Samsung Electronics has recovered more than 60% of all recalled Galaxy Note 7 smartphones sold in South Korea and the U.S., and is focused on replacing all of the devices “as quickly and efficiently” as […]
Alphabet has announced a new public Wi-Fi initiative called Google Station. The platform is an extension of work done in India providing Wi-Fi to millions of users at train stations, and the tech giant is […]
The Italian government has set a referendum on constitutional reforms for December 4. The plan aims to streamline parliament and the electoral system in the hope of bringing the country badly-needed political stability. According to […]
Saudi Arabia and Iran have dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as sources within the exporter group said differences between the kingdom and Tehran remained too […]
After years of pushback, the biggest names in asset management, including BlackRock, The Vanguard Group and Fidelity Investments, are praising the Financial Stability Board for shifting its regulatory focus away from firms and on to […]
Banks with less than $250 billion in assets that do not conduct significant nonbank or international activity would be exempt from the “qualitative” portion of the Federal Reserve’s annual stress test under a Fed proposal. […]
Up from 3M in March (+33%). Facebook COO Sheryl Sandberg highlights increasing time spent on mobile, increased mobile engagement and advancing mobile technologies enabling devices to do more (video, 360-degree photos noted) as contributing to […]
The proliferation of online foreign-exchange brokers is putting a premium on reaching potential clients where they dwell, and that means a sharper focus on mobile. Yael Warman recommends seven steps, including the launch of a […]
Given the rumors that Disney (NYSE:DIS), Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT) and Salesforce (NYSE:CRM) all appear to be interested in a buyout of Twitter (NYSE:TWTR), one would think the sale price would be a bit […]
Allianz has sought out alternative investments such as real estate and infrastructure as interest rates remain in low or negative territory. Chief Investment Officer Andreas Gruber says nearly 15% of Allianz’s portfolio is alternative investments, […]
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