Thursday, May 28, 2015
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Libor trial: Trader kept rate 'artificially high' The trader at the centre of the Libor rate-rigging trial tried to influence other banks to manipulate the key benchmark rate to suit his own trading positions, a jury at Southwark Crown Court has heard.
Huawei unveils latest smartphone device P8 in Dubai DUBAI, United Arab Emirates (Xinhua) - Chinese ICT giant Huawei has unveiled its new P8 smartphone, which the firm said is aimed to gain a major share in the Middle East region's consumer smartphone market.
Time Warner Cable to be bought by Charter Communications Charter Communications has agreed to buy media giant Time Warner Cable in a cash and shares deal worth $78.7bn (£52bn).
Jamaicans accept FLOW price increases — CWC executive JAMAICANS are accepting the price increases at large cable provider FLOW, according to John Reid, an executive at the provider's new parent company Cable & Wireless Communications (CWC).
EU agrees 1.8bn-euro loan to cash-strapped Ukraine The EU has agreed a €1.8bn (£1.3bn; $2bn) loan to Ukraine - described as a landmark deal for a non-EU member. The agreement was signed at an EU summit in Riga, Latvia, with the leaders of six post-Soviet nations.
Yellen: US rates could go up 'at some point this year The chair of the US Federal Reserve, Janet Yellen, said she expects the central bank to begin raising interest rates "at some point this year".
Greece seeks loan deal by end of May Greece has said it wants to reach a loan deal with its international creditors by the end of this month.With the country seemingly close to running out of cash, government spokesman Gabriel Sakellaridis said a deal was "required immediately".
Lime links with Zimbra to enhance email service experience LIME is introducing a new ‘look and feel’ to how users of its email domain access their digital messages. As of July 13, 2014, subscribers will be served by LIME through Zimbra – one of the world’s fastest-growing Webmail service providers with over 500 million customers.

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  • BREAKING: Jack Warner among indicted FIFA executives ZURICH, May 27 2015 – Swiss authorities began an extraordinary early-morning operation here Wednesday to arrest several top soccer officials and extradite them to the United States on federal corruption...
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