In a bid to maximize benefit from high consumer demand, SABIC issues a five year dollar denominated bond projected to be worth USD1 billion.

Hong Kong's adherence to its rules may force the IPO of Alibaba to be done elsewhere. The largest shareholders of the Alibaba Group have backed the partnership structure proposed by the company that was the central issue of a debate as to the permission to list its shares in the bourse.

Avianca Holdings SA Chairman German Efremovich had offered shares of his company to back up loans made for the airline's expansion.

In an unprecedented sweep, several Japanese firms and their executives have been charged with conspiracy to undertake price fixing and agreed to settle amounts with the US Justice Department.

New product offers have been made by NASDAQ OMX such as USD10,000 contracts for its clients in the currency market.

Royal Park claims fraud in the marketing and sale of residential mortgage backed securities. A suit was filed against the Credit Suisse Group AG in New York for USD359 million worth of residential mortgage-backed securities.

OAO Gazprom Neft, the Russian state owned natural gas giant, has been shopping around for lower interest rate termed loans.

NY Knicks rehired Steve Walls as its new president after the appointment of Steve Mills. Steve Mills had completed his return to the NBA as the new President and General Manager of the New York Knickerbockers.

Fibrocell Science's market value fell after it offered 11 million shares of stock. Fibrocell Science shares fell in market value after the company had announced it would be selling 11 million shares of its stock.

Porvair purchases Thomas Cain and forges deal with Thermo Electron. Filtration and environmental technology group Porvair Plc have announced last Thursday the acquisition of Thomas Cain Inc.

The China Banking Regulatory Commission had sought opinions to allow companies to set up financing firms that offer loans for retail purchases under certain parameters.

Carl Icahn had set to meet Tim Cook to discuss the future of Apple. Billionaire activist investor Carl Icahn would be meeting Apple Inc CEO Tim Cook on September 30 in New York.

TVV Capital's acquisition of Pitonyak Machinery Corp serves to complement an earlier acquisition for the buyout firm.

The executive council had earmarked funds for construction of hospitals and roads in Abu Dhabi. The executive council of Abu Dhabi last Wednesday approved funds worth AED15.

Sofitel would be opening hotels in Qatar and Saudi Arabia. Sofitel, the luxury hotel brand, is owned by French company Accor, was said to be in active discussion to sign new hotels located in Qatar and Saudi Arabia.

JPMorgan Chase & Co are deep in the negotiations to settle the probes conducted at the state and federal levels.

The major technology bourses NYSE Euronext and NASDAQ OMX Group was required by regulators to improve the technology as to back up feeds.

The fund formed to assist British businesses had decided to invest in VTL Group, the manufacturer of precision engineered car parts.

CI Financial acquired the majority stake in Marret Asset, with an option to purchase the remained after three years.

Because of the increase in fines and penalties payable for the second half of 2013, JPMorgan Chase's share repurchase plan may be put on hold.

Alibaba, the largest e-commerce company in Chins, is set to register at the New York Stock Exchange.

Prem Watsa, the Canadian Warren Buffett, expressed confidence as to his consortium's bid for the floundering Canadian smartphone maker.

JC Penney is now deep in plans to increase its cash reserves and financial well-being through loans and other means.

In a bid to reduce complexity and increase profits, Barclays is shutting down its wealth management services in 130 countries.

The USD4.7 billion bid by Fairfax for BlackBerry would be backed up by loans, equity investments and its own shares in the smartphone maker.

France and the European Union are conducting inquiries as to the tactics employed by Apple that would violate antitrust regulations.

Urban Compass would provide locations of possible apartments for rent using online database. Ori Allon, who sold two internet start up companies to Google Inc and Twitter respectively, has laid out plans to announce a USD20 million funding round for a firm that sifts through complex databases, this time for New York city apartment rentals.

Health Management Association is reviewing the takeover bid offered by Community Health Systems. The new board of directors of Health Management Associates Inc had hired financial advisers to review the USD3.

The proceeds for the 3.3 million shares in Chatham Lodging Trust sale would be used for debt payment and general corporate purposes.

Opus Global Holdings is partnership between GTCR and Douglas Bergeron to deliver Leaders Strategy for firms.