Private equity companies were the reason for the frozen yogurt shop explosion in the US, according to a CNBC report.
Investors
Citigroup, State Street puts measures in place for potential US government debt default- report
A Wall Street Journal report said that Citigroup and State Street were already preparing for a possible debt default by the US government.
Trafigura Beheer, Mubadala Development agrees on purchase of Batista's MMX Mineracao & Metalicos unit
Trafigura Beheer and Mubadala Development would be purchasing a controlling stake in PortCo, a unit of MMX Mineracao & Metalicos.
Foreign companies may sell shares in free trade zone- report
The Wall Street Journal reported that China could allow foreign companies to sell shares in the free trade zone in Shanghai.
Tokyo Gas eyes majority stake purchases in LNG projects in Southeast Asia, Africa
Tokyo Gas said it would looking at majority stake purchases for mid-sized LNG projects in Southeast Asia or Africa to bring down import costs.
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Savient Pharmaceuticals filed for bankruptcy protection and court approval to sell assets to a US WorldMeds unit.
A snow storm in South Dakota killed thousands of cattle and caused tens of millions in losses. A sudden storm that came earlier than winter decimated thousands of cattle in South Dakota.
JPMorgan had valued notes at USD0.95 to the dollar, to be offered for the first time since January 2010.
VEBA Trust pegs shareholdings at USD3.6 billion. The healthcare trust affiliated with the United Auto Workers union had finally placed a price tag on the worth of its shares in Chrysler Group.
With the latest mishaps besetting Southeast Asia's oldest light railway transit system, bidding for its upgrade and improvements have resulted in one remaining bidder.
BlackBerry Chief Marketing Officer said the firm had taken one page ads to communicate with its consumer base.
Wal-Mart Stores Inc and Xerox Corp blamed each other for the glitch that caused food stamp recipients to go on an all-out shopping spree over the weekend.
Xerox Corp said the glitch that affected food stamp beneficiaries in 17 states was caused by a temporary shutdown of the system after a test was performed.
WPP Plc expands into China with its acquisition of IM2.0. The world's biggest advertising company, WPP Plc, is expanding its network to China through the purchase of a digital advertising agency.
