The Central Bank of Ireland assured the public that it had been pursuing an alternate solution to bail out Newbridge Credit Union after talks of a merger with Naas Credit Union had failed.

Germany's coalition government formalized a measure to provide funds and expertise for a European bank to manage the loan agreements and if necessitated, closure of banks.

Since the Facebook bungle, Nasdaq had been hard pressed to recover to list more tech IPO stocks in its fold.

Market acceptance at an IPO lull period is the message Twitter sent to all fellow start ups. The initial public offer of Twitter had sent a powerful signal to technology executives reviewing market floats of Silicon Valley startups.

Hannes Smarson is facing embezzlement charges is his role in the misappropriation of funds from FL Group hf during his time as its chairman.

The Hustle, as it was known, rewarded volume instead of quality for mortgages sold by Bank of America to Fannie Mae and Freddie Mac.

A new issue had arisen between the epic patent infringement battle between Samsung and Apple. A judge has found that Samsung violated a court ordered agreement as to the secrecy of Apple documentation filed on the case.

A diplomatic stand off between Australia and Indonesia was averted when the Australian Immigration Minister had ordered the boat people be brought to Christmas Island.

Cargill India to construct industrial factories located in Punjab. Cargill, the agriculture firm, announced recently the preparedness in constructing INR 100 crore ultra modern feed plant located int he Malwa belt in Punjab.

Bo Xilai's political supporters have formed a political party named Zhi Xhian Party where Bo Xilai was named as 'chairman for life'.