The Carlyle Group obtained approval from the Southwark Council Strategic Planning Committee for the South Bank development project.

In a move set to gain further foothold in the Chinese financial services sector, Alipay's parent company purchases asset manager.

After its review under the Global Financial Stability Report study, Italy, Spain and Portugal stand to be financially distressed because of their exposure to possible loan defaults from corporations.

Jet Airways and Etihad Airlines literally went through the proverbial eye of the needle, through the eye of the storm and weathered a broken camel's back to finalize its deal.

Libyan Prime Minister Ali Zaidan had been kidnapped by a revolutionary group from Tripoli and was taken at dawn into an unknown destination, said a Bloomberg report.

US President Barack Obama directed government lawyers to find an immediate way to resume payments for the families of killed soldiers in Afghanistan, said a Reuters report.

Spinal medical device company LDR Holding would hold an IPO over five million shares of common stock this week.

The late release of government subsidy for the IFC backed Simran Wind Project Pvt forces it to shelve expansion plans.

MTN and Vodacom may be forced to cut back its business should no compromise be met on mobile termination rates.

The Southwark Borough Council of London approved the proposed real estate development plan proposed by the Carlyle Group on the southern bank of the Thames River.