Investors seemed to be positive with regard to news from former Brazilian billionaire Eike Batista about Oleo & Gas Participacoes SA's creditors agreeing to convert $5.8 billion worth of company debt into equity stakes.

Mizuho Financial Group Inc will be seeing its chairman, Takashi Tsukamoto, leaving its post after its lending unit received penalties the second time within a three-month period due to loans it extended to crime groups.

Financial data from Mergermarket indicated an increasing influence of local buyout firms in South Korea, thanks largely to the support of the national government by relaxing regulations, a Financial Times report said.

Bankers expressed their doubts that Royal Dutch Shell's 23.1% stake in Woodside Petroleum could be snatched up by bigger oil companies as the latter are also eyeing to sell assets as well.

An report published on The Financial Times detailed how private equity moves in markets to ensure that quantitative easing of the US Federal Reserve will not be further reduced.

The Financial Times noted that data issued by mutual fund research company Morningstar supported the trend seen in US investors flocking to alternative bond funds in anticipation to the tapering of the US Federal Reserve's quantitative easing measures.

Data published by the Council for Mortgage Lenders and the British Bankers' Association indicate a housing boom in London as compared to average house prices in all of Britain, according to The Financial Times.

Three of the four largest claims against the US estate of bankrupt telecoms company Nortel Networks Inc has been resolved, reducing the bills the estate needs to settle by by $5.14 billion, said a Reuters report.

A Reuters report said 3M Co revealed its plans to purchase its shares back worth up to $22 billion, making it the biggest so far in terms of percentage among US companies who have announced similar plans this year.

On Tuesday, AT&T agreed to sell its wireline assets in Connecticut to Frontier Communications for $2 billion in cash in order to fund the US phone company's ongoing massive network upgrades.

The state of Russia under President Vladimir Putin agreed to acquire $15 billion worth of Ukrainian Eurobonds to help the beleaguered country of Ukraine out of a potential currency crisis, according to a Reuters report.

AMC Entertainment Holdings Inc is reportedly selling the shares it is offering in its initial public offering at a discount, which would value the cinema chain 7.2 times bigger than its estimated earnings before interest, taxes, depreciation and amortization or EBITDA in 2014.

Website security provider CloudFlare' chief executive officer and co-founder Matthew Prince revealed to TechCrunch that it received a significant investment to the tune of $50 million from Union Square Ventures about a year ago.

Marketing personalization startup Sailthru announced the conclusion of its $20 million Series C funding round led by Scale Venture Partners and participated by Benchmark, RRE, DFJ Gotham, AOL Ventures and other existing backers.

China's holdings in US Treasury securities were seen increasing to a figure nearing $1.314 trillion it last hit in July 2011 as the world awaits for the decision of the US Federal Reserve to taper its $85 billion monthly purchases, said a Bloomberg report.

As investors await for the decision of the US Federal Reserve to the timeline when it will begin with its tapering of its monthly bond purchases, prices of gold and other minerals saw increases in the financial markets.

Despite getting clearance from accounting firm PricewaterhouseCoopers LLP regarding its fiscal statements for the last three years, activist investor Bill Ackman appeared to be not convinced that Herbalife Ltd is not operating a pyramid scheme.

General Motors Co announced its plans on Monday to invest about $1.3 billion in its five plants across the US to improve its output and create a new transmission, according to a Reuters report.

Outgoing chief executive officer of General Motors Co Dan Akerson has said that US taxpayers actually netted a gain despite the US government losing $10.5 billion stemming from a bailout package it extended to the carmaker in 2009, according to an Associated Press report.

Comcast Corporation and Khan Academy, a free online education portal, jointly announced its newest venture to promote free education of digital skills in low income families to increase adoption of broadband services.

Deck, a cloud-based presentation app based in Bangalore, India, announced that it has raised $600,000 in a seed funding round led by Hotmail co-founder Sabeer Bhatia.

Entitle announced today its launch of its ebook subscription service with a subscription pricing model based on Netflix's business and its successful $5.3 million Series A funding round this year.

Google Ventures released its year-end data and, and TechCrunch noted that it has done tremendously, quieting critics who had said that the investment arm of Google Inc had not secured any major deals like with Twitter and Pinterest.

In its latest assessment for the infrastructure in the US, the American Society of Civil Engineers' (ASCE) assessment had given the nation's roads, bridges, rail, drinking water, waste water, solid waste and others an aggregate almost flunking grade.

In the European Central Bank's launch of a new 10 euro note, the Euro Zone's central bank launched an online competition wherein top-scoring players get the chance to win exclusive prizes for playing a Tetris-like game that unlocks information about the new note's security features.

Endemol, the TV production house who was made famous for its game shows like Deal Or No Deal and Fear Factor, was said to have made a $13 million strategic bet in UK-based social casino startup Plumbee.

The acquisition by dual location-based chip manufacturer Avago Technologies Ltd of LSI Corp marked the second biggest acquisition in the semiconductor industry for this year, said a Businessweek report.

A report on VentureBeat explained why the country of Ireland is not an attractive investment only for its low corporate tax rate, which many US tech companies with offices in the region had taken advantage.

Christie's International Plc is said to be conducting its first auction of artworks in Indian soil, and will highlight modern master Tyeb Mehta's (1925-2009) work entitled "Mahishasura."

A report noted that speculators who are looking to acquire Bitcoins by selling sex through certain Reddit subsections are rising at an alarming rate.