In a news report in the Italian daily Il Messagero, a letter from Air France CFO criticized Alitalia for the lack of information regarding key decisions made on their joint venture where it owns 25%.
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SBI invests in Equifax
Equifax Credit Information Services would receive an undisclosed amount from SBI as an investment. Equifax Credit Information Services, the India-based credit information bureau, announced that State Bank of India would be making an investment in the company.
Air Serbia launched and expansion plans to come after profitability
If the new airline becomes profitable, expansion through acquisition of other airlines in the European countries would be next on the agenda for Air Serbia, according to Deputy Prime Minister Aleksandar Vucic.
Dongfeng wavering on PSA Peugeot Citroen investment
Despite saying the deal is finalized, a Dongfeng executive said it may take a bit more time before its completion.
Allegations of raclal profiling hound Macy's and Barneys
Several people have come forward claiming racial profiling after purchase of luxury goods from stores resulted in detention by NYPD upon complaint by high end retail stores.
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India Infoline, in response to market movement away from equities, is closing down its retail brokerage division.
SAP CFO Werner Brandt squashed rumors of SAP's interest in BlackBerry through an interview with Euro am Sonntag.
The purpose of Mitsubishi Motors Corp's public share offer is to pay back shareholders through the buyback of preferred shares.
In a filing with the US Supreme Court, Argentina seek stay of payment order issued by lower court. The Argentine government had filed an urgent motion in US Appeals Court last Friday to stay the hold order requiring the government to pay USD1.
Obama, in a fundraising speech, said that the differences between Democrats and Republicans were exemplified in the recent budget impasse.
The current freeze order for domestic IPOs in China forced lender Huishang Bank Corp to list its IPO in Hong Kong's index.
The highest fine was imposed upon United Continental as thirteen flights went beyond the three hour tarmac rule at O'Hare International Airport last July 13, 2012.
Japan Exchange fell after expectations were unmet as major stocks pulled down the market. The biggest decline was registered with Asian stocks since August after the forecasts Canon Inc to Japan Exchange Group Inc had frustrated investors at the same time money market rates had urged in the second largest economy in the world.
The US Justice Department scored a major win when a New York federal jury found the Countrywide unit of Bank of America guilty for mortgage fraud.
