In a bid to capitalize on a retrenchment by rivals in the face of new rules designed to make the financial system less risky, the Citigroup plans to rebuild its long-neglected equities franchise, reports the Reuters. The No. 3 U.S. bank by assets was placed in the lower echelons of equities...

Google announced that now Android Wear will works with the Apple iPhone. Though Google’s announcement does not confirm whether one would need an Android Wear app for iPhone but some who have tried the new apparatus from Android Wear confirm that it is necessary. The Google announcement also...

Due to lower stock prices caused by the fall of financial performance and weak outlook, Samsung Electronics, the world's largest smartphone maker, dropped to 13th place in the ranking of the most expensive IT companies in terms of market capitalization, reports the agency Yonhap News citing data of...

Unigroup is hopeful of nailing a deal with Micron, for which the chairman of the former visits the United States. According to sources, this week the Tsinghua Unigroup’s chairman visited the United States in order to hold a meeting with Micron Technology’s board members. This was an attempt to mend...

The increment of Best Buy’s sale figures surprised the analysts. Thanks to the increasing demand of mobile phones, television sets and other such electronic appliances, the “biggest” electronics chain owner of the United States, Best Buy Co Inc saw an “unexpected increase” in its quarterly sales...

Tim Cook reassures the Apple investors as the Chinese stock market comes melting down, hinting at the rebound on Monday. The C.E.O of Apple, Tim Cook shared his comments through CNBC, wherein he ‘reassured’ the shareholders about iPhone manufacturing market sector of China, which soon saw a...

In a bid to gain supremacy in the African cement market, the richest man on the continent announced the construction of cement plants in 11 countries of the continent.   Nigerian billionaire Aliko Dangote, the richest man in the Africa according to the Forbes’ list, has signed up with a...

Following a third round of leaks of user’s emails and after suppressed allegations about the affairs despite earlier denials, the chief executive of extramarital affairs website Ashley Madison has left the company on Friday.  “Effective today, Noel Biderman, in mutual agreement with the...

Lowering of demand due to easing of summer gasoline consumption makes analysts and executives worried about the prospect of lower refining profits in the second half of the year. The refineries of large oil companies had been churning out profits despite the slackening global crude prices. But...