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Special Device Help Prevent Suddent Infant Death

Special Device Help Prevent Suddent Infant Death

Researchers from Germany's Fraunhofer Institute for Reliability and Microintegration IZM in Berlin has developed a new breathing sensor system that help prevent Sudden Infant Death Syndrome (SIDS). This syst...

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University Installs Grass Lawn in School Library

University Installs Grass Lawn in School Library

Cornell University has built a grass lawn inside their school library as a part of a project of their institution's Department of Design and Environmental Analysis. The department is currently conducting a r...

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Wash Your Clothes in a Portable Washing Machine [Video]

Wash Your Clothes in a Portable Washing Machine [Video]

Meet, the Scrubba, a portable washing machine, in form of a bag. This wash bag, allows people to do their laundry, on-the-go. The Scrubba is a lightweight, foldable bag that features small nodules to help sc...

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Fart-Deodorizing Underwear Sold in Japan

Fart-Deodorizing Underwear Sold in Japan

Thanks to Japan's new invention, the Deoest underwear, extreme farters can now release their foul smelling gas and prevent people near them from fainting. It is a fart-deodorizing underwear, created by Profe...

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London Stock Exchange Increases its Revenue to 14%

Written on July 20, 2011 by Lulu

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London Stock Exchange is becoming a takeover target, as its bid to a Canadian rival didn't go well.

Since its bid for a Canadian rival collapsed, the London Stock Exchange is seen as a takeover target. It reported a 14% rise in its first quarter revenue, as its smaller post-trade unit outpaced a steady performance in its core trading business.

The U.K. exchange said on Wednesday that revenue for its financial first quarter increased to 190.2 million pounds or $307 million. Revenue in its main markets unit was up from 4% to 79.7 million pounds, as an increase in bond trading linked to the European sovereign debt crisis and more IPOs made up for sluggish trading in equities and futures. While LSE’s smaller post trade unit showed 58% rise to 51.8 million pounds, and data services increased by 6% to 44.7 million.

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