Tokyo Electric receives reprieve from debt through roll overs

Tokyo Electric's debtors allow debt roll over for the stricken power utility firm. Twenty eight financial institutions, including Sumitomo Mitsui Banking Corp have agreed to roll nearly a JPY77 billion or USD783 million syndicated loan for Tokyo Electric Power Co due to become mature by month's end.


US shutdown near to being lifted as both sides negotiate over the weekend

Discussions between US President Barack Obama and House Speaker John Boehner to finish the budget gridlock besetting the US government.

ZTE Corp plan to expand to US market

The US is the next frontier for ZTE, as it partners with the NBA's Houston Rockets. The third largest smartphone seller in China, ZTE Corp, had laid out plan to become the one of the top three handset companies in the the next three years.

Yellen Fed Reserve nomination joins list of women as economic power players in US

Janet Yellen's nomination for the role of chief of US Federal Reserve would add her to the list of women who shape the US economy primarily dominated by men.


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Bank of Canada Governor Stephen Poloz expressed disappointment as to the country's economic performance despite signs of regained momentum.
Differing opinions met the new guidelines on Indian mergers and acquisitions in the telecommunications industry.
Jitendra Bhargava details the corruption and the mismanagement that led to the collapse of Air India.
Major broadcasters including Fox Television Stations had appealed to the Supreme Court in the hopes of stopping the streaming services of tech startup Aereo.
US Federal Reserve Chairman nominee Janet Yellen saw no problem in tackling both issues in US unemployment and monetary policies.
Google Inc's planned user endorsement ads could be opt out by its customers in a few simple steps.
Social marketing tech startup Bread was acquired by Yahoo Inc to improve revenue potential of its ad products.
Molecular diagnostic test developer CardioDx Inc, who pioneered the heart disease test product Corus CAD, was set to raise almost USD86 million via a planned initial public offering.
State-backed China National Offshore Oil Corp might have overpaid for the acquisition of Canada-based Nexen Inc, according to a Reuters special report.
Reuters Factbox revealed that should the political impasse in Washington continue, it would risk defaulting on some debt payments starting October 22.