Warren Buffett, the billionaire head of Berkshire Hathaway, said that a possible standoff on the debt ceiling would be costly.
Industry
Anti-Wall Street sentiment persists- poll
A Reuters/Ipsos polled showed Americans still harbored grudges against Wall Street five years after the fall of Lehman Brothers.
Hedge funds set to make money as Lehman Brothers makes full payout
Hedge funds that gambled on Lehman Brothers expected huge payouts as administrators finished recovering assets.
FTC approves Nielsen acquisition of Arbitron
The Federal Trade Commission stamps seal of approval for the acquisition of Arbitron, the radio audience measuring firm, by Nielsen, the television measuring giant.
Approvals of new swap execution facilities issued by CFTC
The Commodities Futures Trading Commission had announced the approval of the applications to operate swap execution facilities for TruEX Group LLC and IntercontinentalExchange Inc.
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The Indian telecom department is nearing the completion of the new policy guidelines to govern the mergers and acquisitions in the industry.
Global equity funds recorded the highest inflows the week before the US Federal Reserve announced its monetary policy.
The European Union and Singapore concluded a free trade agreement that would make doing business easier and more transparent for both countries.
Kloevern AB gained the most after the firm was upgraded in status by Swedbank AB. The shares of Kloevern AB had jumped its highest in nearly five months in Stockholm trading.
Investor sentiment improved in Switzerland for September, a new survey revealed. Investor confidence in Switzerland increased in September. Germany-based ZEW Center for European Economic Research and Credit Suisse Group based in Zurich revealed investor and analyst expectations rose to 16.
A Reuters report expected the US Federal Reserve tapering to be cautious. According to a Reuters report, expectations were rife that the US Federal Reserve would be cautious about the tapering of its stimulus package.
The transactions involving nontraded REITs have amounted to USD12 billion in 2013, surpassing the previous USD11.5 billion in 2007.
According to the Ministry of Commerce, China's utilized FDI increased by 6.37% for the first eight months of the year.
The meeting of the Federal Reserve this week comes at a time when the next chairman is still unknown.
