Finance officials from the largest economies in the world had urged the US to avoid a possible devastating debt default last Friday, said a report from Reuters.
Investors
Activision regains majority after Vivendi stake buyout
Activision regains independence after it bought back shares from Vivendi SA. A group led by Activision CEO Bobby Kotick in partnership with Activision Blizzard Inc recently completed a buyout worth USD8.
Liberty Global content with stake in Ziggo
Liberty Global announced that the company is contented with its 28.5% holdings in Dutch cable company, Ziggo, said a report from Reuters.
B.Braun gets clearance to raise stake in Rhoen-Klinikum
B. Braun got regulatory clearance to increase its stake in German hospital operator Rhoen-Klinikum after filing a request last month, said a report from Reuters.
Federal funding uncertain, US states look to pay for programs
As the US partial shutdown now on its eleventh day, states were confronted into choosing between putting their own funds for federal programs or letting vital services lapse.
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Vivus Inc. had signed a deal with Auxilium Pharmacauticals Inc to market its Stendra drug in the US market, said a Reuters report.
A fake press release was sent claiming Samsung Electronics would buy Sweden’s Fingerprint Cards that made shares soar on Friday trading.
Alitalia, an almost bankrupt Italian firm, had received a lifeline last Friday after the company's board approved a capital increase, reported Reuters.
CommScope Holding Co had set its price for its initial public offering which could value the company more than USD3.9 billion.
AT&T's new customers would soon be able to purchase Mobile share plans, said a Reuters report. The new customers of AT&T would soon be able to buy Mobile Share plans.
The city of Detroit had gotten a USD350 million debtor-in-possession financing from Barclays Plc after filing for bankruptcy last July.
US stocks rose last Friday as investors were hopeful for the government to reach an agreement over the weekend to end the partial deadlock of the US government.
Brazilian antitrust regulators had been investigating Google over alleged anticompetitive practices by Microsoft Corp and Brazilian rivals.
The Catapult Group provides service and administrative support for contract affiliates. The most recent fund of the Natural Gas Partners, NGP Natural Resources X LP as well as NGP Energy Technology Partners LP had pledged significant capital commitments in order to establish the Catapult Group.
