UBS AG to increase yearly bonus payments to Asian investment bankers- sources

UBS AG is bolstering the annual bonus payments it provides to its investment bankers in Asia by about 10%, according to sources interviewed by Bloomberg.


Pemex to invest $475M in Mexico fertilizer plant

Mexico-based state oil company Pemex will shell out $475 million to acquire and revamp a Veracruz-based fertilizer production plant in a deal that would allow the firm to supply 75% of Mexico's demand for urea.

IBM betting $1.2B on its cloud services through acquisition

IBM will be investing $1.2 billion to bolster its $2 billion purchase of SoftLayer Technologies last year, a business which it is betting on for growth, Bloomberg reported.

Yahoo Editor-in-Chief Jai Singh quits

Yahoo's Editor-in-Chief Jai Singh resigned from the company due to an unconfirmed reason, on the heels of the news that the company's chief operating officer has been fired.


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