With the latest mishaps besetting Southeast Asia's oldest light railway transit system, bidding for its upgrade and improvements have resulted in one remaining bidder.

WPP Plc expands into China with its acquisition of IM2.0. The world's biggest advertising company, WPP Plc, is expanding its network to China through the purchase of a digital advertising agency.

Rights coverage and greater viewership are promised in the new deal between 21st Century Fox Inc and the German Bundesliga.

By utilizing shale gas reserves in the country, Saudi Arabia can use the now popular energy resource for local purposes and use its oil for exclusively for export purposes.

Maintenance, repair and overhaul firm Ascent Aviation Services Corporation receives capital infusion from private equity firm LongVue Capital.

KKR purchases Mitchell International from Aurora Capital for an undisclosed amount. Aurora Capital is a private equity firm managing over USD2 billion of assets based out of Los Angeles.

Shareholders of GSW are being convinced to accept the Deutsche Wohnen offered bid. In a letter to its clients, GSW immobilien AG had recommended the acceptance of the EUR1.

In order to block the bid of Sinochem, OVL and Shell filed notice of purchase on the USD1.543 billion oil block interest from Petrobras.

TCS, a credit card business company in Russia, set its IPO price at USD14 to USD17.50 per share piece.

Industry observers believed that USPS would be able to achieve success similar to Royal Mail should the former would be listed on the stock exchange.