Legal & Regulatory
Dissenting investors to get IPO offer according to SEBI
India's capital markets regulator SEBI said it had been considering regulation changes to safeguard minority shareholders' interest in a company to use funds generated from an IPO aside from what was originally stated on its objectives.
Chinese domestic milk producers get state subsidy
A number of domestic milk producers were chosen by Chinese authorities as recipients of state subsidies and tax breaks.
Obama won’t negotiate on raising debt ceiling
US President Barack Obama said he would not raise the country's debt ceiling nor would he negotiate with congressional Republicans to give in their attempt to decrease funding for Obama's healthcare law.
Brazil and US appears to be star-crossed lovers: analysis
The US and Brazil ties were foiled again after Brazil President Dilma Reousseff retaliated over reports that the US National Security Agency had spied on her top aides along with her private communications.