Sony Pictures entertainments experiences its second summer box office let down at the heels of Loeb's proposal to spin off the company.

Tribune Company buys Local TV. (Photo : Reuters)This is the logo of Tribune. Tribune Company announced today that it has agreed to buy Local TV holdings, LLC.

Ocean Yeild's initial IPO was cut and now attracts more potential buyers. (Photo : Reuters)The image shows a ship dry docking at a port. The price cut for the initial offer for Ocean Yield caught the attention of potential buyers due to the noticeable cut in the price.

Australia biggest IPO sale set at the end of July by Steadfast Group Ltd (Photo : Reuters)Steadfast Group Ltd Logo As part of their plans to raise more than AUS $562.

Relational Investors LLC received 25% and 33% in their fiscal year and announced company consolidation process to turn the mid-cap and large-cap into one a single fund.

Mark Carney, the bank of England's new governor was urged to set aside GBP1 billion for small businesses to ais in UK's recovery.

CDB maintains its Zero bond risk until end of 2013. (Photo : Reuters)China Development Bank maintains zero risk until end of 2013 China Development Bank is keeping its motto of having zero risk when it comes to bonds as compared to commercial banks in China.

Greece and its international lenders picked up where they left off on talks about the country's bailout loan.

Former UBS AG trader based in Sydney, Gerard Satur raised Aus$10 million from wealthy investors.

Toyota Motor Corp, the world’s biggest carmaker announced its planned expansion in Myanmar, Cambodia and Kenya.