A recent quarterly report released by Air France-KLM showed that the Franco-Dutch airline had written off the value of its 25% ownership stake in Italian carrier Alitalia.

Food packaging company Crown Holdings Inc acquired Spanish food-can maker Mivisa Envases for EUR1.20 billion or USD1.65 billion.

Founders James Russell DeLeon and Ruth Parasol DeLeon would be exiting from bwin.party digital Entertainment should their online gaming license application would be approved.

Global stocks went down slightly after the US Federal Reserve provided a dim US economy Global stocks took a small hit on Thursday after the US Federal Reserve wagered an outlook of the state of the U.

The Euros consistent climbed has encouraged currency repatriation in Europe. The Euro gained traction and reached a two-year high against the US dollar this month, according to a report by Bloomberg.

Banking regulator banking asked the European Central bank for details on what qualifies as debt. Bafin, Germany's banking regulator, wants the European Central Bank (ECB) to provide more information about the type of debts lenders would qualify for, according to a report by Bloomberg.

Significant drops in stocks took place in Asia after the U.S. Federal Reserve Board pared economic stimulus.

Central banks of the Group of Seven nations made permanent a cash crisis mechanism to avoid financial pitfalls.

Investment banks Citigroup Inc. and JPMorgan Chase & Co. put their top London currency dealers after regulatory probe.

Sony Corp cuts yearly forecast amid losses incurred. Giant Japanese electronic exporter Sony Corp. cut its annual profit forecast, according to a report by Bloomberg.