UK’s Financial Conduct Authority drop inquiry into culture of banking

Thursday, December 31, 2015 The Financial Conduct Authority, one of Britain’s banking sector regulators, indicated it has decided to drop an inquiry into banking culture, including practices and payment of banking staff. The inquiry was intended to review “whether culture change programmes in retail and wholesale banks are driving the right behaviour, in particular focusing […]

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Romanian Prime Minister resigns after nightclub fire

Thursday, November 5, 2015 In the aftermath of a deadly nightclub fire in Romania last week, yesterday Prime Minister of Romania Victor Ponta announced his resignation, stating “I’m handing in my mandate, I’m resigning, and implicitly my government too”. I’m handing in my mandate, I’m resigning, and implicitly my government too The announcement came after […]

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Nokia files lawsuit against Apple

Friday, October 30, 2009 Mobile phone and computer manufacturer Nokia is filing a lawsuit against Apple over patent infringements. The infringements include speech coding, wireless data, security and encryption technology Nokia claims is used in Apple iPhones. According to a Nokia press release, 40 other companies are paying royalties to them in return for the […]

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Seeds placed in Norwegian vault as agricultural ‘insurance policy’

Wednesday, February 27, 2008 The Svalbard Global Seed Vault, a vault containing millions of seeds from all over the world, saw its first deposits on Tuesday. Located 800 kilometers from the North Pole on the Norwegian island of Spitsbergen, the vault has been referred to by European Commission president José Manuel Barroso as a “frozen […]

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