Fitness First executives stated they would be investing GBP77.5 million into the company's operations in a bid to enhance their presence worldwide.

Unitech stated that it is mulling deals from at least two international private equity firms for its 3.6 million square feet special economic zone property in Gurgaon.

John Henry, owner of the Boston Red Sox, has purchased another Boston icon, the Boston Globe. The principal owner of the fabled Boston Red Sox, business tycoon John Henry, had entered into an agreement to purchase The Boston Globe for the price tag of US$70 million.

SpiceJet has accepted Niel Mills' filing for resignation as CEO of the budget carrier. Indian budget carrier SpiceJet announced today that it accepted its chief executive officer's resignation request.

H&M unveils its online store after several launch delays. Hennes & Mauritz had recently announced the launch of its online sales operations for the US market.

In the company's latest shareholders meeteing, new officers were elected and new provisions were approved.

China's top decision-making body said that it will work to ensure the growth of its economy. The Politburo, China's top decision-making body, declared that it will ensure the growth of its economy.

Japanese executives will attend a meeting in Myanmar to discuss future investment ventures. Representatives from over 20 Japanese companies planned on visiting Myanmar to look for possible business ventures and investment opportunities, according the Union of Myanmar Federation of Chambers of Commerce and Industry or UMFCCI.

US major firms including Wal-Mart, Google, Morgan Stanley and Dell raised concerns regarding patent trolls and urged legislators to broaden US Patent and Trademark Office's scope of power in reviewing patents.

The annual Lollapalooza held in Chicago's Grant Park is one of the most anticipated music festivals in the country.