Deals

Sirius XM Radio recently closed the acquisition deal with Agero Inc. Sirius XM Radio disclosed last Thursday on the company's acquisition of Agero Inc for USD 530 million in cash.

Greek politicians are coming to a head on the issue of home foreclosure auctions. Greece would be lifting its restrictions on the implementation of home foreclosures in order to give banks the leeway to recover its bad loans.

Cheraman Financial Services announced today a proposed plan of funding different infrastructure projects in Kerala.

ShopRunner added to Alibaba's recent purchases made to help in the former's IPO. Recently, ShopRunner a private shipping company owned by Michael Rubin, sold minority stakes to Chinese e-commerce company Alibaba Group.

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Last Wednesday, North and South Korea said through a joint statement that it would reopen the Kaesong industrial zone to attract foreign investors.

China announced its plans of easing laws for foreign investors in its free trade zones. China has planned to ease laws on foreign investment in the country's new free trade zones.

China would be giving perks for foreign and private investors interested in providing elderly care services and facilities in the country.

Pertrobras sold oil assets to raise USD2 billion to finance five-year plan. Petróleo Brasileiro SA (Petrobras) has sold oil stakes on different petrochemical and oil explorations projects.

Prime Minister Manmohan Singh of India said the country will not replaying the crisis that occurred in 1991 even as it experiences its slowest growth in a decade.

Experts said Al Jazeera America needs to define its mission to be able to succeed with its American audience.

Capital One Financial Corporation on Friday entered into a deal with Fannie Mae-headed Beech Street for an undisclosed amount.

North and South Korea announced that they had agreed to reopen the Kaesong industrial complex, which was closed when tensions grew between the two countries in April.

Technology infrastructure maker Cisco announced modest revenue growth for this quarter even as it cut its workforce to reduce costs.

The Center for European Economic Research reported increased levels of investor sentiment in August.