Finnish IT services provider Tieto had planned to reduce its workforce by a further 5% following last year's job reduction, said a report from Reuters.

Danske Bank dismissed its Head of Treasury Steen Blaafalk. According to a Bloomberg report, Danish lender Danske Bank had fired its Head of Treasury Steen Blaafalk.

Facebook Inc. had agreed to buy Onavo, an Israeli startup app-maker company, said a report from Reuters.

US Senators were still in negotiations regarding an agreement to reach a fiscal On Sunday, US Senate negotiations to end the fiscal crisis of the country showed signs of progress.

TCS Group priced the IPO of Tinkoff Credit Systems from USD 14 million to USD 17.50 for every global depositary receipt.

Chinese tycoon Tong Jinquan would be purchasing SGD 200 million shares in Viva Industrial's SGD 375 million Singapore IPO.

Tropical Storm Octave could flood some parts of Texas when it makes landfall sometime this week. According to The Inquisitor, Tropical Storm Octave could bring heavy rains and potential flooding in the Southwestern portion of the US.

More than 380 people were arrested in a race riot that occurred Sunday in Moscow. Police authorities in Moscow apprehended more than 380 people in a race riot on Sunday.

Porsche released teaser photos of its 2014 sport utility vehicle or SUV model, the Macan. German carmaker Porsche released teaser photos of its 2014 Macan for its fans.

The 2014 Macan would be unveiled by Porsche at an auto show in Los Angeles in 37 days. Porsche would be unveiling the Macan in 37 days. The 2014 SUV model would be shown at an auto show to be held in Los Angeles.

Minnesota-based St. Jude Medical purchased California-based Nanostim Inc for a price tag of USD 123.5 million.

Baring Private Equity Asia completed its acquisition of India-based outsourcing firm Hexaware Technologies.

Philippines-based Del Monte Pacific agreed to acquire San Francisco-based Del Monte Foods Co for USD 1.68 billion.

The Telegraph reported that several private equity groups were invited to bid for a controlling stake of Ambassador.

The proposal of the Brazilian Stock Exchange to form a takeover panel has gained the support from investors and the Brazilian finance regulator.

The American retail banking unit of the Royal Bank of Scotland would be worth more if sold, according to a Wall Street banker.

Alibaba planned to transform with the Chinese retail industry by increasing online transactions to almost USD 490 billion.

US veterans had protested in Washington last Sunday in fear that their benefits might be affected if no agreement would be reached to end the partial shutdown of the government.

Europe's clean energy investment had fallen 14% after cheaper US natural gas had lured more investment, said a London-based research firm.

The Wall Street Journal reported that Netflix was in early-stage talks with US cable companies to make its streaming video service available to subscribers using their set-top boxes.

Angola would be imposing a 10% tax on oil firms operating in the country. Angola, the second largest oil producer in Africa, would levy a consumption tax on oil companies.

The stocks of Australia and New Zealand fell as the deadline to settle debt for the United States looms near, said a report from Bloomberg.

The Japanese Yen had increased versus all its major peers as no progress was seen between US President Barack Obama and the House Republicans to end the US shutdown.

The temporary increase of the food stamp program would end by the end of this month. The temporary stimulus for the Supplemental Nutrition Assistance Program (SNAP) would expire by the end of the month.

The helmets for the F-35 fighter jet would have high-tech features that allow pilots to see through the wings and floor of the F-35.

Israel-based Elbit Systems would be making the pilot helmets for the F-35 Joint Strike Fighters. The pilot helmets for the F-35 Joint Strike Fighter would be exclusively manufactured by Israel-based firm Elbit Systems and its US partner, Rockwell Collins.

Social Security continued to wait for their benefit increase announcement for their cost-of-living adjustment.

US Senators struggled to end the partial government shutdown as the nation's deadline on incurring a default on debt draws near, said a Reuters report.

Air France-KLM, a top shareholder in Italy’s Alitalia, did not make a clear position regarding a proposed capital increase to save the near-bankrupt air carrier.

According to German paper Welt am Sonntag, Deputy Chairman Guo Ping of Huawei said that the telecoms network does not intend to engage in any takeover plans.