News Corp. sold 33 local newspapers of its newspaper portfolio to Fortress Investment Group LLC. An Associated Press report said that News Corp. sold 33 smaller publications of its newspaper portfolio to Fortress Investment Group LLC for an undisclosed amount.

South Korean budget carrier Jeju Air Inc said it would consider conducting an IPO to increase the number of its airplanes and meet the growing demand for air travel in the Asia-Pacific.

Chinese media said that Apple invited local journalists in its September 11 event in Beijing, a day later from the tech giant's newest iPhone model launch in its Cupertino, California headquarters.

Anshu Jain, co-CEO of Deutsche Bank, said the current climate would move banks to consolidate. According to Deutsche Bank co-Chief Executive Officer Anshu Jain, consolidation in the banking industry is 'inevitable'.

China urged its Asian neighbors to forge stronger financial ties in the wake of the Federal Reserve's plan to taper its stimulus package.

The Royal Bank of Canada named Jonathan Golub to head the investment banking unit of RBC as its new chief market strategist for the US.

Former TNK-BP executive Mikhail Slobodin replaces Anton Kudryashov as head of Vimplecom's Russian business.

Fiat union leaders said the carmaker would invest nearly EUR 1 billion to make the Maserati SUV in its Turin factory.

Almarai Co would be issuing the first sukuk bond issue with four banks to be arranging the investor meetings.

REIT British Land said it would buy 50% of Southgate, a shopping center in Bath, for GBP 101 million.