Warburg Pincus sells off its shares in Transapacific Industries Group. Warburg Pincus, the private equity firm, is selling off its shareholdings in the Australian waste management company Transpacific Industries Group.

Embraer under fire for corruption charges in the Dominican Republic. American and Brazilian authorities are determining whether Embraer SA had bribed Dominican Republic officials for the grant of a USD90 million contract for attack planes for the country's armed forces.

Several banks required to undergo Fed Reserve stress tests to determine capacity of capital cushions on hypothetical adverse conditions.

A lawsuit was filed by LightSquared against manufacturers of its GPS equipment for broken promises as to the capacity of the machines.

Dell Inc had paid out executives for its shares not rolled over into the newly privatized Dell. The directors and top executives of Dell Inc. had received a total of USD59.

PricewaterhouseCoopers is set to assess the 'gogreen' policy and its implementation in the Indian telecommunications industry.

A suit was filed in New Jersey District Court against Actavis by Ranbaxy Laboratories for its attempt to produce a generic version of Absorica.

The Abraaj Group sells its shares in Opalia Pharmaceuticals to Recordati. The Abraaj Group of Dubai recently announced it full exit from Opalia Pharma of Tunisia.

The IDB investment in Saudi Arabia's cheese industry includes the acquisition of shareholdings and the construction of a cheese factory.

Recovery measures such as arbitration, negotiation and litigation are the means that MMG would recover due amounts receivable.

Hoteliers in UAE are in conflict as to the recommendation to impose a price ceiling on hotel rates. A hotelier in Dubai had called for the UAE tourism authority to introduce a ceiling on hotel rates to control the market.

NBAD Group CEO Alex Thursby identified seven highly urbanized cities where the bank would set up its operations.

Diwali, the Indian festival of lights, have caused Indians to loosen purse strings despite high inflation.

WalMart, Sears, Macy's and other retailers are now doing their best to increase sales for the coming Christmas season.

Daylight Savings Time was meant to conserve energy, but it creates more losses in the US economy. WIth temperatures falling and landscapes needing less tending, these are the reminders that daylight savings time would be coming to an end by Sunday.

A lukewarm response was the tone for the launch of the newest iPad version, the iPad Air. It had become commonplace that droves of loyalists and enthusiasts would await the launch of the latest Apple product to the market.

Upon entry into Terminal 3, Paul Ciancia asked people if they were TSA before opening fire on them. According to news reports, the suspect had entered Terminal 3 wearing camouflage outfit and at around 9:20 am local time, had opened fire into the passenger area.

New Jersey Police Chief Allen Cummings in an interview with Associated Press, said family members received text messages on suicide from Paul Ciancia, the LAX shooter.

Dan Dees, co-head for investments banking for Goldman Sachs Asia, would be assuming a global role for the bank in the next few months.

More than seven banks are changing projecting that the European Central Bank would cut its interest rates after its meeting this November.

Morgan Stanley, in the wake of outrage from bailouts in the last crisis, is seeking investments that provide long term social benefits for the community.

Fonterra purchased 6% shareholdings in Bega, which in turn upped the ante for its own bid for Warrnambool Cheese and Butter.

Sandra Ortega Mera inherits shares in Inditex and Rosp Corunna Participciones Empreseriales SL, which owns the world's largest clothing retailer Zara.

According to NQ Mobile co-CEO Omar Khan, "All allegations are false." NQ Mobile Inc's eight founding anniversary had little to celebrate last October 25, as the day before the firm was accused of inflating revenues.

Oracle Corp shareholders had rejected for the second year the executive compensation scheme for CEO Larry Ellison et al.

A USD1 billion syndicated loan was formalized by Banco do Brasil with five international lending institutions.

Twitter IPO volume expected to be fully taken because of increased interest from investors. According to people with knowledge of the matter, Twitter had already attracted more than enough demand to sell all of the IPO shares it can offer.

Container Store Group Inc had planned to raise USD225 million during its IPO. Storage and organization products retailer Container Store Group Inc had laid out plans to sell USD225 million worth of shares in its US IPO.

BicBanco's 72% would be acquired by China Construction Bank Corp for BRL1.62 billion. China's second largest financial institution in terms of assets, China Construction Bank Corp, had entered into an agreement to pay BRL1.

The halt of its Pascua-Lama project as well as gold price decline had forced Barrick Gold to sell of shares to raise much needed funds.