The merger to become the world's largest airline succeeded its first step after being approved by bankruptcy court.

With infrastructure demand at an all time high, there are still many pitfalls that investors face when putting their money into Southeast Asia.

Fisker Automotive has opted to put workers on furlough in the face of a debt due with the US Department of Energy.

American Realty increases offer to US$6.7 billion for Cole Credit. A week after its inital offer was rejected, real estate investment trust American Realty Capital Properties Inc had increased its bid for Cole Credit Property Trust III.

VTB Group Bank recently purchased the Russian subsidiary of Tele2. Tele2, the Nordic telecommunications company recently announced that it would be selling its Russian subsidiary to VTB Group bank.

Finnair's new Chairman said that Finland should reduce its shareholdings in the national flag carrier, Finnair.

KKR is seeking to build a US$1.5 billion fund for oil and gas development project investments. In a report from Bloomberg, KKR & Co LP is now raising US$1.

Lehman Brothers, once Wall Street's larger banks, has announced its payout to creditors after its emergence from bankruptcy protection.

GEMS Education to raise funds for expansion into Asia and Africa through IPO and other means. GEMS Education Ltd is projecting to raise between US$650 million and US$1 billion during its initial public offering.

Jana Partners is seeking to replace board members and undertake improvements in the Agrium board of directors.