COMPANIES

US and European prosecutors are close to individual traders at banks for colluding to manipulate key global lending rates, says a Reuters report.

Murdoch steps down from boards of UK newspapers after leadership called into question by phone hacking scandal.

The Heineken offer is expected to invite counter-bids from rivals in the beer industry.

Market sources tell IBTimes UK that banks and brokers under investigation for Libor fixing are unlikely to join forces in reaching a settlement.

Locog lawyers find 'no infringements' of Olympics branding by Middletons' party accessories site

CloudOn announces launching its free productivity app for iPad and Android in 60 more countries

Microsoft woke up this morning to headlines saying they had announced the first quarterly loss in its history.

Vodafone's strong performance in emerging markets was weighed down by weak demand in European countries.

Loss mainly on account of a multi-billion write-off on the value of its unprofitable online advertising business Aquantive.

Bank of England instruct law firm Freshfields Bruckhaus Deringer to advise on issues related to rate-fixing scandal.

Newscorp Investors unhappy with the scandal surrounding the company have decided to vote with their feet. They sent a co-signed letter to the 80 year old mogul asking him to resign.

After Barclays became the first bank to settle with US and UK regulators for a record fine for its conviction of manipulating Libor, global officials have called into question the way global interbank lending rates and submitted, calculated and monit

Apple has been ordered by a UK court to publicly acknowledge, both online and in print that Samsung did not copy iPad.

The European Commission demanded it, and now Lloyds Banking Group has had to comply. It’s having to sell 632 branches of Lloyds TSB and Cheltenham and Gloucester to the Co-operative Banking Group.

Event sees fans thronging to exhibit their talent at some of the popular panels such as Breaking Bad, True Blood, Game of Thrones and Twilight.

Mass Effect fans are in for more good news, as BioWare proposes to focus its future single-player DLCs solely on Shepard.

Credit Suisse reveals plan of attack on cutting costs and boosting capital in its second quarter 2012 earnings report.

Japan's deputy banking minister Ikko Nakatsuka urges country's biggest brokerage to 'clean its wounds' following investigation into trader tip-offs.

David Bagley tells Senate committee he will quit over drugs, Iran and terror links that threatens HSBC charter in US.

Bank of England governor Mervyn King dodges crucial questions from the Treasury Select Committee on his role in libor affair.

Senior HSBC executives will appear before the US Senate on Tuesday, in response to a report claiming that lax monitoring exposed to the bank to money laundering

BoE's most senior officials testify before Treasury select committee about level of management in Barclays' Libor fixing scandal.

Nick Buckles, the chief executive of security firm G4S, is set to face MP’s today over the company’s failure to provide enough security staff for the Olympic Games.

HSBC Bank has been allowing money laundering to happen right under its nose, according to a scathing report by the US Senate. Money suspected to come from drugs and terrorism deals.

Ex-Barclays COO Jerry Del Missier tells the Treasury Select Committee that instructions he took to lower Libor rates was not significant during the time of October 2008 and emphasises the Bank of England’s role in the scandal.

In all likelihood, it seems Mass Effect 3 (ME3) could be the final part of the critically acclaimed trilogy, featuring Commander Shepard as the protagonist. All is not lost for the die-hard fans, as BioWare has promised to keep them hooked to the franchise with a flurry of single-player and multi-player DLCs for ME3 in the near future.

Treasury Select Committee testimony by bank's chief operating officer and senior FSA officials could shed light on scam.

London Olympics and Paralympics shaping up to be first truly 'digital Olympics' as media outlets, social media and companies step up coverage.

US states New York and Connecticut launched a probe into the possible manipulation of the London interbank offered rate (Libor) by several global banks, over six months ago