Credit Suisse has purchased the wealth management arm of Morgan Stanley. Morgan Stanley's wealth management subsidiary is being bought out by Credit Suisse.

Petrobras, in line with the goal of making Brazil energy self sufficient, is selling of its stakes in Agbami and Akpo projects.

H.J. Heinz says that it is planning to host a shareholder meeting to allow investors the time to think about your house and expenses.

American Realty said it has decided to increase its bid offer for Cole Credit Property Trust III after the latter's rejection of the first offer.

Merlin Entertainments Group is aiming for IPO either in New York or London through share sale. Merlin Entertainments Group is in talks with potential investors for its plan to sell shares by going public in either London or New York, the company's chief executive Nick Varney disclosed to Reuters.

Tanghan Steel has signed a deal with Duferco International Trading Holding to buy 10% stake in the latter as China seeks more steel export.

Credit Suisse will be acquiring the wealth management of Morgan Stanley in Africa, Europe and the Middle East

The planned merger of UK's Pearson's Penguin and Germany's Bertelsmann's Random House unit is expected to receive approval from the European Union

UK's Financial Services Authority (FSA) has fined Prudential 30 million pounds for hiding its attempt to buy Asian rival AIA three years ago.

EADS plans to prevent the planned buyback that is hampering its future growth and capital spending. European aerospace group EADS has made a pledge that it will prevent a supposed share buyback hurting capital spending, dividends and future growth as its shareholders planned to make a vote on proposals to purchase again up to 15% of the company stock.