Industrial overcapacity in China may have adverse impact on the domestic market and global economy. A number of new units came up owing to easily available loans and government subsidies in the world's second largest economy. A latest report calls for more radical measures including greater privatization to streamline the Chinese domestic industry.
Germany's economy minister has promised to block any clauses in a trade deal between the European Union and the United States that go against the ideals of his center-left Social Democrats (SPD), including investor protection clauses wanted by the Americans.
Sinopec Corp will sell a 107.1 billion yuan ($17.5 billion) stake in its retail unit to a group of 25 Chinese and foreign investors, Asia's top oil refiner said in a statement on Sunday.
Arabian Business said in its report that businesses of the state of Saudi Arabia, including Prince Sultan Aviation Academy and Saudia Private Airline, will be privatized soon.
The big debuts of returnees Hilton Worldwide and Aramark signaled their turnaround from firms that had been controlled by private equity firms to partially-independent companies.
The government of Brazil divested its ownership stakes in two major airports to groups of multiple buyers as part of its strategy to improve the country's infrastructure in time for the World Cup.
The privatization deal for Royal Mail had received a government estimated number of more than 700,000 applications for the company's shares, said a Reuters report.
The Guardian said the British government might increase the 30% Royal Mail share allocation it would be selling to small and public investors.
BlackBerry sales continued to plunge even as the company seeks a USD 4.7 billion privatization deal.
Vista Equity Partners had agreed to take Greenway Medical Technologies Inc. private in a deal valued USD644 million.
BlackBerry signed a tentative deal to be acquired by a consortium led by the company's biggest shareholder, Fairfax Financial Holdings Ltd.
The management of software outsourcing company Camelot Information Systems raised its buyout offer to USD98.2 million.
The government of Afghanistan would be looking for favorable bidders for the privatization of the New Kabul Bank.
Opposition Members of the Parliament (MP) expressed their concerns over the UK government not providing enough protection for Royal as the universal postal service near privatization.
A deal between China COSCO Holdings and Piraeus would pave the way for privatization of the largest port in Greece.