Egyptian telecoms magnate Naguib Sawirirs said that the unclear telecommunications policy in Canada would jeopardize foreign investment.

The shares of Australian building materials maker Boral Ltd had surged after the announcement of a joint venture with US peer USG Corp valued at USD1.6 billion.

State oil company PDVSA and Spain's Repsol had been in talks regarding a venture funding in Venezuela, said a report from Reuters.

Australia's Boral Ltd and US peer USG Corp had announced a joint venture which would be equally owned by 50% of each company, said the companies in a statement.

Family owned natural gas exploration and production firm Rice Energy had been preparing for an IPO to be launched early 2014, said sources that were familiar with the matter.

Swiss luxury group Richemont received a non-binding offer from Change Capital Partners for its leather goods maker Lancel, said sources who were close to the matter.

The staff of Royal Mail Group Ltd. had voted to go on strike after less than a week the company had launched its IPO, claiming the public debut would put jobs at risk in the company.

Deutsche Bank trader Troy Dixon was said to leave the bank and start his own hedge fund, according to sources who asked not to be identified as the matter was held private in nature.

Knight Capital Americas LLC had agreed to pay USD12 million with US Securities and Exchange Commission for an erroneous trading incurred last August 2012 which brought the company to the brink of bankruptcy.

Dutch cable company Ziggo had rejected the preliminary takeover offer from Liberty Global Plc saying that the bid was inadequate, reported Bloomberg.

The bipartisan leaders of the US Senate had finally agreed to end the partial shutdown of the United States and raise its borrowing authority, said a report from Bloomberg.

JP Morgan Chase & Co. had admitted wrongdoing and agreed to pay USD100 million settlement regarding the disastrous London Whale trade, said a report from Reuters.

Renaissance Capital had announced the launch of an exchanged-traded fund (ETF) IPO on the NYSE Arca Exchange.

The sale of GE Money Bank was a move from General Electric to retreat from the finance sector that would value the company up toCHF1.53 billion, said a report from Reuters.

Kenyan retailer Naivas said that it had ended its talks with Massmart, a Wal-Mart Stores Inc. subsidiary in East Africa.

People familiar with the matter told Bloomberg that Edgewood Partners was looking for bidders for the insurance firm.

Imperial Capital Group backed STI Technologies with a USD 17 million investment. Toronto-based Imperial Capital Group announced its USD 17 million investment in reimbursement card provider STI Technologies.

Pharmaceutical firm G1 Therapeutics scored USD 12.5 million from MedImmune Ventures and other investors in its Series A funding round.

Texas-based private equity firm Cotton Creek Capital bought Royal Baths Manufacturing for an undisclosed amount.

PPF Group, a Czech investment group, had discussed with Telefonica regarding a possible acquisition deal for the Spanish telecoms' unit in Czech Republic.

The China Securities Regulatory Commission approved the application of China Everbright Bank Co to hold a share sale overseas and raise USD 2 billion.

Biopharmaceutical firm SAGE Therapeutics scored USD 20 million from ARCH Venture Partners and Third Rock Ventures in its Series B funding round.

Vivendi, a French mass media company, said it would acquire USD2.7 billion of its U.S. dollar-denominated debt after it received payment for its stake sale in Activision Blizzard.

Monte dei Paschi foundation had been in discussions with the Italian Treasury regarding a stake sale deal, said sources in a Reuters report.

Advance Auto Parts would acquire General Parts International to form the largest automotive aftermarket parts provider in North America.

AXA sold EUR 350 million or USD 474 million in catastrophe bonds, the largest bond offering of the securities designed to protect insurers from the risk of payouts for extreme storm damage.

Web company Nginx Inc closed its Series B financing round with USD 10 million in capital commitments.

According to a magazine report, Liberty Global had been planning a complete takeover of Dutch cable company Ziggo.

TPG Capital together with Ivanhoe Cambridge bought Europe-based P3. TPG Capital and Ivahoe Cambridge Inc of Montreal bought warehouse landlord P3 Plc from Arcapita Bank.

Stamos Capital Partbers reacquired its stakes from Merrill Lynch & Co and its two other partners. Stamos Capital Partners conducted a management buyout of the stakes held by its two partners and Merrill Lynch & Co.