Emerging markets, including China, South Africa and Turkey, fell 10% from this year's peak. (Photo : Reuters)Kit Digital Inc's former chief executive significantly lowered the price he was willing to pay to buy the video technology provider, citing the company's worsening liquidity and capital structure issues.
Investors
Delta-Virgin Merger To Be Approved By European Commission
European regulators see no issue with the purchase by Delta Airlines of 49% of Virgin Atlantic. (Photo : REUTERS)The Delta airline logo is seen on a strap at JFK Airport in New York According to Delta Airlines, it is expecting the unconditional approval from the European regulatory authorities for its purchase of 49% of Virgin Atlantic.
Dangote Cement Sells Stake to Sovereign Wealth Fund
Dangote Cement sells off 1.5% to an unidentified sovereign wealth fund for 45.8 billion naira. (Photo : Reuters)The image is of Africa's richest man, Aliko Dangote.
Wal-mart execs get negative votes from shareholders
Wal-Mart CEO Michael Duke is under fire after allegations of bribery of the Mexican government. (Photo : Reuters)Wal-Mart Stores Inc, which is facing bribery investigations by the U.
Facebook gains 5.2%, projected to enter index next year
Facebook reported a 5.2% gain despite a continuous drop since May 2012. (Photo : Reuters)The image is the company confirmation of its listing in the NASDAQ.
Latest News
S&P, who lowered the credit rating of the US from 'AAA' to 'AA' has improved its outlook from negative to stable in its latest review.
Travelers Cos. buys Dominion of Canada General Insurance Company with $1.1 billion, increasing the company's international reach.
Thailand provides a short list of bidders for water management projects after experiencing huge damage from the worst flood incident in the country in 70 years.
Oil India Ltd., and Oil & Natural Gas Corp., will acquire Mozambique's Videocon Industries Ltd., to increase their overseas production and oil reserves.
McDonald's gained better than expected figures with aggressive advertising focused on its breakfast and Dollar menu.
Agilitas, a Pan-European private equity firm, opts to buyout ISS Damage Control management. Agilitas, a Pan-European private equity firm decide to buyout the management of ISS Damage Control from ISS Group.
Veolia Environment struck a deal to acquire Spanish Proactive Medio Ambiente. Veolia Environment SA acquired Spanish waste-management company Proactiva Medio Ambiente after Barcelona-based Fomento de Construcciones & Contratas SA agreed to sell its stake to the French waste utility.
The Swiss Market Index climbed as Novartis advanced studies on multiple sclerosis while Roche releases arthritis drug.
Battery producer Exide Technology files for Chapter 11 bankruptcy after losing against competition. Global battery producer Exide Technologies filed for bankruptcy after it faced $31 million in interest payments in August and losing against rivals.
