U.S. regulatory anti-money laundering concerns may cause delay in the proposed purchase of Hudson City Bancorp Inc by M&T Bank Corp.

Aiming to build a coffee conglomerate, Joh A. Benckiser, the investment arm of billionaire Reiman family, is set to acquire D.E. Master Blenders 1753 NV for about 7.5 billion euros ($9.8 billion).

Seibu Holdings is opposing attempts by Cerberus to gain more seats in the board of directors. Seibu Holdings, the railway and real estate conglomerate of Japan has rejected the attempt of Cerberus Capital Management LP to increase its shareholdings in the company.

Italian mobile phone operator Wind is set to step up its technology with a $1.3 billion investment on building a fourth generation (4G) mobile broadband network.

Greek Prime Minister categorically says that the recapitalization has protected the Greek banks from a Cyprus like crash.

The EU seeks to follow US model in job creation. European Union officials are seeking to change the deep stagnation of its present economy. They are looking into adapting one component of the U.

AirAsia JV programs now underway. On Saturday, AirAsia Bhd announced that prior to its launching of the joint venture, they have started hiring India-based captains, first officers and pilots for the Indian budget carrier.

ASE breaks ground for building construction of new facilities for semiconductor packaging and testing.

Hinduja aims to form partnerships with UAE's sovereign wealth funds for projects in both India and the UAE.

Street fashion business Reliance Brands has entered into agreement with UK fashion brand Reiss for stores in India.