Because of findings by gaming authorities as to alleged Russian mob ties, Caesars Entertainment drops Ganesvoort Hotel from its partner-investors listings.

A total of USD13 billion is to be paid out by JPMorgan under the tentative settlement agreement forged with US authorities related to mortgage backed securities.

According to banking sources, the Financial Times said the IPO of UK's Royal Mail was underpriced.

Bernie Madoff's sons were vindicated for the civil case over the properties of their father in the UK.

The five year ban on holding public office for Silvio Berlusconi was upheld but reduced from five years to two years.

Software maker SAP on Saturday said it would be reducing the development capacity of Business By Design, a software product targeted to small and mid-sized business customers.

Artworks of British renegade graffiti artist Banksy became popular overnight in New York as city authorities had tried in vain to catch him for vandalism charges.

Twitter's major stakeholders would benefit from the initial public offering should the social media company's debut would succeed.

Yahoo decided to keep more of its stake in Alibaba after the latter would go public. Yahoo amended its planned share sale of its holdings in the Alibaba Group and decided to keep a larger stake of the Chinese e-commerce firm.

Rivalry between Google Inc and Facebook Inc seemed to have thawed after the former announced its partnership with the latter on aiding clients to purchase ad inventory.