HSBC is facing searching questions from regulators over the quality of its internal checks and culture after the Financial Conduct Authority said it was looking into recent revelations that its Swiss ...
HSBC is facing searching questions from regulators over the quality of its internal checks and culture after the Financial Conduct Authority said it was looking into recent revelations that its Swiss ...
Gold extended gains to a fourth straight session on Tuesday, underpinned by safe-haven bids after talks between Greece and its creditors broke down. Spot gold rose 0.1 percent to $1,232.50 an ounce by...
Oil markets opened stronger on Tuesday, continuing a rally that has seen Brent crude futures soar 8 percent since mid-January, yet analysts are increasingly saying that price rises have been overblown...
Seattle - Microsoft named company veteran Satya Nadella as its next chief executive officer on Tuesday, ending a longer-than-expected search for a new leader after Steve Ballmer announced his intentio...
The incoming Kimberley Process Certification Scheme (KPCS) chairperson, Mr Wei Chuanzhong says China appreciates the significant role that the scheme must play in promoting legal diamond trade and in ...
Singapore - Brent crude prices fell by more than 2% on Monday following a key deal between world powers and Iran on its controversial nuclear programme.Brent North Sea crude, the European benchmark, f...
Dubai - Emirates Airline's appetite for aircraft purchases will not cease, the airline's president Tim Clark told AFP Monday a day after the Dubai-based carrier ordered 200 planes from Boeing and Airb...
Britain is scrapping a plan to force visitors from six "high risk" countries to pay a cash bond of £3,000 (about R48,000), the interior ministry said on Sunday.The government had been preparing to pi...
A new survey of family offices by Citi finds that the wealthy are cash heavy - meaning they may fall short of the investment returns they're expecting.Wealthy families have about 39 percent of t...
Washington - The United States launches today (Tuesday 08 October) a new $100 bill that comes with, for the iconic greenback, a new touch of colour, as well as special features to foil counterfeiters....
WASHINGTON - The U.S. government began its first partial shutdown in 17 years, idling as many as 800,000 federal employees, closing national parks and halting some services after Congress failed to br...
Ottawa - BlackBerry said Friday that it lost $965m in the past quarter, confirming preliminary figures showing a rapidly eroding picture for the Canadian smartphone maker.The company, which had given ...
Toronto - BlackBerry's plan to retreat from the consumer market in favour of its traditional strength serving businesses and governments is widely seen as a desperate move that industry watchers warn ...
Toronto - BlackBerry launched its new Z30 flagship smartphone on Wednesday, as it battles to win back market share despite uncertainty around its future.Once a pioneer in the smartphone arena, BlackBe...
London - Four men have appeared in court over an alleged attempt to take control of computers at a Santander bank branch to steal millions of pounds.They were charged with conspiracy to steal after an...
Though everyone thought we were decades away from this, Japanese automaker Toyota plans to unveil its first-ever commercially produced hydrogen fuel cell car in January in Las Vegas, and it will hit t...
Apple has unveiled two new iPhones: the 5S, which has a significantly faster processor and an extremely cool feature in the fingerprint sensor, and the budget 5C version.These are the phones the compa...
Berlin - Samsung has unveiled a highly anticipated digital wristwatch at least weeks ahead of a similar product expected from rival Apple. The so-called smartwatch is what some technology analysts bel...
Microsoft has agreed a deal to buy Nokia's mobile phone business for 5.4bn euros ($7.2bn; £4.6bn).Nokia will also license its patents and mapping services to Microsoft. Nokia shares jumped 45% on new...
LONDON - Mobile phone giant Vodafone said on Thursday that it is in talks with US telecoms operator Verizon on a possible sale of its stake in Verizon Wireless said to be worth more than $100 billion....
FRANKFURT - The European Central Bank is unlikely to keep its interest rates low for years, the head of the German Bundesbak said on Monday, but warned that the eurozone crisis is far from over."My as...
Steve Ballmer has been CEO of Microsoft MSFT +8.18% since taking over from Bill Gates in January 2000, but his long tenure is drawing to a close.The tech giant said Friday that Ballmer has decided to ...
NEW YORK - Moody's has warned that it could cut the credit ratings of the six biggest US banks, saying the federal government may be less likely to bail them out if they got into trouble in the future...
The U.K. banking regulator says it has reached a deal with 13 major banks and credit card issuers to compensate customers who were mis-sold credit card protection.The bill could be up to £1.3 billion...