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Aberdeen Asset Management has continued its acquisition spree with the purchase of Arden Asset Management, a hedge fund provider.

The move has reduced the Government’s stake in the group from 78.3% to around 72.9% and the £2.1 billion raised will be used to pay down Britain’s national debt. It was reported that the Treasury sold the shares for 330 pence each which was 2.3 percent lower than...

Standard & Poor’s later revised its outlook on Fiat Chrysler to “positive” from “stable”, and reaffirmed the company’s “BB-” credit rating.

New orders for manufactured goods increased 1.8 percent to $478.5 billion, following a 1.1 percent decrease in May.

DirecTV and U-Verse customers can receive a $300 bill credit when they switch to AT&T wireless service from another wireless provider. In addition to the TV service, you’ll be able to access your DirecTV service through an app on compatible smartphones. “For...

Yet their collective endorsement does little to disguise the bald facts of Tuesday morning’s share sale: the taxpayer has lost more than £1bn on the sale of a 5.4% stake in RBS to institutional investors.

Apple are expected to unveiled their new iPhone 6S and 6S Plus smartphones some time in September, there is also a possibility that we may see a new Apple TV and the iPad Pro at the same event. Originally spotted by Nowhereelse, the components appear to be just slightly different...

CEO Marcelo Claure, who joined Sprint about a year ago, has introduced many changes in the organization in the past few months with an aim to turn around the dwindling performance of the company. Analysts predicted $8.33 billion.

The Commerce Department says factory orders advanced 1.8 percent in the month. Tepid global demand also has weighed on manufacturing, which accounts for about 12 percent of the domestic economy.

UK Financial Investments, the body that holds the government’s RBS stake, said it would sell about 600 million shares, representing 5.2 per cent of the bank, in a quick-fire sale to institutional investors after the market closed.

In the previous week to July 26, the two countries had seven confirmed cases, which was the lowest in the past year up until then, according to the WHO. “So they have got almost 600 people quarantined around a single case”, Aylward said, pointing to “massive...

The choice of Michael Evans, who has been an independent director on the company’s board since last year, underlines the close links between the Wall Street financial elite and Alibaba, which launched an initial public offering in New York last September for a record $25bn.

Although Britain raised $3.3 billion (£2.1 billion) through the overnight sale of shares, critics have said that the government’s decision to sell the shares for a third less than what the taxpayer paid for them on average has ultimately ripped off the public.

Acer has a couple of new devices up its sleeve. The Cloudbook 11 will only come with either 16GB or 32GB of storage, however the Cloudbook 14 will be available with twice that. 32GB models and “select 64GB SKUs” include 1TB of OneDrive storage and a Office 365...

Russia’s Foreign Ministry on Tuesday submitted the renewed claim to the United Nations for an additional 1.2 million square kilometers (463,000 square miles) of the Arctic continental shelf. Rivalry for Arctic resources has intensified as shrinking polar ice is opening new...