Chinese government think-tank Development Research Center had proposed a lift of the ban to sell bonds in order to reduce its local governments' USD4 trillion debt.

There would be no obstacle to the USD976 million all-stick consolidation of Office Depot and Office Max Inc as according to unnamed sources in a Wall Street Journal report, the Federal Trade Commission would be approving the merger.

A Bloomberg report revealed that Microsoft's acquisition of Nokia Oyj's handset business allowed the latter to purchase the wireless network equipment business of Alcatel-Lucent.

Paul Zahra would be leaving his job as the CEO of department store chain David Jones Ltd. Chief Executive Officer Paul Zahra of David Jones Ltd would be quitting his job in Australia's second-biggest listed department store David Jones Ltd.

Private equity-backed Merlin Entertainment Group would be conducting a share sale to raise GBP 200 million in London.

Sources told Bloomberg that Charterhouse Capital Partners was considering a GBP 1 billion offer for G4S's cash solutions unit.

For the price of USD4.85 billion, AT&T sells off and leases telecommunications assets to Crown Castle Int'l.

Coal India's CEO S. Narsing Rao would try to convince brokerage firms to invest in the state run mining firm from India.

After infusing GBP107.8 million for store renovations, Qatar Holding would reopen Harrods store especially the iconic escalator.

With more data being created every second, the Cray supercomputer becomes more relevant for the industry.