Singapore Exchange's provisions on Asiasons Capital Ltd planned share sale may endanger the investment firm's buyout plan in Black Elk Energy Offshore Operations LLC.
Investors
Ferrero not for sale, denies receiving bid from Nestle
Italian confectionery firm Ferrero said through its spokesman that reports about the company receiving acquisition offers were complete fabrications.
Study finds Oreos addictive like cocaine
A study found that Oreo cookies were as addictive as cocaine. A recent study conducted by a team at Connecticut College in New London found that Oreo cookies were as addictive as cocaine, the LA Times reported.
Hydraulic clutch issues cause Harley-Davison to recall motorcycle units
Harley-Davidson recalled some motorcycle units because of problems with its hydraulic clutch system.
Tata Docomo launches InstaSoft
Last Wednesday, Tata Docomo unveiled to the public a SAAS based business and office based productivity solution.
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Wix.com Ltd, the Israeli online provider of website management tools, chose to list in the tech oriented Nasdaq.
Managers of hedge funds said to Reuters the worry over the US government defaulting on its debt payments was not as dire as they had experienced during the days leading to the collapse of financial services firm Lehman Brothers.
A group of private equity investors, SoftBank and eBay had pumped in around USD150 to USD200 million worth of new funding to online marketplace Snapdeal.
Lehman Brothers' Australian creditors had approved a proposed insurance payment plan that allowed the company to receive around USD48 million.
Orient Corp, a Japanese consumer credit company, had been probed by authorities for lending to crime groups with Mizuho Financial Group Inc.
BlackRock Inc. had reduced its Hong Kong investment after slow growth in the economy, said a Bloomberg report.
BlackRock CEO Laurence D. Fink said the tapering by the US Federal Reserve would be extended until the March.
A payment of USD260.7 million was paid to Berkshire Hathaway for the exercise of its warrants from General Electric Co.
Wrigley issued a number of debt instruments with specific term lengths, yields and interest rates. An amount worth USD3 billion through a five bond offer was done by Mars Inc's Wm Wrigley Jr Co.
