A Wall Street Journal report said General Electric Co will divest its US-based consumer lending business of GE Capital to focus on its core industrial operations.

Chief Executive Officer Igor Sechin of Rosneft bought more shares in the state-controlled firm, increasing his stake to USD 65 million.

Sinopec, the state owned oil and gas firm, forms Apache and Sinopec Group through the purchase of 33% of the Apache Corp.

SCA Property's gearing, its debt to ratio assets, is projected to rise to 33% and can rise to as much as 40% according to its CEO.

Hedging against possible long term structural changes with Blackberry, Morgan Stanley has put on hold the purchase of new devices from the Canadian company amidst the turmoil the smartphone company is now facing.

AIG has sought to divest its ownership of ILFC through a sale or if there is none agreed on, through an IPO.

TH Lee Partners LP is discharged as a defendant in the case of an 'overarching' conspiracy regarding buyouts and the collusion between private equity firms.

Wal-Mart, together with other North American companies, banded together to create the Alliance for Bangladesh Worker Safety.

Pure Storage was able to raise USD150 million in its latest funding round for its operational expansion in the data storage market.

Insight Equity Holdings announced the hiring of two new vice presidents and three new associates to its management team.