Microsoft cut the Surface pro tablet's price by US$100 after the tech giant revealed that marketing the tablet cost more than the earnings it brought in.

Howard Bicker, the head of Minnesota Retirement Fund, announced his retirement, leaving the agency in search of a replacement.

Guy Hands stated they were mulling either a float on the London stock exchange or an outright sale of Infinis.

Facebook paid US$1 million to security researchers for the last two years. Facebook, a social networking titan, said it paid more than US$1 million to security researchers within the last two years.

Sources said Red Fort Capital is to launch a real estate fund worth between US$500 million and US$750 million.

Analysts said that US President Barack Obama's ruling could aid the sales of Apple and could be Samsung's setback.

Analysts said that Google's Moto X would not be enough to aid it in establishing a stronger presence in the growing smartphone market.

Quick Heal revealed its plans to go public next year. Quick Heal Technologies, a security software developer, announced it intends to launch an initial public share offering in India.

Facebook hired Gary Briggs from Google's Motorola Mobility as its first ever marketing chief. Facebook hired Gary Briggs, Motorola Mobility's former chief marketer, to be the social networking site's first ever chief marketing officer.

Fitness First executives stated they would be investing GBP77.5 million into the company's operations in a bid to enhance their presence worldwide.

Unitech stated that it is mulling deals from at least two international private equity firms for its 3.6 million square feet special economic zone property in Gurgaon.

Rural/Metro Corp. filed for Chapter 11 bankruptcy protection at the U.S. Bankruptcy Court in Wilmington, Delaware on Sunday.

A group of investors led by Alan Hughes stated that they are prepared to purchase 315 bank branches for GBP1 billion from the Royal Bank of Scotland.

HealthCare Global and DM Healthcare revealed that they have offered separate bids for the Actis owned Sterling Hospitals.

Marubeni stated that their latest deal into the renewable energy industry was to acquire a 25% stake in Mainstream.

SpiceJet has accepted Niel Mills' filing for resignation as CEO of the budget carrier. Indian budget carrier SpiceJet announced today that it accepted its chief executive officer's resignation request.

The US State Department announced an international travel alert for terrorist attacks in the Middle East, North Africa and South Asia.

The consulate of Haiti in Montreal created an investment mission which will be attended by many prominent names in Quebec's investment industry.

After fearing US sanctions, Pakistan decided to ask Iran's government to finance a USD8.1 billion gas pipeline project.

Seair announced today that Jim Laird is its newest chief financial officer. Proprietary technology and gas diffusing equipment developer Seair Incorporated announced today that it named Jim Laird as its latest chief financial officer.

The Indian finance head attempted to gather support from opposition leaders for the passing of insurance and pension sector bills.

The European competition authority intensified its scrutiny on Google's search results as competitor blocking concerns in search results were raised by search engine rivals.

The Florida Office of Financial Regulation closed down the First Community Bank of Southwest Florida in Fort Myers.

Facebook believed that advertisement price US$2.5 million per day was reasonable considering the potential of 1 billion users watching the 15-second long video ad.

Barron's said the second quarter of 2013 is the golden era for IPOs. The second quarter of 2013 showed a lot of companies presented their initial public offerings (IPO).

The stocks of LinkedIn surged up to 10% today even with trailing revenue projections. Today, LinkedIn stocks rose up to 10% after the company reported its second quarter earnings.

In the company's latest shareholders meeteing, new officers were elected and new provisions were approved.

The Japanese debt watcher raised the Philippines' credit ratings recently. Rating and Investment Information Inc, a debt watcher from Japan, recently upgraded the Philippines' credit outlook from "stable" to "positive" due to progressive changes in the country's fundamentals.

Luxury wine brands said they will be investing in China. Big names in the wine industry such as Chateau Lafite-Rothschild and Dom Perignon announced today that they will pursue investments in China's rural areas.

China's top decision-making body said that it will work to ensure the growth of its economy. The Politburo, China's top decision-making body, declared that it will ensure the growth of its economy.