A Reuters report said banks would need to increase their capital by USD155 billion or EUR115 billion in order to comply with the global Basel III accord.
Articles by Rizza Sta. Ana
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There has been an increasing clamor from politicians, store associations and laborers alike to ease store hours regulations amidst a struggling French economy.
According to a Reuters report, a struggling Alitalia would be closing shop soon if it won't be getting the cash it needs to implement Alitalia CEO Gabriele Del Torchio's long-term plans.
US and British regulators had charged interdealer broker firm ICAP's European arm and three ex-employees for rigging the London interbank offered rate to their benefit.
Swiftype, a software company that assists clients to integrate search engines in their company sites, raised another USD7.5 million in its recent funding round.
US Government software contractor Palantir Technologies, Inc has raised USD196.5 million in capital for growth, according to a filing with the US Securities and Exchange Commission.
According to an article for Reuters, the banks' notion of capital being the US economy's savior was a farce.
Real estate prices would not be picking up soon due to worry over rising borrowing cost rates, according to economist sentiments gathered by Reuters.
According to two sources who told a breaking news blog, Apple Inc would be making the iPhone 5S store pickup option available as early as Monday next week.
Compiled reports by The Next Web confirmed news that Samsung Electronics Co Ltd would be region-locking almost all of its Android phones.
One Thousand & One Voices, a private equity movement, announced the opening of its first office in Johannesberg, South Africa and its new private equity team.
In a company-wide employee meeting Thursday, Microsoft Chief Executive Officer Steve Ballmer made his final farewell with songs, dances and quips against the company's rivals.
Leaked photos in the Internet showed that Apple Inc may release its much-awaited iPad Mini 2 in gold, space grey and silver equipped with its latest fingerprint technology.
A Bloomberg report said China's richest man Wang Jianlin may be acquiring luxury brands such as the Four Seasons hotel chain in his quest to expand his company Dalian Wanda Group to the US.
According to a statement today, a group led by private equity firms Corsair Capital LLC and Centerbridge Partners LP would be preferred by Royal Bank of Scotland Group Plc to purchase its 314 branches.
According to sources who told the Wall Street Journal, family-run Wing Hang Bank Ltd may get takeover bids from Australia & New Zealand Banking Group Ltd and United Overseas Bank Ltd of Singapore.
Beats Electronics on Friday said it had received an investment from the Carlyle Group worth USD500 million.
Former BASF SE executive Wolfgang Buechele would be replacing Linde AG current chief executive Wolfgang Reitzle next year, said the German company in a statement.
Analysts said Rockwood Holdings Inc had poised itself to be an attractive takeover target as it had sold USD4 billion of its businesses this year.
In a joint statement, Panasonic Healthcare Co would be sold to KKR & Co for JPY165 billion. According to a joint statement, a wholly owned subsidiary of KKR & Co would be buying the healthcare business of Panasonic Corp in a deal worth JPY165 billion.
In a seemingly peculiar move, JC Penney Co announced yesterday that it would be selling 84 million of its shares to generate cash after saying that the company was liquid enough by the end of its fiscal year.
The partnership structure proposal of Alibaba Group Holding Ltd got support from its shareholder Yahoo Inc.
On Friday, the board of directors of Singapore-based and London-listed Archipelago Resources agreed to the privatization proposal of its major investor PT Rajawali Corporation valued at GBP338 million or USD541 million.
The British government said on Friday that the initial public offering of the nation's Royal Mail postal service would value the company at GBP3.3 billion or USD5.3 billion.
Danish wind turbine producer Vestas Wind Systems announced that it would be forming a new joint venture with Japanese conglomerate Mitsubishi Heavy Industries.
A Reuters report said that Japanese-based firm Toray Industries Inc would be purchasing US-based company Zoltek Companies Inc for USD584 million.
In a interview at a Harvard fundraising campaign, Microsoft chairman and founder Bill Gates admitted that the keyboard combination of Control, Alt and Delete keys to log into a PC was a mistake and should had only been one key.
According to information technology news site CNet, Apple Inc's iPhone and iPad customers experienced symptoms of motion sickness because of operating system iOS 7's parallax and zoom features.
In a released statement, Blackberry Ltd said that it would be cancelling its quarterly earnings call and webcast scheduled for Friday this week.
Automattic, Inc, parent company of open source blogging and content management system service WordPress, announced in a blog post that it had acquired content sharing technology startup Cloudup with no financial details disclosed.