Smithfield acquisition awaits shareholder approval after US clearance

Shuanghui International Holdings and Smithfield Foods Inc released a joint statement saying they received another clearance from the U.S. Committee on Foreign Investment on the food firms' USD4.7 billion takeover deal.


Local and foreign oil firms in Iraq to cut exposure as Syrian strike retaliation looms

Local and foreign oil firms in Iraq would be keeping low profiles as tensions regarding a possible Syria strike retaliation looms over Iraq.

Bank of America, Merrill settle with female brokers for USD39 million over gender bias pay

Court papers released to the public on Friday indicated that Bank of American Corp. and Merrill Lynch & Co. would be settling on its gender bias lawsuit filed on behalf by its female brokers for USD39 million.

Malkin Holdings to proceed Empire State Building IPO

Malkin Holdings, who manages the Empire State Building and its investors, to proceed with an initial public offering (IPO) of the building into a real estate investment trust (REIT).


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There are many options available to Telecom Italia, but there are specifics being searched for, according to its Chairman Franco Bernabe.
Startup firm BoostCTR had announced it had raised USD8 million in Series B funding and hired a new CTO for the firm.
WestView Capital Partners had wrapped up a total of USD430 million which sources referred to as an oversubscribed fund.
Keval Shah had announced resignation from the company as its co-head of FIG syndicate and would take a post at Lloyds Bank.
Slovenia had resulted to liquidation to small banks after it had struggled to avoid an economic bailout.
Ford CEO Alan Mulally said he would remain as the company's head at least through 2014 following reports that Microsoft Corp. had recruited him.
The untimely demise of Zurich Insurance Group AG's CFO Pierre Wauthier was pushed into the spotlight after the insurer's CEO exited the company.
EU Competition Commissioner Jaoquin Almunia said that it would discuss a state bailout for Italian bank Monte dei Paschi di Siena with the country's Economy Minister on Saturday.
Johnson & Johnson had launched a sale process for its Ortho Clinical Diagnostics unit valued at USD5 billion.
Mark Thompson of NY Times accused BBC chief Chris Patten of misleading the British Parliament after large payments for the broadcaster's staff were made after they departed the firm.
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