SCA Property's gearing, its debt to ratio assets, is projected to rise to 33% and can rise to as much as 40% according to its CEO.

Hedging against possible long term structural changes with Blackberry, Morgan Stanley has put on hold the purchase of new devices from the Canadian company amidst the turmoil the smartphone company is now facing.

AIG has sought to divest its ownership of ILFC through a sale or if there is none agreed on, through an IPO.

TH Lee Partners LP is discharged as a defendant in the case of an 'overarching' conspiracy regarding buyouts and the collusion between private equity firms.

Wal-Mart, together with other North American companies, banded together to create the Alliance for Bangladesh Worker Safety.

Pure Storage was able to raise USD150 million in its latest funding round for its operational expansion in the data storage market.

Insight Equity Holdings announced the hiring of two new vice presidents and three new associates to its management team.

Vaultize's expansion into the Mumbai area is a step towards achieving its regional and domestic plans.

Two of the three bidders for BondDesk Group LLC have been identified. Tradeweb and MarketAxess, two of the leading institutional fixed-income trading platform providers, are two of the three bidders for BondDesk Group LLC.

Capital One hires former bankers to spearhead the credit card company's expansion into the energy business.

Blackstone finalized a settlement with its investors over alleged misrepresentations during its IPO.

Verizon is now in discussion with banks to fund the USD130 billion buyout offer for Vodafone's 45% shareholdings.

Investec would coordinate lending facilities for two power plants to be built in South Africa. Investec Plc would provide financing for GDF Suez as it develops two South African gas power plants.

China's corruption goes on overdrive with PetroChina officials falling in its wake. In a widening effort to push its anti-corruption campaign, China has included the country's most valuable company in its dragnet.

Holcim would pay Cemex to absorb some of its businesses in Europe. Holcim, the Swiss cement maker, is planing to exchange assets and combine others with Cemex, its Mexican competitor in Europe.

Simcere founder with the firm's CEO formed a consortium to bid for the purchase of Simcere Pharmaceutical Group.

Florian Rentsch, Hesse economy minister, is the first politician to confirm that the sale of Commerzbank is an option considered by the German government.

Credorax receives USD40 million equity investment for its expansion Online retailer acquirer and Payment Service Providers, Credorax, announced a USD40 million growth equity investment which would be used to support continued expansion of its platform.

Jodi Arias, convicted murderer, had a few more issues up her sleeve. In a decision that has social media implications, the judge presiding over the case of Jodi Arias had postponed the date for the sentencing of convicted killer.

The National Dog Day was founded to encourage the adoption of shelter strays as pets. August 26 is National Dog Day. This celebration started back in 2004 in recognition of the high number of shelter pets that seek a good home.

Eminem signals his return to the music scene through the release of his new album 'MMLP2'.

Tracy McGrady hangs up his sneakers after 16 years in the NBA. In a message made at ESPN's First Take, Tracy McGrady announced, "It's been 16 years playing the game I love.

Venus and Serena Williams led wins in the first day of the US Open, reminiscent of their success in previous years.

RingCentral submitted an application for an IPO with the US SEC. A leading provider of cloud business communications to the market announced the filing of a registration statement on Form S-1 with the SEC.

FilmTrack closed equity investment round with the largest contribution from Insight Venture Partners.

BBA and DAE discuss merger possibilities. The world's largest producer of bases for business jets, BBA Aviation Plc was in discussion with Dubai Aerospace Enterprise Ltd, an aircraft leasing company, as to the combination of their business enterprises.

Gold prices, after a previous period of decline, is now on the rise, recently topping the USD1,400 level.

Carlos Slim gives support to Telefonica's buyout of Royal KPN NV. In a surprise move, Carlos Slim's America Movil SAB gave its 'irrevocable commitment' to vote in favor of KPN's E-Plus unit's sale to Telefonica Deutschland Holding AG.

CNH Industrial COO Richard Tobin is the new CEO of the merged company between Fiat Industrial and CNH Industrial.

The second part of the trial on patent infringement between Microsoft and Google's Motorola will continue this week.