ING Group announced its exit from its EUR24 billion or USD33 billion mortgage securities portfolio. Dutch financial services firm ING Group announced on Friday that would it be exiting from a series of US mortgage-backed securities.
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Lululemon Athletica receives more customer complaints- report
Customers had again complained about the quality of Lululemon Athletica Inc's yoga pants, according to a report
Food stamp reduction to affect 47 million beneficiaries
An estimated 47 million Americans would be hit by the reduction in food stamp benefits, according to a report.
Banks expecting ECB rate cut
More than seven banks are changing projecting that the European Central Bank would cut its interest rates after its meeting this November.
Morgan Stanley establishes fund to improve affordable housing
Morgan Stanley, in the wake of outrage from bailouts in the last crisis, is seeking investments that provide long term social benefits for the community.
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Royal Bank of Scotland revealed its company strategies on Friday to return over GBP45 billion it received from the British government as bailout money.
New investor Sequoia Capital and other existing investors had backed Berlin-based 6Wunderkinder's USD30 million Series B funding round.
Industry analysts said that AT&T's consideration on acquiring a European asset like Vodafone Group was the next logical step for the US mobile operator.
French food group Danone and Russian firm Damate had yet to agree on the size of the investments to be made for the construction of new dairy farms to direct supply Danone's dairy factories.
The US Federal Trade Commission (FTC) had given its approval for the planned consolidation of office supply retailers and rivals Office Depot Inc and OfficeMax Inc.
Circle Internet Financial's USD9 million Series A investment would be the biggest funding received by a digital currency startup.
Multicategory retailer Nomorerack's Series B investment round was led by Oak Investment Partners and HTV Industries.
A Reuters report cited two sources who said that hotel operator Hilton Worldwide Inc would be launching its IPO sometime the first week of December.
OGX would be parting its 67% stake in OGX Maranhão Petróleo e Gas SA in a multistep deal for BRL344 million or USD156 million.
