The Syrian government cancelled its tender to buy white 276,000 tonnes of white sugar two times after receiving only one offer from international traders.

Immofinanz Group said it had completed its sale of the Hilton Vienna Danube for EUR 48 million. The Immofinanz Group announced that it had sold the Hilton Vienna Danube to a subsidiary firm of Internos Real Investors.

The Japanese government said it would use public funds to deal with the radioactive water emanating from the Fukushima nuclear plant as Tepco appeared overwhelmed by the problem.

Austrian oil firm OMV announced that it had agreed to buy a 40% stake in an offshore exploration block in Madagascar from Niko Resources.

The Central Bank of Malaysia said no to the proposal of BIMB Holdings to issue Islamic bonds to fund its purchase of Bank Islam.

Rolls-Royce had sold its 50% stake in the RTM322 helicopter engine program to its program partner Turbomeca by Safran for EUR239 million or USD386 million.

Coastal Capital joined debt specialists to seek board spill in Billabong International Ltd. Coastal Capital, a hedge fund based in the US, on Monday joined other debt specialists in surrounding Billabong International Ltd, looking for a board spill.

Indofood Sukses Makmur Tbk PT has been considering a hostile takeover of Singapore-listed China Minzhong Food Corp Ltd after a short-seller attack decreased the Chinese food producer's market value.

Etihad plans to invest USD600 million in Jet Airways after approval from Indian authorities. Etihad extended the regulatory clearance deadline of its USD600 million deal with Jet Airways.

According to two sources who were familiar with the decision, Verizon Communications and Vodafone Group would be announcing a finalization of the USD130 billion exit deal, which would be financed in cash, stock and bank financing.