Fosun International partnered with Kerzner for a hotel project worth nearly CNY 10 billion on China's Hainan Island.

The Carlyle Group obtained approval from the Southwark Council Strategic Planning Committee for the South Bank development project.

Investors in CSPC Pharmaceutical Group Inc have offered shares for sale in order to raise funds. The affiliates of Hony Capital Ltd have sought to raise USD260 million through the sale of shares in CSPC Pharmaceutical Group Ltd.

Peabody Energy Corp had finalized an agreement for bankrupt Peabody retiree health care benefits. CORRECTION: Removes reference that Patriot Coal is a subsidiary of Peabody Energy.

In a move set to gain further foothold in the Chinese financial services sector, Alipay's parent company purchases asset manager.

In a meeting with analysts, HP CEO Meg Whitman said she is confident of the firm's direction with an expectation that revenues would stabilize in the long run.

Former Vinik Asset Management colleague opens Kopernik Global Investors through seed capital from former boss Jeffrey Vinik.

After its review under the Global Financial Stability Report study, Italy, Spain and Portugal stand to be financially distressed because of their exposure to possible loan defaults from corporations.

Jet Airways and Etihad Airlines literally went through the proverbial eye of the needle, through the eye of the storm and weathered a broken camel's back to finalize its deal.

For the third straight quarter, India's consumer goods market had declined and this was attributed to a larger number of market players and declining consumer spending ability.

After a Moody's advisory, Winsway was able to leverage a buyback of its bonds at a third of its original value.

For the price of USD1.6 million, Lionbridge Technologies gains a foothold in the Chinese market as well as expand its revenue clientele through the acquisition of E5 Systems.

After receipt of shares in Seagate Technology as payment, Samsung is now reselling the shares back to the Dublin based firm for USD1.51 billion.

Rhiag had entered into definitive agreements for its acquisition by Apax Partners through its Apax Fund.

In its latest Series A funding round, TempoDB would be expanding and developing its sensor and measurement data storage systems.

Spinal medical device company LDR Holding would hold an IPO over five million shares of common stock this week.

Former Blackstone Group unit Stonepeak Infrastructure Partners raised an oversubscribed fund totalling USD1.65 billion.

The late release of government subsidy for the IFC backed Simran Wind Project Pvt forces it to shelve expansion plans.

MTN and Vodacom may be forced to cut back its business should no compromise be met on mobile termination rates.

Danish turbine maker Vestas Wind Systems A/S bond yields declined because of plans to sell off its machining and casting unit.

The largest insurance firm of Austria is set to sell off nearly USD 1 billion worth of new shares to fund its Eastern European expansion.

The Southwark Borough Council of London approved the proposed real estate development plan proposed by the Carlyle Group on the southern bank of the Thames River.

About GBP40 million was invested into Oxford Nanopore Technologies by new and old investors for the expansion of sales and manufacturing capacity of the company.

In a joint statement, Bharti Retail and Walmart dissolve their Best Price partnership in India. After weeks of speculation, Bharti Enterprises and Wal-Mart Stores Inc had announced that they are going on their separate ways for operations in the retail sector.

In a bid worth AUD1.5 billion, Westpac stands to acquire the asset finance and commercial lending units of Lloyds Banking Group in Australia.

A joint venture firm was agreed to be formed between Siemens AG and John Wood Group John Wood Group Plc, the energy service firm together with Siemens AG, the German industrial conglomerate, have announced the formation of a joint venture entity to create a globally integrated rotational equipment service unit.

Multiple issues regarding the imposition of collectible tariffs have affected the schedule of imported coal power plants of Tata Power.

HSBC issued a comprehensive report as to the effects of the Arab Spring with the Gulf countries' economies.

Under the leadership of CEO Tamim Al-Kawari, QInvest would move away from its non essential businesses to focus on buyouts and buyins for Qatari companies.

Aldar Properties, after being bailed out by the Abu Dhabi government, had discussed obtaining a bridge loan to pay off debts.