A report from a Chinese newspaper revealed that Samsung would be investing USD 500 million for a plant in China.
Sectors
Piggy Wiggly sells stores
Piggy Wiggly Carolina Co said it would sell 29 stores located in South Carolina and Georgia. Piggly Wiggly Carolina Co announced that it would be selling 29 of its stores.
Monte Paschi revises bailout plan, seeks increase to EUR2.5 billion extra capital
Italian Banca Monte dei Paschi di Siena has raised its capital for the bank's revised bailout plan to EUR2.5 billion or USD3.3 billion.
Swiss National Bank Chairman Thomas Jordan calls out more requirements for banks
According to Thomas Jordan, Swiss National Bank Chairman, said there is a lot that needs to be done before banks can avoid harming the general economy.
India insurance repositories set for inauguration on September 16
India would be inaugurating is its insurance repositories on September 16. India's Insurance Regulatory and Development Authority's insurance repositories would be inaugurated on September 16.
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JPMorgan Chase Co., Bank of America Corp. and Goldman Sachs Group Inc. would not be able to get out from their financial commitments to a buyout of retailer Rue 21 by private equity firm Apax Partners.
Sources told Reuters that Grohe got final offers for Geberit, Lixil and Duratex. Sources told Reuters that bathroom equipment manufacturer Grohe received bids from three of its peers.
According to sources who told Reuters, interest in buying BlackBerry Ltd was lukewarm that the company would have to break its business up to exit.
UK Prime Minister David Cameron said in an interview with a newspaper last September 6 that the country would be considering severing its ties with the European Union if stricter reforms were imposed on "welfare tourism".
A Reuters report said that investors had started to take out their capital from emerging markets as Fed tapering loomed.
US regulators met with the stock exchange operators to talk about backing up the Nasdaq stock quotes processor which malfunctioned last month.
The search for the new head of Microsoft would be a closely-watched development in the technology industry.
Verizon, US's biggest wireless provider, argued in a US Court of Appeals for the District of Colombia that the 2011 rule on net neutrality violated its First Amendment rights.
In her Reuters column, Allison Schrager asked a question that had continued to remain unanswered: How should people actually spend their retirement money?
