According to Oriens, a US$30-million merger/acquisition was a future possibility. Oriens Travel & Hotel Management Corp. (OTHM) announced that the FROL Booking Engine exceeded the company's expectations.

Jack Lew, US Treasury Secretary, confirmed that Chinese regulators will be handing over documents about US listed companies based in China; a move that may dissolve disagreement about several accounting scandals.

The European Commission proposed the creation of a new agency that would close and revamp failed banks.

Neptune increased its stake in Acasti Pharma Inc. Neptune Technologies & Bioressources Inc. announced Friday its acquisition of 6,750,000 Class A common shares from Acasti Pharma Inc.

Angela Merkel wanted to push for free trade but told EU allies not to sweep America's secret surveillance under the carpet.

The increase in interest rates and decrease in stock price took off the glow in consumer sentiment. In early July, fears regarding increasing interest rates and decreasing share costs dinged US consumer sentiment.

Gagfah will be offering 40 million shares to raise capital. Gagfah, a German real estate group, announced last Tuesday that it will be offering 40 million shares to raise capital.

Calpers, a US $259 billion fund, delays the launching of its database that would make known information about their pensioners.

A global blueprint that was supposed to eradicate manipulation of benchmarks was expected to stumble due to patchy implementation.

The Financial Stability Oversight Council designated American International Group and GE Capital as systemically important to the financial system.