Nikhil Kumar is The Independent's New York correspondent. He was formerly assistant editor on the foreign desk and has also done a variety of jobs on the city desk, where he wrote about markets, commodities and other business and economics topics.
25 November 2013 08:57 PM
The tech giant has acquired PrimeSense, a start-up specialising in the kind of 3D motion technology used in Microsoft’s Xbox
25 November 2013 12:00 AM
24 November 2013 02:18 PM
‘He was a drug addict. Michael Jackson accidentally killed Michael Jackson,’ the convicted cardiologist claims
05 November 2013 01:04 AM
Enthusiasm among investors eager for a slice of the hottest new tech IPO led Twitter to raise the price range of its shares by a heady 25 per cent ahead of its debut on the public markets this week.
05 November 2013 12:50 AM
BlackBerry, the troubled Canadian mobile phone maker, has abandoned plans to sell itself to its largest shareholder and announced the departure of its chief executive as it adopts a new strategy to revive its business.
04 November 2013 06:58 PM
The dramatic fall from grace of what was once among Wall Street’s most powerful hedge funds was sealed on Monday after SAC Capital, founded by the billionaire investor and art collector Steve Cohen, agreed to plead guilty and pay fines totalling $1.8bn to resolve charges stemming from a rare insider trading case brought by US prosecutors.
03 November 2013 11:50 PM
A major Wall Street success story is expected to come an end this week when SAC Capital, the hedge fund giant founded by the billionaire trader Steve Cohen, seals a settlement with US prosecutors who earlier this year slapped the business with a rare criminal case.
02 November 2013 12:00 AM
A number of traders at Barclays and the Royal Bank of Scotland have been suspended amid a growing investigation into allegations of possible manipulation of the $5.3trn (£3.3trn) a day foreign currency market.
01 November 2013 12:32 AM
JPMorgan's top, London-based currency dealer has been put on leave against the backdrop of regulatory inquires involving a number of large banks over allegations of possible manipulation of the foreign-exchange market.
01 November 2013 12:00 AM
Barclays and the Royal Bank of Scotland are among nine banks being sued by the US mortgage market giant Fannie Mae over the alleged manipulation of the benchmark Libor interest rate.
Ukip supporters are 55 or older, white and socially conservative, finds British Social Attitudes Report
Street preacher quoting from the Bible fined for calling homosexuality an 'abomination'
Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
The West has it totally wrong on Lee Kuan Yew
David Cameron calls Labour 'hopeless, sneering socialists' while announcing 7-day NHS plans
Revealed: Putin's army of pro-Kremlin bloggers
- 1 Tidal launch: The most pretentious lines from Alicia Keys' valedictory speech
- 3 Katie Hopkins attacked me on Twitter — so I reported her to the police for inciting racial hatred
- 4 Tidal: Jay Z's Spotify rival streaming service criticised for making wealthy artists even richer
- 5 Brixton squat flats now costing up to £3k per month show how out of control rent is in London