AMR Corp, the parent of American Airlines, is nearing bankruptcy exit and with that, merger of the two air carriers is near.

The Mexican Federal Competition Commission has disallowed Pfizer from using Pfizer baby food brands for twenty years.

Liberty Global's acquisition of Virgin Media granted unconditional EU approval. Last Monday, John Malone's US cable giant Liberty Global has received unconditional European Union regulatory apprival for the takeover of Virgin Media.

Clariant, in compliance with US regulators requirements, would be purchasing deep sea assets of the Gulf of Mexico owned by Ecolab.

Glencore to agree to concession requirements to achieve regulatory compliance for Xstrata merger. Glencore is now in the process of confirming concessions in order alleviate Chinese worries over its stranglehold on the existing copper supplies.

Malaysia's vibrant bourse is now the home of SPAC's in Asia. Malaysia is seeing a new kind of IPO in their bull market, called special purpose acquisition company.

Lehman bankruptcy administrators PWC announced payment of dividends to European creditors. US investment bank Lehman Brother's investors in its European unit would be repaid in full according to the firm's administrators.

With restrictions on shelved produce, days of operation and zoning regulations, many big box retailers such as Tesco are being squeezed in the South Korean market.

Google Inc. has reportedly offered a final package of commitments that include some changes in its operations in a bid to settle a European Union antitrust investigation on alleged discrimination against its competitors, according to a source.

Greek Prime Minister categorically says that the recapitalization has protected the Greek banks from a Cyprus like crash.