebook ads are paid advertisements that are "relevant and interesting" to a user.