Microsoft-CrowdStrilke outage: Why were all computers not affected?The recent Microsoft outage, which disrupted services worldwide including Microsoft 365, was primarily caused by a conflict between Microso...
20 Jul, 2024, 11.38 AM IST
Deutsche Bank to pay $75 mn in Epstein victim settlement: reportEpstein, an American financier who killed himself in 2019 while awaiting trial for sex crimes, began banking with Deutsche Bank in 2013 aft...
18 May, 2023, 09.11 AM IST
New woes for SoftBank's Son: Wirecard may go the WeWork wayAs Wirecard drama unfolds, it may well turn into this year's WeWork, another PR disaster for Son.
02 Jul, 2020, 12.14 PM IST
How this German bank accidentally transferred $5.4 billion to four other banksThe incident is a repeat of an ill-timed payment of 300 mn euros KfW made to Lehman Brothers in September 2008, on the day the US firm file...
25 Mar, 2017, 07.30 PM IST
World economy in worst shape in two years, euro area deteriorating: SurveyInflation was 1.4% in the US in September, as measured by the personal-consumption expenditures price index that the Federal Reserve prefer...
17 Nov, 2014, 09.06 AM IST
- India's youngest sarpanch, MBA Chavvi Rajawat makes her village Soda India's 1st IT-enabled one
Rajawat, who represented India at a recent UN poverty summit, says she sees computerization lifting the veil of illiteracy from her village.
02 Sep, 2011, 06.32 PM IST
- Morgan Stanley cuts global growth forecast, blames "insufficient" policy
Morgan Stanley cut its estimate for growth in the Group of 10 nations to 1.5% this year and next, down from previous forecasts of 1.9% in 2...
22 Aug, 2011, 12.01 PM IST
- Recession 2011: US economy is much stronger than eurozone right now, says Glenn Maguire, Economist
Glenn Maguire, Independent Economist in an interview with ET Now talks about the likelihood of a US downgrade by other rating agencies and ...
08 Aug, 2011, 12.46 PM IST
- Dollar slump over, say currency forecasters
The best currency forecasters say the dollar's 13% slide over the past year is coming to an end as Europe’s deepening debt crisis discourag...
12 Jul, 2011, 04.53 PM IST
- Highest yields on German short-term bonds boost euro
The highest yields on German short-term bonds in two years relative to Treasuries are boosting the euro, easing pressure on Chancellor Ange...
08 Feb, 2011, 04.59 AM IST
- Hungary's tough new laws worry other EU countries
Insiders, meanwhile, say that senior officials of the European Commission - the EU government - are extremely displeased both with Orban's ...
29 Dec, 2010, 09.06 PM IST
- Worst is not yet over for euro, say top analysts
The most accurate foreign-exchange forecaster says the euro will continue to weaken and may approach parity with dollar. Gainers & losers |...
07 Jul, 2010, 03.04 AM IST
- Greece should consider insolvency if cannot pay debt: German central banker
Greece should be prepared to declare itself insolvent if it cannot repay its debts, a director of the German central bank said in remarks p...
19 Mar, 2010, 04.33 PM IST
- Global recession fears deepend after lackluster G20
Global economic crisis deepened on Monday when Japan became the latest major country to fall into recession after a Washington summit offer...
17 Nov, 2008, 02.25 PM IST
- German bankers told to pay for their mistakes
Former executives at a German bank have been told to pay back millions of euros (dollars) in bonuses earned before the bank had to be rescu...
23 Oct, 2008, 07.37 PM IST
- Fortis admits strategic errors, after Benelux bailout
Troubled financial group Fortis admitted that past errors had triggered the crisis that required the Benelux nations to hammer out a 11.2-b...
29 Sep, 2008, 05.19 PM IST
- German bank in Lehman embarrassment
The German government demanded a swift explanation Wednesday of an apparent technical mistake that led a state-owned development bank to tr...
18 Sep, 2008, 01.43 AM IST