Although US Federal Reserve Vice Chair Janet Yellen would be getting a backlash in the Senate due to her employer's bond-buying program, Louisiana Republican David Vitter was confident Yellen would replace Fed Chairman Ben Bernanke.

Lulu Hypermarkets chief executive officer Yusuffali M.A. said his company would be entering in expanding in emerging markets and create new ones in the Middle East and Asia.

Air Seychelles announced its record growth of its international business, thanks to its popular Abu Dhabi route.

As the process to close the Fiat-Chrysler merger ongoing, automotive news site Autocar observed that Fiat had stopped its development plans on its Alfa Romeo vehicle series.

The Central Bank of Ireland assured the public that it had been pursuing an alternate solution to bail out Newbridge Credit Union after talks of a merger with Naas Credit Union had failed.

Chairman emeritus and ex-chief executive of Orrick Ralph Baxter confirmed that his law firm Orrick, Herrington & Sutcliffe LLP and Pillsbury Winthrop Shaw Pittman LLP had been in negotiations to decide on a potential merger.

A Forbes contributing article by an economist said Twitter's massive hype could not save itself from faring better on the stock market in the long-run.

Germany's coalition government formalized a measure to provide funds and expertise for a European bank to manage the loan agreements and if necessitated, closure of banks.

New broadcasting firm BT acquired exclusive rights to broadcast UEFA football games. BT had scored a coup in the multibillion pound sports broadcasting market.

Deutsche Bank AG said that new rules would not foster business but in the past week alone it had agreed on a couple of business related loans.