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Wal-Mart reveals 2016 China e-commerce plans

Wal-Mart said in its press conference that it would be focusing more on its e-commerce business to curtail effects of China's slowing retail market.


Branson remembers emotional USD1 billion exit from Virgin Records

Virgin Records founder Sir Richard Branson recalled having great regret on selling his record company to fund his then-new Virgin Airlines venture.

Federal jury sides with Apple on patent infringement case

Apple scored a victory against Wi-Lan on a patent infringement lawsuit. A Texas federal jury ruled that Apple did not infringe a patent from Wi-Lan Inc.

Aptalis Pharma appoints underwriters for IPO- sources

Sources told Reuters that Aptalis Pharma Inc had appointed lenders to manage its IPO. Aptalis Pharma Inc reportedly hired banks to manage its initial public offering.


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The state pension fund of Massachusetts ranked the first in private equity investments, according to a report from the Private Equity Growth Capital Council.
Grupo Financiero Inbursa was in discussions with Standard Bank Group to buy the latter's Brazilian business, sources told Bloomberg.
Sources said Silicon Valley computer maker Hewlett-Packard was looking for buyers for its mobile computing patents.
Sun Life Everbright Insurance Co, the joint venture firm between Canada-based Sun Life Financial and state-controlled China Everbright Group, would turn a profit by 2015.
Share trading of Chong Hing Bank and its parent company were suspended temporarily pending confirmation of the sale of the bank to Yue Xie Group.
Radian Group filed a case against former account manager Rhiannon Bolen for giving confidential data to Arch Capital Group.
Aircraft maintenance services provider HAECO expands services portfolio with the acquisition of Timco Aviation Services,Inc.
Like other foreign firms, CCTV zeroed in on alleged failures of Samsung Galaxy S and Note series smartphones due to alleged memory chip failures.
E*Trade Financial would be selling G1 Execution Services unit for USD 75 million. E*Trade Financial Corp would be selling market-making arm G1 Execution Services to Susquehanna International Group in a deal worth USD 75 million.
A report from Canadian newspaper Globe and Mail said that John Sculley, a former Apple CEO, was mulling a possible bid for BlackBerry.