HSBC is selling its $30 billion U.S. credit card arm to Capital One Financial Corp for a premium of $2.6 billion, as Europe's top bank streamlines its mammoth operations by getting rid of unwanted businesses.
IBT Staff Reporter
Aug 10, 2011
HSBC Holdings plc has agreed to sell its U.S. credit card and retail services unit to Capital One Financial Corp for a premium of about $2.6 billion, as Europe's top bank streamlines its mammoth operations by shedding non-core businesses.
IBT Staff Reporter
Aug 10, 2011
Six years ago, his Self-Defense party gained 11 percent of the vote in general elections, with Lepper coming in third in the presidential poll.
Palash Ghosh
Aug 06, 2011
A tour bus crash in Upstate New York has left 28 people injured, four seriously, in the third such incident in less than three week's time.
Mark Johanson
Aug 04, 2011
Market cheers job cuts, streamlining.
Palash Ghosh
Aug 01, 2011
Collated medallists after the eighth day of pool competition on day 16 of the world swimming championships in Shanghai on Sunday (* indicates medal winners on Sunday):
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Aug 01, 2011
HSBC Holdings Plc (HSBA.L) should unveil a half-year profit of near $11 billion on Monday, flat from a year earlier as weak investment bank trading and wobbly U.S. and European economies offset growth in Asia.
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Jul 31, 2011
German Finance Minister Wolfgang Schaeuble denied on Saturday that this month's Greek bailout deal paves the way for a future 'transfer union' in which euro zone countries are liable for each others' debts.
IBT Staff Reporter
Jul 30, 2011
Bogdan Klich quit after the report placed mcuh of the culpability for the disaster on inadequate pilot training.
Palash Ghosh
Jul 29, 2011
Former Smiths frontman alienates yet again
Ellen Killoran
Jul 28, 2011
Anders Breivik knows the end date of his civil war against Islam in Europe.
Daniel Tovrov
Jul 27, 2011
Fund managers are weighing up their defensive investment options as a litany of poor economic indicators from the UK, Europe and the United States hammers home fears another global recession is on its way.
IBT Staff Reporter
Jul 27, 2011
Both Fabianski and Szczesny have established themselves in the club.
Prarthito Maity
Jul 27, 2011
A Polish company sold chemical fertilizer to Norwegian bomber and gunman Anders Behring Breivik but the transaction was entirely legal and police have made no arrests, the Polish internal security agency said Monday.
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Jul 25, 2011
Given the very bullish sentiment heading into earnings, FBR Capital Markets said it is not surprised by the pullback in shares of Core Laboratories N.V. (NYSE: CLB) following the company's second quarter earnings release.
Balasubramanyam Seshan
Jul 25, 2011
Retired Army Gen. and former Chairman of US Joint Chiefs of Staff, John Shalikashvili, died on Saturday from complications of a stroke reports Reuters.
IBT Staff Reporter
Jul 24, 2011
The Harvard School of Public Health and Alzheimer Europe conducted a telephone survey of 2,678 people who were at least 18 years of age across the U.S. and Europe, and they found that about 25 percent of responders feared getting the disease.
Laura Matthews
Jul 23, 2011
Australian researchers report that they are stepping closure in their long-sought goal: a blood test for the early detection of the Alzheimer’s disease among the people.
Ankita Mehta
Jul 22, 2011
More than 85 percent of those who responded said they would see a doctor if they experienced any symptoms of memory loss.
Laura Matthews
Jul 21, 2011
Alzheimer's disease, a form of dementia that becomes progressively worse over time, is the second-most feared disease, said U.S. and European researches Wednesday. The most feared disease?
IBT Staff Reporter
Jul 20, 2011
Google Maps now has come up with live traffic info in 13 additional European countries: Austria, Belgium, Czech Republic, Denmark, Germany, Ireland, Israel, Luxembourg, Netherlands, Poland, Slovakia, Spain and Switzerland.
IBT Staff Reporter
Jul 15, 2011
For those of us who can't afford the first-class lounge, here's a list of budget airlines that won't break the bank.
IBT Staff Reporter
Jul 13, 2011