Neuberger Berman announced the launch of a new fund where it plans to invest in the Greater China Region.

Cascade Drilling announced that it had purchased Boart Longyear's Environmental and Infrastructure drilling operations.

USI Insurance Services announced that it has completed the purchase of Cohen-Seltzer Inc. USI Insurance Services announced that it has completed its purchase of Cohen-Seltzer Inc.

Softbank enters into a joint venture with Bloom to distribute hydrogen and bio-fuel cells in Japan.

Rajat Gupta was fined US $13.9 million after court found him guilty of insider trading. Federal authorities ordered a former executive of Goldman Sachs Group Inc.

Mister Spex bought Loveyewear and Lensstore in a bid to enhance its international presence. Two Swedish online eyewear shops, Loveyewear and Lensstore had been bought by Mister Spex, also an optic shop with heavy online operations.

Karlin Real Estate Lending provided World Class Capital Group with US$20 million to help it acquire Andrita Studios in Los Angeles.

Home Afrika is set to create REITs that would finance several property projects in Sub-Saharan Africa.

Woolworths Ltd. reported losses amounting to AUD $139 million stating it was spiked by weak sales and high start up costs.

Harrison Street Real Estate Capital sealed its fourth fund after raising US$750 million from various investors.