Reuters Factbox revealed that should the political impasse in Washington continue, it would risk defaulting on some debt payments starting October 22.
Legal & Regulatory
Tokyo Electric receives reprieve from debt through roll overs
Tokyo Electric's debtors allow debt roll over for the stricken power utility firm. Twenty eight financial institutions, including Sumitomo Mitsui Banking Corp have agreed to roll nearly a JPY77 billion or USD783 million syndicated loan for Tokyo Electric Power Co due to become mature by month's end.
US shutdown near to being lifted as both sides negotiate over the weekend
Discussions between US President Barack Obama and House Speaker John Boehner to finish the budget gridlock besetting the US government.
Bank of Canada governor showed disappointment as to economic performance
Bank of Canada Governor Stephen Poloz expressed disappointment as to the country's economic performance despite signs of regained momentum.
New book details the 'descent of Air India'
Jitendra Bhargava details the corruption and the mismanagement that led to the collapse of Air India.
Latest News
Last Tuesday, Japanese Finance Minister Taro Aso urged the United States to settle its budget issues for Japan to be spared from fiscal trouble, reported Reuters.
The EU-US negotiations, already overshadowed by the revelations of former NSA contractor Edward Snowden, now faced even more delays due to the partial deadlock in the US government, said a Reuters report.
US Republican Senators said that President Barack Obama was open to changes regarding Obamacare, a possibility that the US deadlock on budget issues would be reached, reported Bloomberg.
Cloud web hosting and domain service provider Endurance International Group Holdings would undertake an IPO soon.
Taking the loss as a personal matter, CEO Jamie Dimon's JP Morgan reported a loss for the third quarter of 2013.
With a possible loss of USD3 billion and failure in the lower courts, telecommunications companies have gone up to the Supreme Court to decide on the legality of New York based Aereo.
B. Braun got regulatory clearance to increase its stake in German hospital operator Rhoen-Klinikum after filing a request last month, said a report from Reuters.
As the US partial shutdown now on its eleventh day, states were confronted into choosing between putting their own funds for federal programs or letting vital services lapse.
Consol Energy's 'all options' review help share values increase. The largest US coal production company in terms of market value, Consol Energy Inc.
