Former Lloyds Banking Group Plc executive Andrew Geczy was appointed as new Head to the International and Institutional Banking division.

Retailer Tesco would try to compete in the digital downloads market through the release of its own iPad-like tablet computer.

Remeditex Ventures and Velocity Pharmaceutical Development(VPD)announced the signing of a collaboration agreement.

Technology stocks experienced a fair gain with the help of Intel, Facebook and Apple. The technology market experienced a fair increase in the stock market, thanks largely to current top share gain leaders Intel Corp.

Web analytics experts said Google outage for a few minutes resulted to a 40% slump in the global internet traffic and a loss of USD500,000.

Zillow Inc. announced acquisition of StreatEasy for USD50 million as it moves to expand in the New York market.

Ten more Slovenian banks would undergo external stress tests commissioned by the Slovenian central bank.

Cobalt announced failure in Gulf of Mexico oil exploration site. Cobalt International Energy Inc. announced on Monday that their expedition for oil in the Gulf of Mexico failed.

Google was recently awarded the patent to utilize an eye-tracking technology that could establish a pay-per-gaze advertising system.

Chinese drilling services Sino Australia Oil & Gas Ltd. cites 'Market Volatility' in Asia for delayed Initial Public Offering.

St. Jude Medical bought Endosense for USD331 million. St. Jude Medical Inc. recently acquired Endosense SA for USD 331 million to add to the former's electrophysiology portfolio.

According to sources, Lloyds Banking Group has prepared the sale of Heidelberger Leben to Hannover RE, following disposals of other businesses in the overseas market.

Ares Management and Ontario Teachers'Pension Plan said it will buy building products firm CPG International Inc.

Samsung and Sony would introduce their new devices in September 2013, ahead of Apple's iPhone launch.

Hon Hai signed a sales partnership deal with the convenience stores of 7-Eleven in Taiwan to expand its television enterprise.

The United States asked Japan to give foreign companies more access to its auto and insurance markets.

Re/Max Holdings Inc filed for a USD 100 million IPO of its Class A common stock. Colorado-based real estate firm Re/Max Holdings Inc filed with US regulators to raise funds through an initial public offering.

Former Union Square Advisors Partner and COO, Elias Mendoza, is Siris Capital Group's new Managing Director of Investment Development and Strategy.

Miami-based drug developer Opko Health, Inc. will enlist in Tel Aviv Stock Exchange to acquire Israeli drugmaker, Prolor Biotech, Inc.

Recent survey results conducted by Chinese economists feared that the local government loans will amount to future problems for the state.

Beats spoke with unknown investors to buy out HTC's minority stake. The Wall Street Journal quoted an anonymous source about Beats Electronic buying out its minority stakeholder Taiwan's HTC.

Banking regulations discouraging excessive use of retail credit cards caused Turkish equities to drop.

The state government of Hong Kong said that the second quarter jobless rate falls within expected estimates.

The Warsaw Stock Exchange agreed to buy a 30% stake in start-up Aquis Exchange for GBP 5 million. The Warsaw Stock Exchange (Giełda Papierów Wartościowych w Warszawie or GBP in Polish) agreed to purchase a partial stake in Aquis Exchange.

Company filings revealed that W&G Investments will be offering a share sale tomorrow as part of its due diligence requirement for its planned bid of RBS branches.

Atlas Copco said it would purchase Edwards Group for up to USD 1.6 billion. Sweden-based Atlas Copco announced its plans to acquire Edwards Group. The deal, worth up to USD 1.

The Singapore government disclosed plans of improving social programs to alleviate economic strains.

South African firm Sasol Ltd sold its stake in Arya Sasol Polymer Co to Main Street 1095. Sasol sold its 50% stake in Arya Sasol Polymer Co, its Iranian unit.

Austrian energy company OMV purchased several stakes in Norway's Statoil worth at least USD 2.65 billion.

Kentz Corp said no to takeover offers from rival AMEC Plc and Germany-based M+W Group. Kentz Corporation Ltd rejected approaches from AMEC Plc and M+W Group to take over the engineering firm.