Bill Gates tops Forbes rich list with $79.2 billion and basketball great Michael Jordan joins billionaires club.
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Category Archives: Business
The tech challenges facing automakers
(BVO) – The Volkswagen Passat is Europe’s new car of the year.
Unveiled at the Geneva International Motor Show, the award is the Oscars for the world’s automakers.
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Tougher Internet rules hit US cable, telecom companies
U.S. regulators impose the toughest rules yet on Internet service providers, aiming to ensure fair treatment of all web traffic through their networks.
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Satirical newspaper Charlie Hebdo unveils new front page
“Here we go again!” reads the new Charlie Hebdo cover by attack survivor Luz, as 2.5 million copies are about to hit Paris news stands on Wednesday.
Burberry goes live online
(Reuters Business Report) – Britain’s Burberry brings London Fashion Week even closer to home.
For the first time its catwalk show has been broadcast live to the world via the internet.
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How many times can HSBC say sorry?
(BVO) – Can it get any worse for HSBC? On this evidence probably not.
Europe’s biggest bank reporting a 17 percent drop in annual profit as a tax evasion scandal at its private banking business in Switzerland continues to deepen.
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Property tax fears fuel UK rental rise
(Reuters Business Report) – A smart family home in the heart of London.
It would cost several million pounds to buy.
But this one’s not for sale.
It’s one of a select number of multi-million pound homes up for rent.
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Struggling Zimbabweans place their bets on chance
With the Zimbabwe economy in a continued spiral and the unemployment rate at above 80 percent a new craze of making money has emerged with betting and punting taking centre stage. Hundreds if not thousands of mostly males of various age groups are now taking to betting on sports especially football and horse racing in the fight to make a living.
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Lance Armstrong Loses $10 Million Lawsuit
Lance Armstrong ordered to pay $10M over “unparalleled pageant of international perjury, fraud & conspiracy”
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LG Electronics takes fight with Samsung over washer damage to YouTube
Footage from surveillance cameras show South Korea’s LG Electronics executive Jo Seong-jin , who has been indicted on a charge of damaging washing machines of Samsung Electronics, touring a Samsung exhibit at a shop in Berlin.
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