A former UBS trader was sentenced to 14 years imprisonment on charges of manipulating an important interbank interest rate. This is the first occasion that someone has been found guilty and sentenced to imprisonment under Libor Trial.   This verdict, passed by a London jury marked a new...

Offer diversification, cross-channel distribution, user experience renewal… Specialized distribution is honing its weapons in the face of web-based omni-distributors and new client expectations. Quality, diligence and diversity are the new key words. E-commerce is putting traditional distributors...

Stamping a nod on the growth of the online retail market in India, global giants in online retail and allied industries and banks are queuing up to finance Indian online retail companies. In one such reported deal struck by India’s leading online retail platform, Snapdeal, has finalized a $500...

While showing their concern and attempting to stall an attempt by the law enforcement agencies to gain access to information about some 381 users, there is enough doubt whether Facebook arguably the most popular social media site, would be able to ward off the attempt.   This question arose...

Amidst allegations of breach of European Commission’s fir competition laws, the Commission has initiated an in-depth investigation to assess whether the proposed acquisition of TNT Express by FedEx Corporation is in line with the EU Merger Regulations. Both TNT Express and FedEx Corporation are...

Using advanced technology, CVS Health and IBM came together to create a combined force to improve health care management services to patients with chronic diseases . Both the companies jointly made the announcement on Thursday. The practitioners and pharmacists of the health care company CVS...

Facebook earned applauds from the Wall Street analysts who see long term growth possibility after Facebook announced plans to focus spending on its two messaging services, Instagram and its virtual reality headset business.   The price targets for the company were raised by at least 20 of...

Trend of Auto Makers to Invest in Higher-Value Component Market To capitalize on the growth in the connected-car market, U.S.-listed auto parts supplier Delphi Automotive is on the verge of buying out British cable equipment maker HellermannTyton Group . The deal is said to cost Dolphi Automotive...

Shrugging off continued volatility in the Chinese stock market, which is falling despite efforts by Chinese authorities to shore up their market, markets in the developed world have posted early gains thanks to better quarterly results and the ongoing activities in the merger and acquisition scene....