Wayfair LLC Chief Executive Officer Niraj Shah had disclosed that it would be holding a venture capital round soon.

Sources told Bloomberg that Jaiprakash Power Ventures would be selling its hydropower facilities to Abu Dhabi National Energy.

Goldman Sachs Group raised EUR 289 million from selling 7 million of shares in German property company LEG Immobilien.

Former Warner Music Group executive Michael Fleisher, who had experienced leading public listings, was appointed by Wayfair LLC as its new chief financial officer.

Reckitt Benckiser Group Plc would be reviewing options for its pharmaceutical business, including a potential exit, according to a Bloomberg News report.

The New York State Department of Financial Services, the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency had approved the merger of US banks Provident New York Bancorp and Sterling Bancorp.

JC Penney Co Inc and Martha Stewart Living Omnimedia said that its partnership agreement would be leaving out Martha Stewart-branded cookware, bedding and bath products that had been exclusively designed for Macy's Inc.

Itqan Capital and partner D3 Consultants unveiled plans to launch an education-focused private equity fund in the Gulf region.

Telekom Austria, Deutsche Telekom and Hutchison Whampoa's Three have cornered the majority of the LTE spectrum in the region.

With its consortium, Petrobras leads to extract the oil from the Libra pre-salt mine. A consortium led by Petroleo Brasileiro SA had landed a license to develop the largest oil discovery in Brazil under terms that had exceeded projections.