Archive for category: Financial and Business

IMF Hit with Major Hacker Breach

IMF Hit with Major Hacker Breach

/ June 13, 2011 8:41 am

The International Monetary Fund (IMF) has revealed that it was hit with a serious cyber attack that resulted in some systems being compromised and used to get internal data. Experts say that the source appeared to be a ‘nation state’ […]

Google Now Being Threaten by China Over Hacking Rumors

Google Now Being Threaten by China Over Hacking Rumors

/ June 7, 2011 11:15 am

Everyone knows that China and Google have never been the best of friends. The two have just never been able to see eye-to-eye. Well just recently Google claimed that China had attempt to steal email passwords for hundreds of email […]

Tesco Reforms Executive Pay Schemes

Tesco Reforms Executive Pay Schemes

/ June 1, 2011 8:38 am

Tesco, the supermarket giant, has cut the base salary target for its chief executive by 23%, as well as done away with its share-option program for members on the executive board. This comes as the retailer’s directors push to address […]

Google Expects The Online Advertising Market to Continue to Grow

Google Expects The Online Advertising Market to Continue to Grow

/ May 24, 2011 11:23 am

According to reports, Google has no doubt that online advertising is here to stay. Not only is it here to stay, but it is going to continue to grow. The vice president of display advertising at Google, Neal Mohan, says […]

UK Inflation Rises to 4.5% after Bank Holidays

UK Inflation Rises to 4.5% after Bank Holidays

/ May 18, 2011 9:28 am

In April, UK inflation hit the highest rate seen in 2-and-a-half years, according to the Office for National Statistics (ONS). This led Bank of England governor Mervyn King to write to Chancellor George Osborne to explain why the figure is […]

Judge Denies Bail for IMF Chief Strauss-Kahn in Sexual Assault Case

Judge Denies Bail for IMF Chief Strauss-Kahn in Sexual Assault Case

/ May 17, 2011 8:57 am

A New York court has remanded International Monetary Fund (IMF) managing director Dominique Strauss-Kahn in custody without bail on sexual assault charges. He was arrested on Saturday after getting on a plane and was accused of trying to rape a […]

Royal Wedding Holiday to Cost UK Economy Billions

Royal Wedding Holiday to Cost UK Economy Billions

/ April 29, 2011 9:57 am

According to the Confederation of British Industry (CBI), the rise in tourist trade and memorabilia sold for the royal wedding of Prince William and Kate Middleton isn’t likely to give the UK the economic boost that the government has hoped […]

UK Retailers Trying to Lure People in With 3DS Price Drops

UK Retailers Trying to Lure People in With 3DS Price Drops

/ April 22, 2011 8:02 am

Nintendo just recently released their Nintendo 3DS hand held. So far, the sales of the system have been very well. In fact, reports show that this is the fastest selling Nintendo system to date, even outselling the super popular Nintendo […]

Sony Announces Price Cuts for the PSP But Not for the UK

Sony Announces Price Cuts for the PSP But Not for the UK

/ April 12, 2011 10:49 am

Great news for anyone that still wants to get a PSP. Due to the fact that Sony will soon be putting out a new portable system, the company has already did a nice price cut to its current hand held, […]

Vince Cable Warns Universities of Trouble for Overcharging

Vince Cable Warns Universities of Trouble for Overcharging

/ April 7, 2011 10:10 am

Vince Cable, the business secretary has given universities a warning about charging high fees. He says that these universities will face cuts in places if they don’t offer good value to students. In a speech to vice-chancellors, he said that […]

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