The new agreement between US and Swiss governments would allow payment of fines or deferment of prosecution from tax evasion committed by US clients.

The government of Germany said it was still open to talk with Airbus about its development loan. The German government said it is still willing to discuss the development loan with Airbus.

The foundation of Royal KPN exercised its option to purchase preferred shares of the company to block America Movil's bid for majority ownership.

Malaysian palm oil producer Sime Darby said the sale of its healthcare unit boosted fourth quarter profits.

German car manufacturer Daimler Mercedes-Benz planned to increase the number of its dealer outlets in China to get a bigger share of the world's largest auto market.

Sources told a Belgian business daily that the government could sell a small portion of its stake in the Belgacom Group.

AT&T would be looking into Vodafone group's remaining assets in the midst of the British mobile carrier's exit from the US wireless business with the buyout from Verizon Communications.

A Reuters report cited Wall Street Journal sources who said that Cumulus Media, a radio broadcasting company set its sight on buying out Dial Global, a content producer, for USD260 million in cash.

A Wall Street Journal report said General Electric Co will divest its US-based consumer lending business of GE Capital to focus on its core industrial operations.

Chief Executive Officer Igor Sechin of Rosneft bought more shares in the state-controlled firm, increasing his stake to USD 65 million.