CleanTech will be changing its name to EQCO2 to better reflect its objectives and operations. CleanTech Transit, Inc. announced that it would change its name to EQCO2, Inc.

EQT hired Morgan Stanley for the sale of Swedegas, a Swedish gas grid operator, for a deal valued at Eur500 million.

British Land Co. bought assets worth GBP470 million equivalent to US$707 million in a land adjacent to London's Paddington Station.

3i and Allianz Capital Partners considered putting the auction for Scandlines on hold after failing to agree on a price with the remaining bidder.

Banks computed risks differently, according to Basel Committee. The Basel Committee said that results of its study show variations in how 100 banks compute risk.

The International Monetary Fund approved Pakistan's US$5.3 billion loan to help the nation stabilize its struggling economy.

Japanese consumer electronics company Panasonic announced acquisition of stake at Gorenje, one of the largest household appliance makers in Eastern Europe.

Higher US bond yields were good news for investors. According to Mike Howell of CrossBorder Capital's managing director, "A steepening yield curve in almost every occasion is a response to improved economic times.

Daiwa House Industry Co. would raise about US$1.37 billion through share sale which would be the biggest stock sale by a property business.

Gunnebo Security Group announced acquisition of all shares in ATG Entrance Corporation, the company’s turnstile distributor in South Korea for 10 years.

Joe Galasso was named as the new Director of Sales at Alkame(TM) Water. Joe Galasso was named as the new Director of Sales at Alkame(TM) Water, which is a subsidiary of Pinnacle Enterprise Inc.

The European Union and China hope to defuse conflicts by negotiating about a solar panel deal. On Friday, the European Union and China were finally moving in the direction of a new contract.

Seibu Holdings Inc of Japan met with its top shareholder, Cerberus Capital Management LP last Friday along with two other big Seibu shareholders.

HTC Corp's increase in profit were expected to stop due to advancement in its bigger rivals' technology.

HSBC Holdings Ltd would exits its retail banking and wealth management business in Korea to focus more on the profitable enterprises.

CNOOC announced that they have signed a PSC with PetroBroad Copower CNOOC Limited announced that the China National Offshore Oil Corporation (CNOOC), its parent company, has signed a PSC or a production sharing contract with PetroBroad Copower Limited (PetroBroad Copower) to do work for Block 28/03 in Pearl River Mouth Basin.

Karim Kanji announced his resignation from Barclays Head of coal, dry-freight and iron-ore trader at Barclays Plc (BARC) Karim Kanji announced resignation from the bank.

Admeta announced the signing of a supplier agreement with BBC worlwide private ad exchange Admeta announced that they have signed a supplier agreement with BBC Worldwide to optimize and monetize the Good Food and Top Gear properties outside of the United Kingdom.

The Swedish government declared a deficit in June. The Swedish government declared a deficit in government payments amounting to SEK6. 4 billion in June, under SEK28.

Azimuth changed its board members prior to Troy Resources' takeover. Azimuth Resources Limited, a company involved in the exploration of gold and uranium in Guyana, announced that there would changes its board members prior to Troy Resources Limited's takeover of the company.

Etihad announced that they are near to closing deal with JAT Airways Etihad Airways announced that they are close to coming to an agreement over an equity investment with JAT Airways.

British Land announced its acquisition of a west London office complex over a deal priced at GBP470 million.

NTT DoCoMo of Japan still refused to make a deal with Apple resulting to the lessening number of customers.

According to sources, Cerberus Capital Management LP and Seibu Holdings Inc would meet to discuss possible listing on the Tokyo Stock Exchange said on Friday.

Panasonic Corp decided to close its Hungarian solar cell plant after the yen weakened and would transfer its equipment to other plants in Asia.

Telenor appointed Stein-Erik Vellan as CEO of Globul. Telenor announced Stein Erik Vellan as the new CEO of Globul, Bulgaria's second largest mobile operator, with a 36% market share.

General Motors wanted to compete with Japanese auto-makers who dominate Indonesia by launching its no-frills Spin van.

GDF Suez is highly considering taking an active role in a French bid GDF Suez is considering taking an active role in the French bid for the nuclear reactor project in Saudi Arabia.

Telecom Italia announced that it had ended contacts with Hong Kong based Hutchison and directed its focus to spin off its fixed network and make it an independent company.

1Malaysia Development Bhd acquired a local power plant for US$380 million. 1Malaysia Development Bhd (1MDB), a state-owned company, announced that it would pay an estimated US$380 million for the acquisition of a local coal power plant.