Warburg Pincus is set to form an investment fund for Delonex Energy and its plans for oil exploration in Africa.

Verizon Communications, among other telecoms firms, may seek to participate in the Canadian wireless market.

Siemens to close Solel, its solar energy unit after failing to sell off the business. (Photo : Reuters)The image is the corporate logo of Siemens. Siemens, the German industrial conglomerate, has announced the shutdown the last unit of its solar energy business after it had failed to find a purchaser for the business.

In a bid to uplift consumer confidence, Beijing's Central Huijin Investment Co had invested in banks in the form of share purchases.

Tunisia received loan facility from IMF to boost capitalization of local banks. (Photo : Reuters)The image is the corporate logo of the International Monetary Fund.

A letter from the Economic Ministry requests removal for the voting rights ceiling currently in force at Banca Monte dei Paschi di Siena SA.

Etihad Airways has forged an agreement with JAT Airways of Serbia. (Photo : Reuters)The image is the corporate logo of Etihad Airways. Etihad Airways of the United Arab Emirates has entered into an preliminary agreement with the government of Serbia as to a possible equity investment by the Gulf region airway in the country's JAT Airways.

Grupo BTG purchases Petrobras oil interests in Africa. (Photo : Reuters)The image is the facade of the corporate headquarters of Brazilian oil conglomerate Petrobras.

New CEO for TeliaSonera causes increase in share values. (Photo : Reuters)The image is the CFO of TeliaSonera. The share values of TeliaSonera AB rose to its highest in a month after it appointed Johan Dennelind as its new CEO.

Li Ka Shing's firms buys out European owner for Dutch waste management firm. Cheung Kong Holdings Ltd, owned by billionaire Li Ka Shing, and their partners have forged an agreement to purchase Afvalverwerking BV for Eur943.

Dole Food Corp board of directors to be investigated for allegations of breach of fiduciary duties and other violations.

Pope Francis, in the bid to reform the Vatican bureaucracy, appoints Monsignor Ricca to manage the Vatican Bank.

India's rapidly declining currency is a clear sign that US policy affects the whole world. (Photo : REUTERS)Indian currency of different denominations are seen in this picture illustration taken in Mumbai India is emerging as the canary in the mine for Asia's money market.

Net long position of the US dollar fell, together with other currencies according to the Commodity Futures Trading Commission.

Berkshire Hathaway announces the formation of a new firm specifically for the excess and surplus market.

With more companies opting to return earnings through dividends. economic growth now falls squarely in governmental action.

Foreign investors, such as China and Japan, have started divesting their US bond holdings. (Photo : Reuters)The image is a bunch of 'Benjamins' in a row.

Emerging debt market trading fell by 12% in the first quarter of 2013. (Photo : Reuters)The image is the facade of the New York Stock Exchange. The trading volume for debts from emerging markets declined by 12% in the first quarter of 2013 compared to the previous year.

Tesco stops orders from Bangladeshi supplier after finding structural defects in its factory. (Photo : Reuters)The image is the corporate logo of Tesco UK.

The Canadian dollar remains steady against the US dollar, but may change once the Federal Reserve Chairman makes his remarks on quantitative easing.

Curacao retained its A minus credit rating from Standard and Poor's but declines in outlook. (Photo : R)The image is the corporate headquarters facade of Standard & Poor's.

SOCAR, the Azeri state energy company, had started negotiations with the Greek government for the purchase of natural gas grid operator DESFA.

Aruba's credit rating now at BBB+ from A- according to Standard and Poor's. (Photo : Reuters)The image is the logo of Standard and Poor's 500.

The bond market is awaiting the Federal Reserve Bank decision on quantitative easing. (Photo : Reuters)The image is the facade of the Federal Reserve Bank.

Fed Chairman Bernanke's announcements on quantitative easing is anticipated by the market. (Photo : Reuters)President Barack Obama's next choice to head the U.

Egypt, after two years of political unrest, is nearing the completion of its deal with the International Monetary Fund.

Huishang Bank, due to the lack of clarity in the Shanghai Stock exchange, is set to list its IPO in the Hong Kong bourse.

Petrobras is selling off half of its African operations of Petroleo Brasiliero SA. (Photo : Reuters)The image is the facade of the corporate headquarters of Brazilian oil conglomerate Petrobras.

Plans to boost capacity in Indonesia would be reached through the construction of a new Mitsubishi Motors plant in the country.

Bank of Japan sets purchase ceiling of 140 billion yen for J-REITS. (Photo : Reuters)The image is a Japanese flag flying high. The Bank of Japan will be purchasing an increasing number of Japanese real estate investment trusts beyond its current purchase scheme.