Even for just trying to get a deal done, US stocks rebounded with modest gains after a day of volatility.
Legal & Regulatory
Fitch may downgrade US rating due to political brinkmanship
Fitch is allowing itself until the first quarter of 2014 to determine if US credit rating needs to be downgraded.
Insider trading jury of Mark Cuban to deliberate on case
Jury deliberations on the insider trading case against Mark Cuban started Wednesday. The jury had begun deliberations for the insider trading case of NBA Dallas Mavericks owner Mark Cuban.
Twitter chooses NYSE
In its amended IPO filing, Twitter would be listed with the NYSE and also reported increased revenues and user base despite mounting losses.
Grupo BTG Pactual obtains regulatory approval for Mexican outlet
Grupo BTG Pactual got regulatory approval to open a broker-dealer unit in Mexico. Brazil-based Grupo BTG Pactual received approval on Monday from regulatory authorities to establish a new broker dealer operation in Mexico.
Latest News
Senate Congressional leaders from both parties have progressed as to reaching a deal on the debt ceiling and the budget impasse.
Stock markets in Europe fluctuated wildly amidst the uncertainty of the US finalizing budgets for its debt servicing and other governmental services.
In a survey conducted over UAE small and medium enterprises, over 80% would hire more employees in the next six months.
If the US fails to pass legislation to increase the debt limit, then the global economic system would be tremendously affected.
Naveen Jindal is the latest personality included in the ownership dispute of Positiv TV. Congress Member of Parliament and Industrialist Naveen Jindal was recently included in an ownership dispute between the shareholders of Positiv TV.
US Senators were still in negotiations regarding an agreement to reach a fiscal On Sunday, US Senate negotiations to end the fiscal crisis of the country showed signs of progress.
ICAO supported certification requirements now in place for new airlines for Indian air carrier applicants.
Because of price caps and channel disruptions, the Indian drug market still is continuing its negative growth pattern.
The proposal of the Brazilian Stock Exchange to form a takeover panel has gained the support from investors and the Brazilian finance regulator.
