September 13, 2014 4:11 am
EasyJet Plc, Europes second-biggest discount courier, announced that it is launching a new advertising campaign in the U.K. today which will be the first in its history to target business travellers. The campaign, dubbed “Business Sense” comes at a cost of £8.5m and will feature the voice of “House” star Hugh Laurie. It will be […]
Read moreSeptember 12, 2014 1:14 pm
Comcast Corp. made a joint statement with Liberty Global Plc and revealed that its customers will be provided with the opportunity to use the European Wi-Fi hotspots of Liberty. In exchange, Libertys subscribers will be able to use Comcasts Wi-Fi networks in North America. According to the statement, the service is to start on a […]
Read moreSeptember 12, 2014 12:16 pm
The second-biggest bank in the U.K. – Barclays Plc appointed John McFarlane as a successor to David Walker as chairman of the bank. Barclays said that Mr. McFarlane will join the bank on January 1st as a non-executive director, and will take the position of Chairman on April 23rd, when the next years annual general […]
Read moreSeptember 12, 2014 9:47 am
Hewlett-Packard revealed that it is to acquire the cloud-computing software developer Eucalyptus Systems Inc as part of Chief Executive Officer Ms. Meg Whitmans strategy to boost the business of the company. The deal is expected to be finalized in the fourth quarter of the fiscal year. Hewlett-Packard announced in May 2014 that it plans to […]
Read moreSeptember 12, 2014 8:32 am
RadioShack Corp. revealed that it is in talks with creditors and third parties to get more capital and avoid bankruptcy after the electronics retailer posted another quarter of increasing losses and declining sales. According to an official statement, RadioShack is in advanced negotiations to bolster its balance sheet, including debt restructuring. The company is also […]
Read moreSeptember 12, 2014 7:48 am
According to some newly-released documents, Yahoo! Inc. might have been forced to pay millions of dollars on a daily basis on fines in case the company kept refused to comply with requests by the U.S. government for its users Internet data. The general counsel of Yahoo – Mr. Ron Bell – shared that the company […]
Read moreSeptember 11, 2014 2:21 pm
Gazprom OAO, Russias state-owned gas giant, and the largest gas exporter in the world, reported poor profits for the last quarter, hurt by simmering tensions with Ukraine. Gazprom said Q1 net profit fell by 41% on an annual basis to RUB 223 billion ($6 billion). Revenue, however, rose by 7% to RUB 1.56 trillion, while […]
Read moreSeptember 11, 2014 12:57 pm
Today Royal Bank of Scotland Group Plc confirmed that its headquarters would be relocated in England in case the Scottish independence referendum next week ends up with a positive vote. A similar announcement was made by Lloyds Banking Group yesterday. The bank, which is 80%-government owned, made a stock exchange statement, which was cited by […]
Read moreSeptember 11, 2014 11:59 am
Activision Blizzard Inc, the biggest western video-game maker, announced sales of its highly-anticipated shooter Destiny have totaled more than $500 million on release day. Activision, the original wing of Activision Blizzard, and maker of blockbuster first-person shooter (FPS) franchise Call of Duty, joined forces with another FPS game developer Bungie, maker of the hugely popular […]
Read moreSeptember 11, 2014 10:03 am
The fiber-optic communications company JDS Uniphase Corp. revealed that it plans to split into two separate publicly traded companies by the third quarter of 2015. JDS, whose market capitalization amounts to $2.78 billion, said it will separate producing optical components and commercial lasers in one entity and its network-testing equipment business in another. “We believe […]
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