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Barclays, Royal Bank of Scotland and another two major British banks are due to pay their clients financial compensations up to 5 billion pounds in value for the incorrect sales of financial derivatives to small companies. The banks, among which we find also Lloyds Banking Group and HSBC Holdings, approved a budget of almost 740 million pounds in order to cover the compensations owned to their … [Read more...]
Zimbabwe. Larger than Germany and Japan, this country is really a land of paradoxes that only business and political analysts may decipher. Zimbabwe owns one of the largest reserves of plutonium in the world and actually sits on mountains of diamonds. However, the latest news shocked the entire world, when the governmental officials announced that the country's budget account consists in only 217 … [Read more...]
One of the most known and, paradoxically, secluded financial paradises in the world, the Cayman Islands, will soon become more transparent regarding the thousands of companies and speculative funds which have found a home there on the Caribbean shore, thus interrupting the confidentiality policy implemented for decades. The British land, overly criticized by the authorities and investors all … [Read more...]
Last week, the famous National Geographic Magazine celebrated 125 years of life, research, discovery, beauty, pride and inspiration for people all over the world to care about the planet and the human kind. Known for its efforts to show the wonders of our planet and the perils we are exposing it to, the publication will also persist forever in the minds of its readers because some of the … [Read more...]
Mobile World Congress 2013 promises its followers a lot of new and exciting news! Held in Barcelona next month, the world's largest exhibition, conference and networking event for leading mobile operators, device manufacturers and technology pros, the congress already unraveled some interesting facts related to Opera and its brand new browser for Android and iOS, called Ice. The Norwegians from … [Read more...]
Consumer Electronics Show (CES), the greatest electronics and technology event in the world, estimates each year a number of over 100.000 visitors. This edition counted around 150.000 people present in Las Vegas to see with their own eyes some of the most innovating releases, as well as some of the craziest gadgets ever concocted by tech pros. From the most thin phone in the world to the Hello … [Read more...]
