5. September 15, 2011

Rouge trading hit one of Europe’s biggest banks, UBS, costing it up to $2 billion, which almost blow its reputation. This scandalous news pushed down its share by 10.8 percent. Director Kweku Adoboli was held responsible for this and eventually arrested. Sergio Ermotti is the new CEO of UBS.

6. October 5, 2011

World lost a genius and a visionary icon, Steven P Jobs. The Inc Chairman and Co-founder of Apple, who brought a revolution in the tech world of personal computer industry died out of Pancreatic Cancer.

February 29, 2012

Apple's market capitalization soared over $500 billion in trade. Today Apple stands at a market value of $546 billion, with around 63,300 employees.

7. November 6, 2011

Greek PM, George Papandreou, agreed to step down from power amidst crippling debt crisis. He is succeeded by Lucas Papademos, Vice president of the European Central Bank. This was a sign that the country was deep in trouble.