Flash crash trader used rapid series of brokers: Documents

Last Updated: Friday, April 24, 2015, 02:37

The UK futures trader blamed for his role in the May 2010 Wall Street flash crash went through a rapid succession of brokerages that cleared his trades on the CME, documents filed in court showed.

Accused ''flash crash'' trader granted bail, fights extradition to US

Last Updated: Thursday, April 23, 2015, 02:14

A British trader accused by US authorities of market manipulation that contributed to the May 2010 Wall Street "flash crash" was granted bail by a London court on Wednesday, after saying he opposed extradition to the United States for a trial.

UK trader sought in US over flash crash due in court on Wednesday

Last Updated: Wednesday, April 22, 2015, 06:43

A futures trader who was arrested in Britain over charges that he helped spark the May 2010 "flash crash" on U.S. financial markets will appear in a London court on Wednesday, British police said.

UK speed trader arrested over role in 2010 US ''flash crash''

Last Updated: Wednesday, April 22, 2015, 00:51

A high-frequency trader was arrested in the United Kingdom over charges he manipulated the futures market and played a role in sparking the May 2010 "flash crash", the US Justice Department said on Tuesday.

Lufthansa, Airbus shares slide on French plane crash

Last Updated: Tuesday, March 24, 2015, 17:49

Shares in German airline Lufthansa and European planemaker Airbus tumbled Tuesday after a Germanwings plane crashed in the French Alps, with all 148 people on board pronounced dead.

Spain`s economy to grow by 2.4% in 2015: PM

Last Updated: Tuesday, February 24, 2015, 18:57

Prime Minister Mariano Rajoy predicted Tuesday that Spain`s economy, the eurozone`s fourth largest, could grow by 2.4 percent in 2015, raising the previous 2.0 percent forecast.

Oil crash to drag on booming Texas economy

Last Updated: Sunday, February 8, 2015, 09:33

Downturn in oil markets is expected to cost mining jobs and have an additional ripple effect on sectors such as retail and hospitality.

Rapidly-growing Asian airlines race to find qualified pilots

Last Updated: Thursday, February 5, 2015, 04:45

The deadly crash of a TransAsia plane into a river in Taiwan is again focusing the world's attention on the safety challenges facing fast-growing Asian airlines.

Amid US oil price crash, cost cutting ripples through industry

Last Updated: Saturday, January 17, 2015, 06:40

Any lingering doubt about the depth of the crisis facing the U.S. energy industry is quickly evaporating as even the biggest firms slash spending amid the steepest oil price crash since the recession, sending ripples across the vast sector.

Soon, mandatory crash test norms for passenger cars

Last Updated: Monday, December 1, 2014, 20:34

"The government is planning to mandate the offset frontal crash test and side impact crash test norms for passenger cars," Minister of State for Road Transport and Highways Pon Radhakrishnan informed the Rajya Sabha Monday.

If Govt asks, Maruti ready to change safety features: R S Kalsi

Last Updated: Friday, November 28, 2014, 18:01

After Maruti Suzuki's popular hatchback Swift failed the recent Global NCAP crash test, the company on Friday said it is ready to upgrade safety standards if asked to do so by the government.

'Popular small cars Alto, i10, Ford Figo fail crash test'

Last Updated: Friday, January 31, 2014, 15:21

Some of the most popular small cars sold in India, including Maruti Alto 800, Tata Nano, Ford Figo, Hyundai i10 and Volkswagen Polo, have failed crash tests showing high risk of life-threatening injuries in road accidents.