Banks are growing more reliant on the growing market for equities as they get nearly half of their fourth quarter investment banking revenues from equity trading and underwriting, the Financial Times reported.

As the US economy shows signs of improvement and the dollar continues to show signs of growing strength, emerging markets could experience a crises, the Financial Times reported.

Nigeria-based energy firm Oando Plc said it closed $1.63 billion to purchase the assets of US-based firm ConocoPhillips in the country, in a bid to become the top producer for the biggest oil exporter of Africa.

Paris, France-based travel startup Evaneos raised $6 million from a Series B funding round led by XAnge Private Equity for its expansion to other European countries.

After struggling with increased book sales from online rival Amazon and others, German Catholic Church-owned publishing house Wetbild filed for insolvency and placed 6,000 jobs on the line, the Financial Times reported.

Alcatel-Lucent is in talks with interested buyers, including Unify GmbH & Co. KG, for the sale of its enterprise business, according to sources interviewed by Bloomberg.

The 2012 controversy involving the private equity industry and Washington has not stopped the industry from continuing to offer former public officials with huge paydays, Politico reported.

The Bank of America is discouraging its junior investment bankers from working on weekends as it seeks to promote better work-life balance for its employees, the Financial Times reported.

Despite a slowdown in venture capital fundraising last year, there were more venture firms that closed capital in 2013 compared to that of the previous year, according to the Wall Street Journal blog Venture Capital Dispatch citing data from DJX LP Source.

Activist investors like Elliott Associates are seeking for an overhaul of the property portfolio of Wm Morrison, the fourth largest supermarket chain in Britain, the Financial Times reported.