Goldman Sachs targets further gains in STOXX 600 index. Goldman Sachs targets further gains for the pan-European STOXX 600 index. The Goldman team wrote, "Coming into the year, our expectation was that Europe would be a smaller source of destabilising shocks for the global economy and markets but that, equally, it would not be a source of positive catalysts either.

Creditors for Rede Energisa gave the Energisa offer the green light Creditors for Grupo Rede Energia SA, a Brazilian power distributor currently seeking to exit a backruptcy protection, approved for a takeover plan initiated by rival company Energisa SA.

BlackBerry is expected to face tough questions from investors during the annual shareholder meeting as the smartphone maker’s share went down by 28% last week.

Nokia's Standard & Poor's rating plummeted further in the junk territory. (Photo : reuters. com)Nokia, Finnish Telecom company SGV claims that Nokia is in no position to buy Siemens shares.

Dell and Silver Lake proclaimed that they would not budge from their original offer price of $13.65 a share offer because this figure is already fair and reasonable.

Dennis Wilson, the Chairman of Lululemon Athletic is planning to offer 3.4 million shares of the company, reducing his control over the yogawear retailer by 3% as a result.

Bell Media acquired Astral and appointed new top executives. Bell Media officially acquired Astral Media Inc. for Can$3. 2 billion. The acquisition included two over-the-air TV stations, 77 radio stations, eight pay and specialty TV services, and last but not least, the Astral's out-of-home division.

Loblaw, Canada's biggest food retailer raised about Can$400 million for its real estate investment trust in an initial public offering.

China appointed Ding Xuedong as the new head of the country's sovereign wealth fund. Ding Xuedong was appointed as head of China's sovereign wealth fund.

Billionaire Eike Batista halted operations in iron-ore mine Corumba to save his empire’s commodities.