Business

Five former employees of Bernard L. Madoff presented a video evidence to court today to convince the jury that their ex-boss had conned them into helping him operate his $17 billion Ponzi scheme.

IPCom has been pursuing mobile phone companies, Apple, Vodafone Group Plc, Ericsson AB, Nokia Oyj and HTC Corp for licensing rights of its patent "100A," the technology used in mobile networks whenever more than one call has been placed at a single time.

Bank of England's Prudential Regulation Authority Chief Executive Officer Andrew Bailey denied allegations regarding the central bank condoning the practice of traders sharing impending customers via chat rooms, said a Bloomberg report.