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Ex-JPMorgan banker may become Barclays' CEO

Barclays Plc, UK's third largest bank, is expected to announce Jes Staley, former JPMorgan Chase banker, as its new Chief Executive Officer (CEO). Staley is believed to have accepted the offer from Barclays, according to the unconfirmed market news. The appointment is expected to be announced within two weeks. Even after the confirmation of the offer, Staley will have to get approval from Britain's financial regulator. Barclay's investment banking activity has been under pressure for some time. Choosing Staley could result in renewed focus on the investment banking.


German broadcaster buys Swedish travel firm for $267mn

ProSiebenSat.1, a Munich-based German broadcaster, has acquired Swedish online travel agency Etraveli Holding AB for Euro235million ($267mn) from private equity (PE) firm Segulah IV LP. The acquisition deal for ProSiebenSat.1 is its biggest investment in the global e-Commerce. The German broadcaster will expand its digital operations globally following the acquisition. ProSiebenSat.1 is planning to expand beyond TV business.

Xiaomi Mi4c's specifications similar to Google Nexus 5X

Chinese smartphone manufacturer, Xiaomi announces its latest flagship and addition to its high demand Mi4 family with the new Mi4c. The company has been able to keep with its theme of producing an affordable smartphone with high spec. The Mi4c according to some reviewers comes with a spec similar likes the Google Nexus 5X but with cheaper price tag.

Pepsi Co brews smart phone biz in China

Global soft drink major PepsiCo Inc is testing waters in mobile devices market. The US-based food and beverage company is in the process of launching Pepsi branded smartphones in the Chinese market shortly. However, Pepsi doesn't make mobile phones but acts as a licensing partner to market mobile phones under Pepsi brand.


Latest News

The Italian luxury sports car maker, Ferrari will debut on Wall Street soon and it is expected to create a buzz for its IPO. However, investors are concerned with the long-term return from the company as the company is known for its product capped and high research cost.
How would you like your pair of sneakers made? Sure you can now have your trainers tailored according to color or design of your choice. But have you ever thought of having your shoes printed, either in store or at home?
"Extant" launched its 13-episode first season in 2014. It followed the life of Molly Woods (Halle Berry), an astronaut who after returning from a solo mission in outer space begins experiencing a series of bizarre events. Unfortunately, the series was short-lived due to its soft performance in ratings and its shift in direction from sci-fi to a more action-packed drama.
Capcom's fighting video game Street Fighter 5 launching next year will feature a unique story content that is far different from its predecessors. Meanwhile, the new characters for the 2nd beta happening on October 22 have been announced.
‘Kingsman: The Secret Service 2’ breakout actor Taron Egerton is all set to reprise his role as Eggsy Unwin. His other film, ‘Robin Hood: Origins’, has recently taken the backseat in order to accommodate the actor’s prior scheduling conflict. Colin Firth may also return to the sequel despite being killed off in the first film.
‘Trainspotting 2’ director Danny Boyle promises that the sequel will not disappoint fans of the original film. He announced that principal photography would start in the May or June of next year. He confirmed that the original cast, which includes Ewan McGregor, will return to reprise their iconic roles.
‘Doctor Strange’ is an upcoming fantasy-adventure film featuring Benedict Cumberbatch in the title role of the Sorcerer Supreme. Rachel McAdams recently confirmed her involvement to portray a yet-named character joining Cumberbatch and Tilda Swinton in what is known as the “best superhero cast”. Joaquin Phoenix explained why he passed on the lead role despite being in final talks.
‘Boruto: Naruto the Movie’ officially screened in North America last October 10, 2015. It was revealed that Naruto was an awful father and his son Boruto was a spoiled brat. Creator Masashi Kishimoto also took to the 2015 New York Comic Con panel to talk about his latest work.
Two variants of the new tablet Xiaomi Mi Pad 2 are expected to be unveiled on October 19 at an event that will be hosted by Xiaomi. The device is expected to run on Windows 10 and in either Android 5.1 Lollipop or the Android 6.0 Marshmallow.
‘Prometheus 2’ is confirmed as ‘Alien: Paradise Lost’. Director Ridley Scott explained his reasons behind the intriguing sequel title that caused some confusion among fans. He admitted that although his ‘Prometheus’ films will connect with the ‘Alien’ franchise, it won’t be apparent until his planned fourth film.
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