Valeant increases its offer to acquire Obagi after Merz Pharma tops its previous offer last month. Cosmetics products maker Obagi Medical Products Inc.

According to a shareholder group, RBS and its directors should stand trial for lost share value in the bank because of the acceptance of the bailout plan.

Paypal now not only looks after the online shopper, but also the online merchant. Paypal, eBay's online payment business already lends financing to its online shoppers.

Matthew Taylor admits to wire fraud in Goldman Sachs case filed against him. Former Goldman Sachs Group Inc trader Matthew M. Taylor entered a plea of guilty last Wednesday on charges of defrauding the Wall Street bank with unauthorized future trades back in 2007.

Samsung has entered into an agreement with Absolute Software to allow embedding of the technology into the Galaxy firmware.

Obagi's enterprise value increased as Valeant offered a higher share value price of US$24 per share.

Unicredit has announced the implementation of a buy-back scheme for outstanding bonds. Italy's largest bank in terms of assets had announced it would be buying back senior bonds.

Belgian firm Alfacam is now in rough waters financially after its credit line was cut off for breach of covenants.

Dish Network would offer senior notes amounting to US$2.3 billion, double its previous announcement.

DAMAC Properties would be listing publicly in the Dubai bourse amidst high interest for IPOs in the region.