US shutdown near to being lifted as both sides negotiate over the weekend

Discussions between US President Barack Obama and House Speaker John Boehner to finish the budget gridlock besetting the US government.


ZTE Corp plan to expand to US market

The US is the next frontier for ZTE, as it partners with the NBA's Houston Rockets. The third largest smartphone seller in China, ZTE Corp, had laid out plan to become the one of the top three handset companies in the the next three years.

Yellen Fed Reserve nomination joins list of women as economic power players in US

Janet Yellen's nomination for the role of chief of US Federal Reserve would add her to the list of women who shape the US economy primarily dominated by men.

Facebook's gain is impatient investors' loss

Facebook Inc's investors including the social media company director Peter Thiel were not confident about the company's performance post-IPO.


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Differing opinions met the new guidelines on Indian mergers and acquisitions in the telecommunications industry.
Jitendra Bhargava details the corruption and the mismanagement that led to the collapse of Air India.
Major broadcasters including Fox Television Stations had appealed to the Supreme Court in the hopes of stopping the streaming services of tech startup Aereo.
US Federal Reserve Chairman nominee Janet Yellen saw no problem in tackling both issues in US unemployment and monetary policies.
Google Inc's planned user endorsement ads could be opt out by its customers in a few simple steps.
Social marketing tech startup Bread was acquired by Yahoo Inc to improve revenue potential of its ad products.
Molecular diagnostic test developer CardioDx Inc, who pioneered the heart disease test product Corus CAD, was set to raise almost USD86 million via a planned initial public offering.
State-backed China National Offshore Oil Corp might have overpaid for the acquisition of Canada-based Nexen Inc, according to a Reuters special report.
Reuters Factbox revealed that should the political impasse in Washington continue, it would risk defaulting on some debt payments starting October 22.
Last Tuesday, Japanese Finance Minister Taro Aso urged the United States to settle its budget issues for Japan to be spared from fiscal trouble, reported Reuters.