INVESTMENT

iPhone 4S

New iOS 5.0.1 the Ultimate iPhone 4S Battery Life Fix

Apple promised iPhone owners a fix to the iOS 5 battery bug that has been sucking the life out of the faster and fuller phone, but the new iOS 5.0.1 fix comes nothing short of amazing according to a Wired reader.
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Goldman Faces Lawsuits Over $15.8 Billion in Mortgages

Goldman Sachs Group Inc faces lawsuits over $15.8 billion worth of mortgage securities, the bank said in a regulatory filing on Wednesday, a more than 30-fold increase from the amount disclosed three months earlier.
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AngloGold Ashanti Beats 3Q Estimates

AngloGold Ashanti , the world No. 3 gold miner, reported record-breaking quarterly earnings on Wednesday, beating forecasts as bullion's bull run filled its coffers.
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General Growth Properties Earnings up in 3Q on Higher Rent Renewals

General Growth Properties, the large mall operator that exited bankruptcy protection last year, reported core funds from operation (FFO), which measures its ability to generate cash, of $224.2 million, or 23 cents per share, up slightly from FFO of $223.2 million in 2010.
Diamonds

London jeweler Graff plans $1 billion HK IPO

London-based jeweler Graff Diamonds plans to raise about $1 billion in a Hong Kong listing next year, a move that could fund expansion in Asia and capitalize on booming gem prices.
Olympus investment losses may have exceeded $1 billion

Olympus investment losses may have exceeded $1 billion

Losses on securities investments at the core of a scandal rocking Japan's Olympus Corp may have once exceeded $1 billion, the Nikkei newspaper said on Wednesday, as the 92-year-old firm's share price plunged due to doubts about its future.
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Italy Debt Fears Depress European Stocks

European stocks were lower at midday Wednesday as mounting concerns over Italy's debt kept investors on edge, following an early rally sparked by Silvio Berlusconi's pledge to step down as Italy's prime minister.
6 – Paris, France

Bank of France Sees Economy Stalling in Q4

The French economy will stagnate in the last quarter of the year, the Bank of France said on Wednesday, the latest sign it is losing momentum as fiscal austerity and Europe's debt crisis depress private sector activity.
Students walk out of a showroom at the headquarters of Samsung Electronics in Seoul

Samsung Electronics Eyes Record Spending in 2012: Report

Samsung Electronics plans to invest a record 38 trillion won ($33.9 billion) in facilities and R&D next year, a 27 percent jump from an estimated 30 trillion won this year, local media reported on Wednesday, citing Samsung and industry officials.
A man talks on the phone inside the office complex where MF Global Holdings Ltd have an office on 52nd Street in midtown Manhattan New York

Chicago's Harris Bank Plays Role in MF Global Mess

The hunt for the missing $600 million in customer money at MF Global Holdings Ltd may begin with Harris Bank, a Chicago-based lender that often holds client money for many large futures brokerage firms.
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Kenya shilling gains ground, stocks slide

The Kenyan shilling gained against the dollar on Tuesday aided largely by banks selling greenbacks as high interest rates squeezed shillings out of the market, while stocks edged lower in thin volumes.
Gold bullion from American Precious Metals Exchange

Gold Tops $1,800 as Italy's Govt Teeters

Gold rose above $1,800 an ounce on Tuesday for the first time in over a month, fueled by worries that a teetering government in euro zone's third largest economy Italy would deepen the region's debt crisis.

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