Harrods to reopen on November 4 after major store renovations

After infusing GBP107.8 million for store renovations, Qatar Holding would reopen Harrods store especially the iconic escalator.


Cray supercomputers make comeback

With more data being created every second, the Cray supercomputer becomes more relevant for the industry.

Twitter's attrition rate is a challenge for investors

The high rate of non-use in Twitter is what may challenge investors in their decision come IPO time.

Eike's Rio de Janeiro had highs and lows with the billionaire

At his financial mightiest, Eike bankrolled social services in Rio de Janeiro. Investors that entrusted their money to Eike Bautista have lost most of their funds amounting to bilions as his business empire imploded.


Latest News

Chipotle Mexican Restaurant had attributed its growth in the S&P500 to internal improvements undertaken.
Northern Beef Packers, which had filed Chapter 11 bankruptcy, sets USD12.75 million minimum bid for its assets.
Two agribusiness firms scramble to purchase shares in Florida citrus grower Alico. The heirs of Ben Hill Griffin Jr have sold off their shares in the market leading Florida based citrus company.
In a speaking engagement in India, BP CEO Bob Dudley said market pricing of natural gas in the country is the proper way to do it.
According to German software giant SAP, its Business by Design module for small and medium businesses would not be further developed but current users can still utilize its online services.
Pope Francis meets with ECB President Mario Draghi for unspecified matters. The head of the Roman Catholic Church, Pope Francis, had held discussions with European Central Bank President Mario Draghi during a private audience held last Saturday.
A bid from a private equity firm for its cash solutions business is being mulled by G4S. Charterhouse Capital Partners LLP is contemplating the bid amounting to GBP1 million or USD1.
Because of findings by gaming authorities as to alleged Russian mob ties, Caesars Entertainment drops Ganesvoort Hotel from its partner-investors listings.
A total of USD13 billion is to be paid out by JPMorgan under the tentative settlement agreement forged with US authorities related to mortgage backed securities.
According to banking sources, the Financial Times said the IPO of UK's Royal Mail was underpriced.