About USD43 billion was pulled from the money market as investor fears of US debt crisis reached its height prior to Wednesday nights passage of much needed legislation.
Investors
Banks to repay ECB crisis loans
On Friday, the European Central Bank said it would receive an early repayment of loans from banks next week valued at EUR5.199 billion.
CORRECTED: Berlin startup Labfolder receives six-figure funding to build digital lab book
Berlin-based Labfolder's product was aimed to help scientists plan and document experiments. CORRECTION: Changed facts in title and in article body.
CP Group, Woolworths mulls dropping ParknShop bids- sources
People familiar with the bidding of ParknShop told Bloomberg that the Charoen Pokphand Group and Woolsworths Ltd were considering of abandoning their bids for the supermarket chain.
Singaporean consortium gets approval for class action suit against Morgan Stanley
A group of investors obtain class action approval against Morgan Stanley for the controversial Pinnacle notes.
Latest News
Air France-KLM CEO Alexandre de Juniac said a company restructuring should happen in Alitalia before the French carrier would consider putting out a takeover offer.
The Department of Energy loan given to the now floundering Fisker was bought out by an investment firm headed by Richard Li.
Microsoft made seemingly minor but convenient changes to Windows 8.1. Microsoft has finally released Windows 8. 1, the upgrade to its original Windows 8 operating system.
Toyota voluntarily recalled vehicles made in 2012-2013 due to safety issues. Toyota said it would notify vehicle owners through first-class mail about the recall of some of its 2012-2013 car models.
The third quarter report of Dow Jones Venture Source showed a rise in venture capital activity in the technology sector.
A rise in acquisitions in Australian and New Zealand farms and assets had been seen recently. The bidding war over Warrnambool Cheese and Butter Factory Company Holdings Ltd had fanned investor fever of acquisitions in dairy farms and companies over Australia and New Zealand.
Warrnambool Cheese and Butter Factory Company Holdings Ltd received its third and bigger acquisition offer from Murray Goulburn Co-operative Co Ltd.
The Investment Canada Act would be a major hurdle for foreign companies like Lenovo who wish to acquire Blackberry as a whole or in parts.
EBay Inc founder and chairman Pierre Omidyar discussed about his new media venture via a blog post on Wednesday.
