The Hong Kong Stock Exchange would need to make a difficult decision on Alibaba's proposal to retain control after its planned IPO.
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Bank of America settles discrimination lawsuit for USD 160 million
The Merrill Lynch unit of Bank of America corp would pay USD 160 million to settle a discrimination lawsuit filed by African-American financial advisers.
Inner Mongolia Sanwei Resources submits application for Hong Kong IPO: sources
Sources told Bloomberg that Inner Mongolia Sanwei Resources Group Co submitted an application for an IPO in Hong Kong worth USD 200 million.
Appeals court rules in favor of National Credit Union Administration for MBS claims
The US Court of Appeals in Denver ruled for the National Credit Union Administration and allowed it to use the extender statute to pursue its claims against big banks regarding MBS.
South Africa's Seven Sisters inks deal with Wal-Mart, ends apartheid legacy
Wal-Mart Stores Inc signed a deal to import South African wine label Seven Sisters in an agreement that ended the legacy of apartheid.
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South African grocer Spar Group Ltd said it would be working with an Angolan partner to open a store in Luanda in the next six months.
The United States would be offering loans again through its Advanced Technology Vehicle Manufacturing loan facility.
Japan-based Nissan Motor Co said it would be willing to work with Google and other firms to develop self-driving vehicle systems.
The US Federal Communications Commission said it is working with CBS and Time Warner to bring an end to the blackout that affected their consumers.
Ultratech Cement is in the advanced stages of its discussions with Jaypee Cement Corporation for the acquisition of 51% stake in the company's Gujarat facility.
Social media platform Twitter hired Nathan Hubbard as its new commerce chief. Twitter Inc. had hired Nathan Hubbard who was also the former president of Ticketmaster.
The Federal Housing Finance Agency (FHFA) had pegged USD6 billion as settlement amount for the agency to stop seeking action against JP Morgan
Microsoft Corp continued to reassure employees of the efforts put into finding a new CEO for the company.
Telecom Italia announced the appointment of Mario Di Loreto who previously worked at Barilla Holding SpA's.
