With its aim to replenish its ranks with star performers in North America, Australia’s Macquarie Group Ltd shed close to 15 percent of its U.S. investment banking workforce this month, reports Reuters Several other banks are reconsidering their U.S. investment banking strategy and Macquarie Group Ltd’s action comes amidst that environment. For example more than…
The device will notify you of the air quality as well as when a change of filter is required. Although some have labeled air purifiers as not smart or powerful, with the exception of a few, the fact of the matter is that air purifiers do remove some of the nastiness however how much of…
An exploit and a customized hardware was used to access Apple’s encrypted content in its iPhone 5c. Giving a new twist to the Apple vs FBI court battle, as per The Washington Post, the previous report of the FBI engaging an Israeli firm to unlock the San Bernardino shooter’s iPhone 5c was off the mark. The…
Citing sources familiar with the matter Bloomberg reported that NXP Semiconductors NV is considering a sale of its standard products business and has received interest from Chinese buyers. NXP makes semiconductor parts such as diodes, transistors and other standard chip products used in consumer electronics such as phones, television sets and cars. Sources that were…
A criminal investigations has been by the British Serious Fraud Office has been prompted by the suspension of two senior Tata Steel executives along with 10 other people suspended over forgery allegations. Mark Broxholme, the managing director of the company’s specialty steels and bar business was suspended last November, reported The Guardian. Another senior executive…
Companies who in the course of their business routinely wire transfer monies overseas are particularly susceptible to this scam. According to the FBI, companies across the United States have lost billions of dollars to scams as fraudsters impersonate company executives through emails requesting staff to transfer monies to accounts controlled by them. Losses from these…
Due diligence on the loss-making UK assets of its Port Talbot plant that Tata Steel has put up for sale would begin from Monday by the Liberty House Group who is slated to buy the plants. The chef of the group Sanjeev Gupta also said that with governmental help, his company is confident of turning…
As rival Apple Inc readies a renewed push into the world’s fastest-growing market – India, Samsung Electronics Co Ltd is all set to regain its smartphone share in the country with a revamped line-up packed with special features including a safety mode for motorcyclists. Chinese brands as well as local rivals such as Micromax and…
Experts predict that this year could be somewhat tough for Wal-Mart in terms of it generating sales growth. This is attributed to the prediction that as many as 1 million low-income shoppers are about become more tightfisted with their spending as the new qualification requirements rolls into effect for the Supplemental Nutrition Assistance Program in the US.…
As per the WSJ with April 11 set as a deadline for the preliminary bids, Yahoo is likely to finalise the deal by June or July this year. Citing sources, the Wall Street Journal has reported that Yahoo Inc has set April 11 as a deadline for submitting preliminary bids for its web business and…
