The government of India may allow foreign retail stores such as Walmart and Tesco to come into the industry without any of those conditions given that their multi-brand retail venture is less than 50%.

Ahmad Hamad Algosaibi & Brothers Co. planned to make a new offer on US$7.2 of debt to creditors. Ahmad Hamad Algosaibi & Brothers Co. planned to make a new offer on US$7.

Initial public offerings were raised to US$42 billion in the second quarter from the previous US$20 billion made during the first quarter.

GSK was offered a formal takeover bid priced more than a billion pounds for its soft drink brand Lucozade and Ribena by Blackstone and Lion Capital.

Ahmed Reda Halawani resigned from Kingdom Holding Co. due to personal obligations and commitments as stated by the company in a statement on the Saudi bourse.

Onyx Pharmaceuticals Inc stated that it has rejected the unsolicited bid from Amgen Inc priced at US$120 per share piece.

Noki Oyj agreed to buy the stakes of Siemens AG in the Nokia Siemens Network according to sources. (Photo : Reuters)The image shows the Nokia Siemens Network sign inside the company's building.

Fund firms threatened the privatization of Lloyds Banking Group until rulings are clarified by banks and regulators.

France announced sale of its 4.69% stake in ADP, a Paris airport operator to Vinci and Credit Assurances.

Maria Fekter, Austria's Finance Minister was confident about getting the deal from EU after some negotiation.