More than seven banks are changing projecting that the European Central Bank would cut its interest rates after its meeting this November.

Morgan Stanley, in the wake of outrage from bailouts in the last crisis, is seeking investments that provide long term social benefits for the community.

Alexander Mann Solutions was purchased for GBP260 million by private equity firm New Mountain Capital.

Volkswagen's sales in the US remained a mystery to its manufacturers. Volkswagen AG (VW), the world's third largest automaker in the world, is disappointed with its US sales, according to Bloomberg report.

Qatar and UAE granted emerging market status while Bahrain, Kuwait and Oman retain frontier markets.

Central banks of the Group of Seven nations made permanent a cash crisis mechanism to avoid financial pitfalls.

Barrick Gold reviewed options for raising cash and reducing debts In an attempt to reduce debt load, Barrick Gold considered a wide range of options including strategic equity investment.

Firms stand to earn nearly USD50 million from the Twitter IPO. During the visit of Twitter to New York last week, executives of JP Morgan Chase & Co had mingled outside their offices with jackets emblazoned with the logo of the microblogging site.

BaFin had said they would review the whole transaction of RHJI purchase of BHF Bank. BaFin, the German financial watchdog, had announced last Wednesday it would be needing to start from scratch in the review of the sale of Deutsche Bank AG's unit BHF Bank after BlackRock had exited from the auction.

Paracetamol is an active ingredient in many drug formulations which now is subject to a USD787 per tonne anti-dumping duty.