A Financial Times report said investment banks worldwide are set to reduce employee remuneration for the third year even as profits have increased, highlighting the importance placed on shareholder returns than on the pay of employees.

According to a Financial Times report, Amazon faces safety and regulatory hurdles before it can get its plan to use drones to deliver packages to consumers off the ground.

EIG Global Energy Partners successfully closed its sixteenth fund with USD 6 billion in capital commitments from 150 limited partners coming from 18 countries. it is the largest fund so far in the firm's history.

Former Malaysian Prime Minister Mahathir Mohamad told reporters that he had stepped down from his post as an adviser to Petronas, the state-run oil firm.

Klepierre exited from its four Norway shopping centers in a deal worth EUR 247 million or USD 336 million. The real estate investment trust is the second largest publicly-traded shopping mall operator in Europe.

Italy-based Telecom Italia told regulators that it did not get any offers for its unit in Brazil and that it intends to keep the unit. The company issued the statement in response to a request from an Italian regulator regarding Telecom Italia's plans for its Brazilian business.

Malaysia-based Etiqa, the insurance unit of Maybank, is said to be thinking of bidding for Indonesian insurer Mega Life Asuransi Jiwa, according to sources interviewed by Bloomberg.

Canada's largest lenders are turning to wealth management to spur growth in the wake of the slowdown in capital markets and lesser borrowing among consumers, a Bloomberg report said.

Japan's Sumitomo Life Insurance Co said it would be acquiring a 40% stake in the life insurance unit of Bank Negara Indonesia in a deal worth JPY 36.2 billion or USD 354 million.

China-based developer Guangzhou R&F Properties Co will be making its first acquisition abroad, paying USD 1.4 billion to the Sultan of Johor for six sites in Johor Bahru in Malaysia.

According to a report on The Telegraph, British Chancellor George Osborne is said to be thinking of modifying the rules in the country's Enterprise Investment Scheme or EIS to boost investment in the venture capital industry.

After a 14-month freeze on initial public offerings, the China Securities Regulatory Commission said it expects a resumption of public listings by January next year.

Citing data from Preqin, a report on the Financial Times said that investors were betting on European infrastructure projects. Despite the demand, the funds have backed fewer projects this year.

According to Financial Times, the Bitcoin fever has caught on to Silicon Valley with digital currency companies getting venture capital financing in their early rounds.

With market saturation leading to falling prices which have hurt earnings and prevented telecommunications operators from making investments, TDC Chief Executive Carsten Dilling has joined the call of his rivals for mergers.

Ukraine can get cheaper natural gas if it joins an economic bloc led by Moscow, Russian First Deputy Prime Minister Igor Shuvalov told Bloomberg News.

With more shoppers wishing to avoid the throng, research firm comScore reported a 15% increase of online spending on Black Friday to USD 1.20 billion.

Lawyers working in the buyout industry say that the private equity industry is bracing itself for more scrutiny by US regulators, according to a report.

Sydney-based medical services provider Primary Health Care is cutting down loan interest costs on a AUD 1.25 billion refinancing agreement, according to sources interviewed by Bloomberg.

According to a report on The New York Times' The Dealbook, some of the largest public pension funds in the US were following the footsteps of activist investors like Carl Icahn, William Ackman and Daniel Loeb.

Chuck Reed, the Mayor of San Jose, California, is leading a statewide voter initiative that aims to reduce skyrocketing costs of pension plans and retiree healthcare.

The Japanese equities market is making a comeback under the leadership of Prime Minister Shinzo Abe. In his Forbes report, contributor Panos Mourdoukoutas suggests four ways investors can trade the Japanese tsunami on equities.

A Bloomberg report cited officials from India's Finance Ministry who said the government plans to sell some of the stakes it holds in ITC Ltd, Axis Bank and Larsen & Toubro in order to gather funds.

The largest clothing retailer in the US is set to enter the Indian market through a joint venture with Arvind Brands, according to sources interviewed by The Economic Times.

A report from The Wall Street Journal said the government of Canada is in discussions with Northleaf Capital Partners and HarbourVest Partners to manage a portion of the funds it has set aside for venture capital investment.

A report by Vivek Singla of The Economic Times compared the Indian private equity industry to a valiant warrior who is able to penetrate an enemy's circle of defense, but failed because he had no exit plan.

The central bank of Brazil said the country's monetary policy stands to be compromised if the Supreme Court rules against the nation's largest lenders for implementing government rules to fight hyperinflation in the past.

The exit of private equity from their investments in contract research organizations (CROs) could threaten its growth, says two financial experts at Partnerships in Clinical Trials.

Morgan Stanley now leads in mergers and acquisitions in Japan, advising 41 takeovers this year worth USD 28.3 billion, through its venture with Mitsubishi UFJ Financial Group Inc.

A report from The Economic Times said mid-sized technology companies in India are hiring experienced executives from larger peers to gain management expertise and skills.