VENTURE CAPITAL POST

The American retail banking unit of the Royal Bank of Scotland would be worth more if sold, according to a Wall Street banker.

Alibaba planned to transform with the Chinese retail industry by increasing online transactions to almost USD 490 billion.

US veterans had protested in Washington last Sunday in fear that their benefits might be affected if no agreement would be reached to end the partial shutdown of the government.

Europe's clean energy investment had fallen 14% after cheaper US natural gas had lured more investment, said a London-based research firm.

The Wall Street Journal reported that Netflix was in early-stage talks with US cable companies to make its streaming video service available to subscribers using their set-top boxes.

Angola would be imposing a 10% tax on oil firms operating in the country.

The stocks of Australia and New Zealand fell as the deadline to settle debt for the United States looms near, said a report from Bloomberg.

The Japanese Yen had increased versus all its major peers as no progress was seen between US President Barack Obama and the House Republicans to end the US shutdown.

The temporary increase of the food stamp program would end by the end of this month.

The helmets for the F-35 fighter jet would have high-tech features that allow pilots to see through the wings and floor of the F-35.

Israel-based Elbit Systems would be making the pilot helmets for the F-35 Joint Strike Fighters.

Social Security continued to wait for their benefit increase announcement for their cost-of-living adjustment.

US Senators struggled to end the partial government shutdown as the nation's deadline on incurring a default on debt draws near, said a Reuters report.

Air France-KLM, a top shareholder in Italy’s Alitalia, did not make a clear position regarding a proposed capital increase to save the near-bankrupt air carrier.

According to German paper Welt am Sonntag, Deputy Chairman Guo Ping of Huawei said that the telecoms network does not intend to engage in any takeover plans.