Audi sees trade talks as chance to cut back on rules set by U.S. regulators Manufacturer of advanced lighting systems, Audi AG, sought the approval of futuristic headlights which will automatically dim for oncoming vehicles, which are set to be sold in the US.

The U.S. Treasury is being sued by Perry Capital LLC over its handling of Fannie Mae and Freddie Mac.

According to a person familiar with the matter, Steven Cohen would remain under investigation even after prosecutors missed a late July deadline for charges labeled as the largest insider trading in history.

Wal-Mart’s expansion to India was stalled after stating that the company needs around 12 to 18 months before it can open its first retail outlet in the country.

Germany's Bundesbank head says that the ECB cannot solve the current Eurozone crisis. According to Bundesbank Chief Jens Weidmann, the European Central Bank cannot solve the current Euro Zone crisis.

To prevent cross border issues, the European Banking Authority stands to create a database on bankers and key bank functions for sharing between countries.

The PSE President Hans Sicat says sales record still achievable within the year. According to the Philippine Stock Exchange, the target for record shares sales for 2013 is still achievable.

Former Provident executives were sentenced to jail after pleading guilty for investment fraud. According to United States attorney John M. Bales' statement today, four executives from Provident Royalties, Inc.

The IRS proposed reform for the money market fund industry is set to tackle tax matters. On Wednesday, the US Internal Revenue Service recommended new regulations.

The Reserve Bank of India announced new guidelines regarding the 'ownership' and 'control' of FDIs in the country.