Credit Suisse redesigned its attitude toward developing markets and suggested speculators overweight India, South Korea and Taiwan in a mammoth 92-page "Worldwide Equity Strategy" report discharged Wednesday. The biggest trade exchanged supports on money markets giving presentation to the...

American IT-company Hewlett-Packard (HP) sells 51% of its Chinese business H3C Technologies Co., dealing with the issue of network equipment, to the Chinese company Tsinghua Holdings, said in a statement on the website HP. H3C company is valued at $ 4.5 billion. It is expected that after the deal a...

Altice is set to foray into the US market at a time when the cable industry is facing a paradigm shift Israel-based cable company Altice SA is acquiring control of US-based Suddenlink Communications in a $9.1 billion deal.   The landmark deal for Altice comes in a time when the cash-rich...

The five largest banks in the world are expected to be found guilty of a criminal offense and sentenced to a cumulative fine of more than $ 5 billion for fraud in the foreign exchange markets, reports Reuters. US banks JPMorgan and Citigroup and the British Barclays and Royal Bank of Scotland will...

American online payment services company PayPal has accrued $25m in penalties and refunds as the Consumer Financial Protection Bureau has found out that the company deceptively signed its consumers to its ‘Bill me later’ service without their permission.   The Bureau noted that the company...

The bank is one of the five leading banks in the world to have accepted the forex rigging charges. Switzerland-based UBS has announced that it has settled a probe by US authorities over its alleged rigging of currency markets by agreeing to a fine.   The bank plans to pay off $545 million in...

Chinese smartphone maker ZTE is the new entrant in the crowded smartphone market in India. Chinese smartphone maker ZTE is planning to launch its Nubia brand of smartphones in India in an exclusive partnerwhip with Amazon India.   The sub-brand of ZTE is already available in China along with...

Adaptimmune Ltd, a UK based biotechnology company has been on the move to create an early funding scenario by expanding their shares to the US stock exchange. Adaptimmune Ltd, a UK based biotechnology company is currently working on treatments that shall use a patient’s very own immune system...

The European Central Bank recently had announced their quantitative easing program in January following the quick sell of bond holdings around late April. The European Bank having gobbled up Eurozone, there have been primary speculations of another group of investors having dumped the same and thus...