Several local and international banks come together to provide a loan facility worth USD880 million for Atlantis, The Palm.

A memorandum of understanding was signed for the financing of SsaangYong Motor in Korea. A memorandum of understanding was signed between Mahindra Finance and Woori financials.

The news media report on Volkswagen CEO's retirement was dismissed in another news report. Ferdinand Piech, Chairman of Volkswagen, dismissed a report in the media stating he would be quitting his post at Volkswagen, the largest automaker in Europe, soon.

Edge Products, the manufacturer of high quality parts for vehicle manufacturers, recently filed for Chapter 11 bankruptcy protection.

As the fruition of months of planning and years of animosity, China and Taiwan formalizes the two way cross border transaction system for companies trading in the yuan.

Matrix, the leading efficient energy management company, was purchased by E.ON Connecting Energies for an undisclosed amount.

Rothesay Life Insurance, the British insurance operations of Goldman Sachs Group, had agreed to sell 30% shareholdings to GIC and Blackstone.

Banca Carige was advised by the Bank of Italy to make changes in policy and personnel as it prepares for regulatory changes for next year.

The Vehicle Production Group is under new management as AM General purchased the DOE denominated debt.

According to a recent Lipper report, there have been fifteen weeks of outflows recorded for 2013. There is a continuous decline in the outflows from US municipal bonds, with numbers dropping below USD1.

The Vaca Muerta oil field is set to be offered for bids by the regional authority of Patagonia, Argentina.

FNB Capital Partners would focus on investing in mezzanine debt, private equity, subordinated notes and other financial instruments.

Traditional insurer American Family Insurance buys out online insurance provider Homesite Group Inc for USD616 million.

Mercato Partners with other institutional investors provided USD30 million for an oversubscribed Series B financing round for Ingram Medical.

StartX had partnered with Stanford University and Stanford Hospitals and Clinics for a grant accelerator fund for Stanford affilated entrepreneurs.

German publisher Axel Springer withdrew from the race to bid for 30% of Deutsche Telekom's Scout24.

Caixa Seguros bidders whittled down to two. The government of Portugal had decided to include two companies as bidders for the privatization of insurance arm of state bank Caixa Geral de Depositos.

Wishabi's digital circular platform is what investors saw fit to be capitalized in its Series B round.

Zuora received another USD50 million in capitalization making the total capital financing received at USD132.5 million.

Private investment firm Bregal Partners announced the purchase of US Community Behavioral LLC. Bregal Partners had announced the acquisition of US Community Behavioral LLC.

Supply chain services expert syncreon welcomes new investor Centerbridge Partners into the fold. One of the world's leading providers fo customized supply chain services, syncreon Holdings Ltd, announced it had formalized an agreement with its shareholders with Centerbridge Partners as to the latter's minority investment in the firm.

Hearsay Social, through investors Sequoia Capital and NEA, raised another USD430 million for its funding requirements.

In a surprise decision, Hyundai Rotem withdrew its IPO citing weak market conditions and industrial disputes.

Qualcomm and Samsung offered to the public the Toq and Galaxy Gear as an alternative to the smartphone.

Osram Licht AG, RTL Group and Evonik Industries would be moved to the MDAX of the Frankfurt bourse. Three major German firms would be added to the country's mid-cap index MDAX after their stocks were floated in the Frankfurt Stock Exchange in the earlier part of the year.

In a town hall meeting, Jeff Bezos reassured the editorial staff of his recently purchased Washington Post of optimism in the digital age and continued independent journalism.

The Hudson Clean Energy Partners had invested USD6 million to Siicor Materials for the latter's expansion plans.

The CIT Group's subsidiary CIT Bank provided financing assistance for TruckPro in its acquisition of CCI Corp.

iZotope Inc received USD12 million from ABS Capital Partners. One of the leading audio technology company announced a USD12 million investment from ABS Capital Partners.

The acquisition of Hawaiian Beach Rentals and Vacation Rental Agent by VacationRoost Group expands the client services available to the public.