May 20, 2013

Financial - News


Apple’s Embedded SIM card-Europian carriers go on “war”

Apple Embedded sim Image

While Apple hasn’t officially announced intentions to use an embedded SIM in its iPhone, some European carriers are already such a move could put too much control in Apple’s hands. Apple recently started working with the wireless security company Gemalto, whose programmable over the air SIM card solutions are used in big pilot projects for [...]

Clearwire Losing its Grip on U.S Wimax

Clearwire WiMax logo

Its two years since Clearwire launched its WiMAX network in Portland, Ore., in January 2009 and became the first major operator in the United States to offer next-generation mobile broadband services. It was the first provider of 4G wireless service in Delaware, and now it’s on shaky economic ground. Clearwire and its majority shareholder, Sprint [...]

Aston Martin Launches New Financial Services to Ease Ownership

aston martin financial services

Aston Martin Financial Services has developed a range of individually tailored finance packages with the help of Alphera Financial Services. The new range of specialised finance packages has been designed to make Aston Martin ownership affordable across monthly repayments. “Aston Martin is pleased to announce the launch of Aston Martin Financial Services; a range of [...]

Goldman Sachs to Pay $27 Million Fine to Financial Services Authority of UK

Goldman Sachs

Goldman Sachs Group agreed to pay a fine of nearly $27 Million to the United Kingdom’s Financial Services Authority and concede that the company made a mistake in regulatory disclosures about trader Fabrice Tourre, according to people familiar with the situation. The fine (one of the biggest ever imposed in Britain) was related to Goldman’s [...]

European Central Bank (ECB) Remains its Interest Rates Unchanged at 1% for the 16th month‎

european central bank

The European Central Bank has kept interest rates at 1 percent for the 16th consecutive month as a still-uncertain global outlook clouds optimism about the eurozone’s recovery. The ECB’s decision Thursday to leave its benchmark refinancing rate at a record low, where it has stood since May 2009, was widely expected. The ECB’s Governing Council [...]