Alupar would be raising nearly 1.16 billion reais for its IPO. Alupar Investimento SA is planning to raise 1. 16 billion reais or US$574 million in its initial public offering of shares of stock.

Telmex would be facing a class action suit for unwarranted charges filed by the government for an on behalf of its subscribers.

Lloyds ceilings for lending to manufacturers with discounted interest rates. Lloyds Bank topped its own estimate of GBP1 billion loans for UK manufacturers before September 2013.

The proposed merger of MetroPCS Communications and T-Mobile owned by Deutsche Telekom AG appears to have more critics and oppositions in a bid to force Deutsche to offer sweet deal.

First Deputy Prime Minister Shuvalov said that the government will not provide assistance to Cyprus depositors who lost money, except in certain circumstances.

The South Korean President gave the green light to retaliate should there be an aggressive attack from the North.

The thrust of central government to improve pollution standards is being bucked by state owned companies and local government executives fearful of loss of jobs and business in their areas.

Dell would walk away if he is not retained as CEO. Michael Dell, in a statement, would only consider a buyout plan with Blackstone Group if the private equity guarantees that he remains as its CEO.

Argentina is making an alternative payment plan to a U.S. appeals court in the U.S. for the settlement of a litigation with creditors that hold defaulted bonds and are demanding payment of $1.33 billion.

Largest depositors in Cypriot lender Bank of Cyprus are expected to receive bank shares worth just 37.5% of their deposits over 100,000 euros.