Hungary files to sell bonds in the US

Hungary applied for permission to sell bonds in the US market. The European Union's most heavily indebted member nation had filed with the US regulatory authorities for the issuance of USD5 billion worth of bonds.


Oil tycoon Dan Gertler wants partners for Congo oil development

Dan Gertler of Oil of DR Congo wanted partners to develop oil in Lake Albert in Congo. Oil magnate Dan Gertler, owner of Oil of DR Congo, would like partners to develop a potential oil find in the Democratic Republic of Congo.

Analysts expect US Federal Reserve to be cautious with tapering-report

A Reuters report expected the US Federal Reserve tapering to be cautious. According to a Reuters report, expectations were rife that the US Federal Reserve would be cautious about the tapering of its stimulus package.

Julius Baer Brazil plans offices outside Sao Paulo, Rio de Janeiro

The Brazilian unit of Julius Baer Group would be opening offices outside the main centers of Sao Paulo and Rio de Janeiro.


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Sharp Corp announced that it would raise up to USD 1.68 billion through a public offer and third party placements.
On Wednesday, Ferrexpo PLC announced it had purchased a 14.4% stake in Ferrous Resources valued at USD80 million.
In a lawsuit filed in a Delaware court, shareholders claimed that Dole Foods Co Chief Executive David Murdock manipulated events in order to have his 2013 USD13.50 per share buyout approved by the company executive board.
According to a Reuters report, Freelancer.com would be planning a local IPO in Australia that would help boost Australia's fast-growing technology markets.
According to two business newspaper, the Belgian government had been considering to sell some of its 10.3% stake in BNP Paribas to reduce the country's debt.
Equity LifeStyle Properties Inc. announced its acquisition of Fiesta Key RV Resort valued USD24.6 million and was paid with available cash.
I&B Ministry of India approved the proposed investment plan of Goldman Sachs Group to DEN Networks valued USD110 million.
On Monday night, Ecotality Inc. filed for bankruptcy protection in the US bankruptcy court in Phoenix and said it would auction its assets.
Last Tuesday, Jana Partners LLC disclosed its acquisition of 6.2% stake in Safeway Inc. through a regulatory filing.
The transactions involving nontraded REITs have amounted to USD12 billion in 2013, surpassing the previous USD11.5 billion in 2007.