According to an investigative report by the Huffington Post, Microsoft Corp would be dipping into its USD60 billion offshore holdings to finance its Nokia handset business acquisition in cash.

Nearly USD50 million was received by Lithium Technologies in its latest funding round. One of the developers of social-networking software solutions for firms, Lithium Technologies Inc, announced the raising of USD50 million during a funding round.

In an interview conducted by newly-acquired newspaper the Washington Post, Amazon.com Inc. CEO Jeff Bezos said that he would be applying his management style in Amazon to the beleaguered newspaper.

Today, OCI Resources announced that it had launched its initial public offering of 5,000,000 common units.

Lithium Technologies announced today that it had raised USD50 million in mezzanine financing. Lithium Technologies is the leader in Social Customer Experience.

The government of Afghanistan would be looking for favorable bidders for the privatization of the New Kabul Bank.

A grant-loan from the Belgian government would expand the water and sanitation services in Iten, Kenya.

Opposition Members of the Parliament (MP) expressed their concerns over the UK government not providing enough protection for Royal as the universal postal service near privatization.

Alitalia SpA engaged advisory services Italian firm for corporate restructuring help. Gruppo Banca Leonardo was engaged the services of Alitalia SpA to assist in the raising of hundreds of millions of Euros before the year's end.

The Philippine Stock Exchange said meeting IPO targets this year would be difficult as market conditions continued to be volatile.