An impending economic crisis could have happened to Americans should US Congress and the government had not arrived at a debt ceiling agreement.
Regions
Alibaba knows big data crucial to expanding e-commerce biz
China-based Alibaba said it understood the importance of big data in driving its e-commerce business.
Dubai Land to launch website
Dubai Land Department's managing director announced the launch of its e-Market website during the GITEX Information and Technology Exhibition.
British court starts Libor hearings this week
A UK court had started to hearing evidence about the alleged London Interbank Offered Rate or Libor manipulation brought against Barclays and Deutsche Bank.
Copper interest in LME declining as evident in Rio Tinto report
Major mining operation disruptions this year in the British-Australian mining company Rio Tinto had reduced investor interest in copper on the London Stock Exchange.
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Grupo Ser Educacional SA had 30 days to comply with Brazilian regulator CVM in order to life the suspension of its planned initial public offering.
Global ratings agency Fitch ratings was confident that the US government would be able to fulfill its debt payments even if no agreement would be passed after October 17.
NBC had cancelled "Welcome to the Family" and "Ironside" after only three episodes.
US retailer Walmart fired and then gave an employee his job back after he helped woman who was assaulted in a company store parking lot.
Small business IT administrators were not pleased with manually updating each Windows 8 device to Windows 8.1.
For PCMag's Matthew Murray, Windows 8.1 won't be worth the upgrade for desktop fans. Matthew Murray, in an article in PCMag, said the recently-released upgrade to Windows 8 doesn't do much for traditional desktop users.
JPMorgan is nearing settlement of a suit filed by FHFA for mortgage related securities fraud. JPMorgan Chase & Co had reached a tentative agreement for the settlement of USD4 billion with the Federal Housing Finance Agency.
According to Previ CIO, the goal of the investments is not diversification and not returns. The largest pension fund in Latin America, Banco do Brasil SA, would be investing in US and European stocks.
With an average of USD6 billion revenues on 10% cost on equity, Morgan Stanley's CFO said the business is doing good.
