Renault and Donfeng Motor Group hoped to close a deal worth US$1.6 billion this month. On Monday, Renault, a French carmaker, and Dongfeng Motor Group hoped to end up with a deal later this month.

TPG was about to purchase TSL Education for GBP400 million because it was attracted by TSL's network of 52 million teachers.

Nairobi Securities Exchange offered exchange-traded funds for individual investors. The Capital Markets Authority said in an emailed statement that the Nairobi Securities Exchange would be offering exchange-traded funds.

CFR Pharmaceuticals has embarked on a South African road show starting June 08. Chilean generic drug producer CFR Pharmaceuticals has embarked on a South African road show starting June 08.

Oil prices and dividend yields causes rise in Russia stocks, says Citigroup analyst. Russian stocks were driven by dividend yields and oil prices, according to analysts in Citigroup.

Retail Holdings wanted an IPO up to US$200 million for Singer Asia. Retail Holdings NV was reported to seek up to US$200 million in an upcoming initial public offering of Singer Asia Ltd, said three anonymous sources.

Greece was expected to receive Eur8.1 billion from Euro-area finance ministers. Euro-area finance ministers were expected to approve Greece's newest disbursement of bailout assistance.

Kenai stockholders approved Serabi Gold plc's proposal to acquire their whole share capital. Serabi Gold plc announced that Kenai Resources Ltd's stockholders favored its proposal to purchase the whole share capital of Kenai.

Fiat exercises option to buy additional 3.3% Chrysler shares from the United Auto Workers union's VEBA.

A Chinese insurance company agreed to acquire the London’s Lloyds building for US$388 million. A Chinese insurance corporation decided to purchase the Lloyd's of London building worth GBP260 million equivalent to US$388 million.

The European Union and the United States begun their talks about world's largest trade and investment relationship.

US Federal Communications Commission has approved Softbanks' US$21.6 billion acquisition deal for Sprint.

South Korea issued a bond-market aid package. South Korea announced that it would issue a bond-market aid package to increase liquidity in the market. This package was called primary-collateralized bond obligations, according to an emailed statement from the Financial Services Commission (FSC).

Indian investments in the US have surpassed a record of US$11 billion according to a study by the US India Business Council.

International lenders for Greek Aid are close to wrapping up talks International lenders for Greek Aid are close to wrapping up negotiations to unlock Eur8.

UK stocks rose to their highest in 6 months There was a rise in United Kingdom stocks this week, the biggest weekly gain seen in six months. There was an increase of 78.

Avnet Inc expressed their interest in acquiring MSC Investoren GmbH Avnet Inc announced that they have entered an agreement to acquire MSC Investoren GmbH (MSC Group).

Teralys Captial announced its plan to invest $50 million through Cycle Capital and EnerTech. Teralys Capital Management had announced a Can$50 million investment in the clean technology sector of Québec.

McAfee announced the completion of acquisition of Stonesoft via tender offer McAfee announced the acquisition of Stonesoft via the completion of the tender offer that was announced last May 6.

A study has found that Academic endowments to Africa outperformed the US S&P 500 in the past decade.

A Mervin Davies led investment group is showing interest to bid for part of the stake in Lloyd's Banking Group

ING announced that they are selling their stakes in Chinese joint venture ING-BOB to BNP Paribas Cardif.

Scale mattered in recent TV deals. On Monday, the fresh-out of bankruptcy Tribune Company, bought 19 stations from Local TV Holdings. This deal amounted to US$2.

Macquaire fund agreed to purchase Theolia The Macquaire fund, owned by Australian bank, Macquaire, agreed to purchase Theolia, a French wind power group.

Fed's reduced bond buying threat resulted in fund withdrawals from several investors. After the Federal Reserve announced that it may slow down the pace of its asset purchases this year, several investors reacted by withdrawing their investments in mutual funds.

Shazam announced that they were able to secure a US$40 million funding from America Mobil Shazam announced that they were able to raise US$40 million for funding from America Movil.

Global venture capital financing increased globally last quarter according to a report by Preqin. Global venture capital had reached late 2012 levels of financing, increasing the numbers to US$10.

S&P lowered SoftBank's rating after winning the bid on Sprint. According to a statement by Standard & Poor, SoftBank ratings were lowered from BBB to the highest non-investment grade of BB+, with a stable outlook.

Oregon introduced its “Pay It Forward” student loan program, a hybrid between the old college loan model and Peter Thiel's investment approach.

A Chinese Insurance Company bought the Lloyds' building in London for US$388 Million A leading Chinese insurance company agreed to buy the Lloyd's Building in London.