Two agribusiness firms scramble to purchase shares in Florida citrus grower Alico. The heirs of Ben Hill Griffin Jr have sold off their shares in the market leading Florida based citrus company.

According to German software giant SAP, its Business by Design module for small and medium businesses would not be further developed but current users can still utilize its online services.

A bid from a private equity firm for its cash solutions business is being mulled by G4S. Charterhouse Capital Partners LLP is contemplating the bid amounting to GBP1 million or USD1.

With an average of USD6 billion revenues on 10% cost on equity, Morgan Stanley's CFO said the business is doing good.

Eateries, tourist services, even larger firms fear for the numbers as a result of the government shutdown that lead to tepid business activity in the country.

British retail giant Tesco Plc is partnering with Tata conglomerate subsidiary Trent to open stores in India.

Swiss luxury group Richemont received a non-binding offer from Change Capital Partners for its leather goods maker Lancel, said sources who were close to the matter.

A permanent CEO and a new President for US business was recently installed by the board of directors of Toys R Us.

Kenyan retailer Naivas said that it had ended its talks with Massmart, a Wal-Mart Stores Inc. subsidiary in East Africa.

Stock markets in Europe fluctuated wildly amidst the uncertainty of the US finalizing budgets for its debt servicing and other governmental services.