Gold might not have been a great investment, which was evident in a Reuters report about John Paulson not making any additional investments on buillion as his PFR Gold Fund lost 63% this year so far.

The three-person management team of private limousine service Uber had severed ties with the company six months after the car service company launched its services in the capital of Germany.

Alpine Data Labs, creator of open source software framework named Hadoop, received USD16 million in new funding from investors including Sierra Ventures and Mission Ventures.

Ikaria Inc is being fought over by BC Partners Ltd, Onex Corp and American Securities LLC, of which the bidding war could fetch up to USD 2 billion for the former, according to sources who were familiar with the matter.

IK Investment Partners had sold its full ownership in Europe Snacks Group to a French private equity firm Apax Partners for an undisclosed amount and will be completed before the year ends.

As emerging markets were becoming too volatile for some bond and stock investors, a report said majority of them had turned to frontier markets to generate better returns.

The fate of the joint venture firm of Founder Securities and Credit Suisse have yet to be known after the former reveals its plans to sell its stake in the joint venture and merge with China Minzu Securities.

Dealogic data showed a big increase in the acquisition activity of big tech companies in Israel, pushing the Middle Eastern country to become a global player in the innovative tech arena.

France-based multinational mass media and telecommunication firm Vivendi took a pause from big acquisitions to decide on how to spend the remaining USD14 billion from asset sales after cutting debt.

Sungy Mobile, a global provider of mobile internet products and services, has priced its initial public offering on NASDAQ at USD11.22 per American depositary shares (ADS).