Hours after announcing the departure of chief executive Dan Akerson, the Holden unit of General Motors Co announced its decision to halt its auto making operations in Australia by 2017.

A capital gains tax set to take effect in April 2015 which would be levied on the homes sold to people living abroad could diminish the status of London as a property magnet for foreign investors, Bloomberg reported.

Bitcoin has fueled a rise in cyberattacks where computers and data are held hostage until the owner pays the ransom in the digital currency, according to a report.

Brazil-based car parts supplier Autometal is looking for acquisition deals with midsize competitors as global car manufacturers are planning production in the South American country.

Chinese state-owned firms are expected to lead the initial public offerings in the mainland next year after the lifting of the temporary ban on public share sales by the government, according to sources interviews by Bloomberg.

Institutional investors were putting more money to private equity funds as they bet on improved dealmaking in the next two years, according to a report.

With the revival of initial public offerings, Australian bankers have many things to be happy for as underwriting fees also surge, according to a report.

Indian companies that built most of the parts for the country's recently launched Mars mission are using their low-cost, high-tech expertise in frugal space engineering to compete for global aerospace, defence and nuclear contracts worth billions.

A report said the dearth of women in the leadership ranks of the private equity industry can be solved in the natural evolution of the private equity business model.

According to the UK-based "Global State of Enterprise Mobility for the Past, Present and Future" report, mobile apps could be the most invested-in startups in 2014.