Wal-Mart CEO Michael Duke is under fire after allegations of bribery of the Mexican government. (Photo : Reuters)Wal-Mart Stores Inc, which is facing bribery investigations by the U.

Thailand provides a short list of bidders for water management projects after experiencing huge damage from the worst flood incident in the country in 70 years.

Zain would establish an Iraqi company to comply with IPO regulations in the country. The largest mobile company in Kuwait, Mobile Telecommunications Co, popularly known as Zain, is now in the process of creating an Iraqi company so that Zain Iraq would be able to comply with the regulations on public share sales.

Greece is again selling a three month treasury bill to pay off a previous issue. Greece will commence the auction of Eur1. 0 billion or US$1. 29 billion treasury bills with a term of three months from issue.

Nigeria is preparing to sell nearly US$1 billion of Eurobonds. According to Nigerian Finance Minister Ngozi Okonjo-Iweala, Nigeria is planning to sell US$1 billion worth of Eurobonds.

Hawthorne Global Aviation Services purchased FBO development rights in Chicago. In an announcement, Hawthorne Global Aviation Services said that it had purchased from Sovereign Development Group the development rights for a Fixed Base Operator (FBO) at the Executive Airport of Chicago.

The EU seeks to follow US model in job creation. European Union officials are seeking to change the deep stagnation of its present economy. They are looking into adapting one component of the U.

Infraero has withdrawn its application for an IPO as two of its licenses to operate may provide the necessary funding for its operations and growth.

With eyes set on the increasing demands of East Africa's growing middle class, Kenya-based private equity firm Catalyst Principal Partners has started to make investments from its $125 million fund and property ventures.

India, in order to raise funds to narrow the budget deficit, is selling off asset shareholdings in Indian corporations.