According to court papers filed on Monday, allegations that Deutsche Bank AG had illegally conspired with other banks to fix silver prices at the expense of investors would be settled by a payment of $38 million to settle the U.S. litigation.   In a number of recent lawsuits investors have...

Amazon has applied for permission to build a large will call center in Seattle, and two more - in the state of California. According to documents, buyers in Seattle will be able drive into the complex, park, get goods pre-ordered from the online store and leave. All this should take no more than 15...

Disagreements on selling prices made Tesco, largest British retailer, remove dozens of names of popular products, including the popular in the country spread Marmite sandwich, from sale in its online store. British-Dutch corporation Unilever tries to approximately 10% rise wholesale prices for a...

Post-Brexit period and the uncertainties of the U.S. elections cast its ominous shadow on Infosys’ revenue growth targets. It is now the second time within a period of three months that Infosys Limited, the “second-largest software services exporter” of India, have lowered its “fiscal-year revenue...

Soaking up a $2.3 billion hit from ditching its flagship smartphone in what could be one of the costliest product safety failures in tech history, Samsung Electronics Co slashed its quarterly profit estimate by a third.   The world's top smartphone maker said it expects its July-September...

Oil industry executives are concerned the sharp drop in investment that followed the oil price crash could lead to another crisis - a supply shortage even while OPEC and other big crude producers work toward a deal to cap production to erode a glut.   After companies slashed budgets due to...

Shares of Apple have updated yearly high after the company’s main competitor in the smartphone market, Samsung Electronics corporation, announced termination of production and sales of the flagship model Galaxy Note 7. After start of trading on the Nasdaq on Monday, October 10, price of one Apple’s...

Real estate market in major metropolitan areas such as New York and San Francisco is sinking down, the US media mentioned several times. Volume of proposals of apartments in New York fell by 20% in the III quarter compared with the same period last year. This is linked the fact that buyers are...

Dealing a further setback for Samsung Electronics Co Ltd in the midst of its worst ever phone recall crisis, the tech giant has suspended production of its Galaxy Note 7 smartphones following reports of fires in replacement devices, South Korean media reported on Monday.   Yonhap News Agency...