International law company Eversheds expands in Africa through partnerships with Mahons Attorneys in South Africa and El Heni in Tunisia. Both firms will be rebranded as Eversheds.

A report from The Wall Street Journal said more and more entrepreneurs and young companies were taking part in test runs at the state level for new federal rules regarding equity crowdfunding.

A source told Reuters that Qinhuangdao Port Co is going to be setting the price of its planned initial public offering at HKD 5.25 per share, which is the bottom of its indicative range.

A source told Reuters that hedge fund Hayman Capital has acquired a stake in General Motors and believes that the stock price of the automaker will soar once the US Treasury has exited its remaining stake in the firm.

The antitrust regulator of Brazil has instructed Telefonica to bring down its influence in the country's telecommunications business either by reducing its holdings or convincing Telecom Italia to sell its local unit.

The Financial Supervisory Service of South Korea told Bloomberg it plans to punish the local unit of Wall Street firm Goldman Sachs Group Inc for breaking rules on the sale of financial products.

A report from Cushman & Wakefield revealed that the private equity industry is still optimistic on the Indian real estate market, with private equity deals in the sector increasing 26% in the first nine months of this year.

A report from the Straits Times debunked the perception that Chinese firms were facing growing hurdles in the US, citing data that China's investments in the US had nearly tripled this year.

Sydney-based Westfield Group agreed to acquire the 50% stake held by the Port Authority of New York and New Jersey in the retail space of the World Trade Center site for USD 800 million.

HomeAway, a Texas-based online marketplace for vacation rentals bought Stayz Group, the publisher of Stayz.com.au from Fairfax Digital in an all-cash deal worth USD 198 million.

Clarity Health Services, a Seattle, Washington-based care coordination solutions provider for the healthcare industry, received USD 6.6 million funding from Columbia Pacific Advisors' Opportunity Fund.

A Bloomberg report said the largest insurance firms in the UK will be pouring about GBP 25 billion or USD 41 billion in the country's infrastructure in the next five years.

Engaged Capital, an activist hedge fund, wrote a letter to the board of Abercrombie & Fitch urging the retailer to replace CEO Michael S. Jeffries when his contract expires next year.

Private equity firms are rushing to cash in on strong investor demand as evidenced by the flood of initial public offerings this year, according to a report.

Westfield Group's Australia and New Zealand businesses will be spun off from its global retail assets. Assets of the Australian and New Zealand units will be merged with Westfield Retail Trust to form a new company.

Six more water systems and wastewater systems were bought by Aqua America Inc in November and December, bringing to 15 the number of its acquisitions this year.

Bloomberg report said Salix Pharmaceuticals has proposed a rate for the USD 1.2 billion financing it will be getting for the purchase of Santarus Inc.

A USD 4.5 million credit facility was granted to Chicago-based online provider for in-home care Sittercity by Square 1 Bank, a bank that exclusively caters to the needs of entrepreneurs and the venture capital community.

According to sources interviewed by Bloomberg, private equity firm KKR & Co has hired Goldman Sachs Group Inc to assist them in the sale of UN Ro-Ro Isletmeleri, a Turkish shipping company.

Joint venture company Tata Cleantech Capital Ltd said in a Bloomberg interview that it could finance up to USD 401 million in Indian renewable and energy efficient projects.

Betfair, a UK-based online gambling firm, said it is setting its sights on Italy and the US after retreating from other markets due to tax rates and unfavorable regulations.

Sources interviewed by Bloomberg said Citigroup Inc is planning to give distribution rights to sell its products in Asia to at least two insurance firms.

Latin America's largest investment bank, Grupo BTG Pactual, has applied with the commercial licensing bureau of Michigan to manage a commodities warehousing business in the US.

According to a Bloomberg report, Blackstone Group has made its mark as one of the largest warehouse landlords in the US with its industrial real estate firm formed three years ago, which is already two times its size.

Industry executives and academics said mandatory budget cuts or sequestration have led to job losses and could eventually undermine the competitiveness of the US in the global economy, a Reuters report said.

Former Japanese Ministry of Finance official Eisuke Sakakibara said the yen may weaken further as the government pension fund will follow the proposal to invest more of its holdings overseas.

According to a Bloomberg report, Fifth & Pacific's designer handbag maker Kate Spade may become the next hot acquisition for buyout firms and retailers after the company sells Juicy Couture and Lucky Brand.

US movie company AMC Entertainment Holdings Inc said it will seek to raise USD 368 million in its initial public offering. AMC is owned by the Dalian Wanda Group controlled led by Wang Jianlin, the richest man in China.

Private equity firm Thoma Bravo's quick flip of Digital Insight to NCR Corp just 124 days after it acquired the firm from Intuit was highly profitable for the company, a report from The New York Times The Dealbook said.

New rules set forth by the UK Pensions Regulator will enable companies to make their businesses more sustainable while still being able to give their employees their retirement benefits.