Australia's AGL Energy Ltd said that weakened demand prompted the company to delay the development of its power plants.
Investors
PwC pension fund to buy stake in German skyscraper
A PricewaterhouseCoopers (PwC) pension fund had been talking with CA Immo on buying a stake in Tower 185, Germany's fourth-tallest skyscraper.
Loan-covenant breach risk cuts Playboy’s ratings - S&P
Standard and Poor's (S&P) had concluded that Playboy Enterprises Inc would likely be under pressure from its USD185 million loan-covenant to reduce its loans and increase its earnings.
Styrolution Group may hold IPO in 2015 - CEO
Styrolution Group Chief Executive Officer Roberto Gualdoni had said that joint venture company Styrolution Group could hold an IPO in two years.
Fraud claims against Schwab revive by NY appeals court
A 2009 lawsuit brought against Charles Schwab & Co Inc had been revived by a New York state appeals court.
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U.S. Justice Department asked a federal court to set trial date on March 3 to hear arguments on whether it should halt a planned merger between US Airways and American Airlines.
Plains All American Pipeline LP offered USD740 million in stock to buy the 54% of PAA Natural Gas Storage LP that it does not already own.
A Philippine regulator postponed the bid for a ticketing system to be used by the MRT and LRT. The Department of Transportation and Communications (DOTC) in the Philippines deferred the submission of bids for the ticketing system of the country's rail transportation systems.
AssuredPartners closed its purchase of GBP Risk Solutions, an Arizona-based insurance firm. Florida-based AssuredPartners Inc announced the completion of its acquisition of Golseth & Gregson Insurance Services which does business as GBP Risk Solutions.
The Merrill Lynch unit of Bank of America corp would pay USD 160 million to settle a discrimination lawsuit filed by African-American financial advisers.
Sources told Bloomberg that Inner Mongolia Sanwei Resources Group Co submitted an application for an IPO in Hong Kong worth USD 200 million.
Russian billionaire Roman Abramovich is close to concluding purchase of White Gardens, a top-end office complex in Moscow's business district.
The US Court of Appeals in Denver ruled for the National Credit Union Administration and allowed it to use the extender statute to pursue its claims against big banks regarding MBS.
Wal-Mart Stores Inc signed a deal to import South African wine label Seven Sisters in an agreement that ended the legacy of apartheid.
