One Thousand & One Voices formed its private equity team to run its office in Johannesburg. Private equity fund One Thousand & One Voices announced the hiring of three former executives of Standard Bank Group Ltd to run its office in Johannesburg.

French financial newspaper Les Echos said on its report Wednesday that French construction and concessions company Vinci was considering of selling its parking concession business to generate funds for future acquisitions.

CI Financial acquired the majority stake in Marret Asset, with an option to purchase the remained after three years.

Because of the increase in fines and penalties payable for the second half of 2013, JPMorgan Chase's share repurchase plan may be put on hold.

Alibaba, the largest e-commerce company in Chins, is set to register at the New York Stock Exchange.

Prem Watsa, the Canadian Warren Buffett, expressed confidence as to his consortium's bid for the floundering Canadian smartphone maker.

JC Penney is now deep in plans to increase its cash reserves and financial well-being through loans and other means.

In a bid to reduce complexity and increase profits, Barclays is shutting down its wealth management services in 130 countries.

The USD4.7 billion bid by Fairfax for BlackBerry would be backed up by loans, equity investments and its own shares in the smartphone maker.

France and the European Union are conducting inquiries as to the tactics employed by Apple that would violate antitrust regulations.