Software maker SAP on Saturday said it would be reducing the development capacity of Business By Design, a software product targeted to small and mid-sized business customers.

Artworks of British renegade graffiti artist Banksy became popular overnight in New York as city authorities had tried in vain to catch him for vandalism charges.

Twitter's major stakeholders would benefit from the initial public offering should the social media company's debut would succeed.

Yahoo decided to keep more of its stake in Alibaba after the latter would go public. Yahoo amended its planned share sale of its holdings in the Alibaba Group and decided to keep a larger stake of the Chinese e-commerce firm.

Rivalry between Google Inc and Facebook Inc seemed to have thawed after the former announced its partnership with the latter on aiding clients to purchase ad inventory.

Chancellor of the Exchequer George Osborne is planning whether toxic assets of RBS would be put into a bad bank.

Investors welcomed Yahoo's plans to sell fewer shares when Alibaba goes public. News of Yahoo Inc's plans to retain a larger stake than what it had originally announced was welcomed by the company's investors.

The US Federal Reserve's Beige Book report reflected a somewhat stable US economy in its first week of the government shutdown.

EBay Inc's fourth quarter earning estimates were in the range of USD0.79 to USD81 per share, lower than analysts' estimates.

The Chairman and two other senior executives of China Solar Energy Holdings Ltd were arrested by Chinese authorities.