A Samsung-FBI deal was coming to an emminent close, said sources. Samsung neared the closing of a deal with the US Federal Bureau of Investigation (FBI).
Investors
ParknShop supermarket chain up for sale for US $2 billion?
Hong Kong's richest man Li Ka-shing is reportedly considering putting up for sale the ParknShop chain for US $2 billion.
Merkel should tell German taxpayers they are not immune to debt crisis: opposition
German opposition leader slammed Chancellor Merkel for not telling taxpayers that they will not be "excluded in any way" if the writeoffs continue.
VF drops bid for Billabong, says selling price unrealistic
VF Corp. drops its bid to acquire Billabong, Australia's most popular surfing brand, saying that the asking price was too much.
China adjusts lending rates cap to boost economy
China discards lending rates to allow financing institutions more freedom in packaging their lending rates.
Latest News
The production of next-gen Chevrolet Cruze will be delayed by a year after sources familiar with the deal said that it's more likely to start in December 2015.
The shares of General Electric have reached its highest level since the financial crisis of 2008. General Electric (GE) shares were at their highest level since 2008.
The credit rating of “AAA” of the US was affirmed by Moody. Moody's Investor Services affirmed the United States' credit rating of AAA. The main reason for the affirmation was a shrinking budget deficit.
Spanish lender BBVA agrees to sell its Panama unit for US $646 million in favor of Colombia’s second biggest banking conglomerate.
Visco of ECB stressed the importance of communication in an exit strategy. Ignazio Visco, a member of the European Central Bank Governing Council, stated that central banks needed to work on improving communication when it comes to exiting from an unprecedented monetary policy.
After reports of Apple's buyout of HopStop.com, another startup was acquired by the tech giant.
Batista's worth went down 74% after losing more than US$30 billion. The richest man in Brazil, Eike Batista, saw his worth go down 74% this year.
Apple bought HopStop.com today. HopStop. com, an upstart application, was bought by tech giant Apple today. A spokesperson from Apple confirmed the acquisition, according to Tech Crunch's Anthony Ha.
Fannie and Freddie are not making much progress The revamp of Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FMCC) was not making much, or any, progress.
