New broadcasting firm BT acquired exclusive rights to broadcast UEFA football games. BT had scored a coup in the multibillion pound sports broadcasting market.

Deutsche Bank AG said that new rules would not foster business but in the past week alone it had agreed on a couple of business related loans.

Since the Facebook bungle, Nasdaq had been hard pressed to recover to list more tech IPO stocks in its fold.

Market acceptance at an IPO lull period is the message Twitter sent to all fellow start ups. The initial public offer of Twitter had sent a powerful signal to technology executives reviewing market floats of Silicon Valley startups.

Hannes Smarson is facing embezzlement charges is his role in the misappropriation of funds from FL Group hf during his time as its chairman.

The Hustle, as it was known, rewarded volume instead of quality for mortgages sold by Bank of America to Fannie Mae and Freddie Mac.

A new issue had arisen between the epic patent infringement battle between Samsung and Apple. A judge has found that Samsung violated a court ordered agreement as to the secrecy of Apple documentation filed on the case.

A diplomatic stand off between Australia and Indonesia was averted when the Australian Immigration Minister had ordered the boat people be brought to Christmas Island.

Assam Chief Minister Tarun Gogoi, in a press conference, discussed the construction of a cancer and surgical cleft center in his state with the help of private entities.

The highest cost is the back pay for the furloughed employees according the US government data. Ironically, the sixteen day government shutdown and government service interruptions had actually helped the job situation in the United States, not hurt it as earlier expected.