Senate Congressional leaders from both parties have progressed as to reaching a deal on the debt ceiling and the budget impasse.
Sectors
VEBA pegs Chrysler stake at USD3.6 billion
VEBA Trust pegs shareholdings at USD3.6 billion. The healthcare trust affiliated with the United Auto Workers union had finally placed a price tag on the worth of its shares in Chrysler Group.
US Stocks end with modest gains
Even for just trying to get a deal done, US stocks rebounded with modest gains after a day of volatility.
LRT bidding down to one
With the latest mishaps besetting Southeast Asia's oldest light railway transit system, bidding for its upgrade and improvements have resulted in one remaining bidder.
BlackBerry to take out ads to talk directly to the consumers
BlackBerry Chief Marketing Officer said the firm had taken one page ads to communicate with its consumer base.
Latest News
WPP Plc expands into China with its acquisition of IM2.0. The world's biggest advertising company, WPP Plc, is expanding its network to China through the purchase of a digital advertising agency.
Food stamp recipients went for a two-hour shopping spree in Louisiana after a glitch removed spending limits on their cards.
Stock markets in Europe fluctuated wildly amidst the uncertainty of the US finalizing budgets for its debt servicing and other governmental services.
Rights coverage and greater viewership are promised in the new deal between 21st Century Fox Inc and the German Bundesliga.
In a survey conducted over UAE small and medium enterprises, over 80% would hire more employees in the next six months.
By utilizing shale gas reserves in the country, Saudi Arabia can use the now popular energy resource for local purposes and use its oil for exclusively for export purposes.
Maintenance, repair and overhaul firm Ascent Aviation Services Corporation receives capital infusion from private equity firm LongVue Capital.
KKR purchases Mitchell International from Aurora Capital for an undisclosed amount. Aurora Capital is a private equity firm managing over USD2 billion of assets based out of Los Angeles.
Shareholders of GSW are being convinced to accept the Deutsche Wohnen offered bid. In a letter to its clients, GSW immobilien AG had recommended the acceptance of the EUR1.
