The British goverment said in a statement today that through UK Financial Investments Ltd, it has sold its 6% of its issuing stock in Lloyds Banking Group Plc for GBP3.2 billion.

Danske Bank A/S Chairman Ole Andersen said in an interview with Reuters that the bank has been doing its best to improve its credit ratings, including replacing its former CEO with one who is well-versed in banking.

In a finding by the Financial Conduct Authority, Barclays payments to investors post-2008 without proper disclosure was called reckless.

Schaeffler AG said in a statement that the sale of its combined 4% stake in Continental AG with holding company Schaeffler Verwaltungs GmbH would be used to repay borrowings made to takeover Continental.

In a bid to increase its contribution to ZTE's overall revenues, the cloud computing and IT productions operations of the firm had laid out plans to expand cloud computing in China.

The world has yet to hear an announcement from Apple Inc about the pre-order numbers of iPhone 5C. The tech industry has not heard from Apple Inc about its first-day preorder figures for its new iPhone 5C.

Samsung Electronics Co Ltd's first open-source technology Tizen would be released first on a smart TV early next year.

A video game review by The Guardian said Rockstar North's Grand Theft Auto (GTA) 5 was parody mocking consumerism.

Soros and Golmand Sachs-backed Essent Group Ltd. filed for an initial public offering yesterday valued USD287.5 million.

Yesterday, Post Holdings Inc. said that it had agreed to acquire Dakota Growers Pasta Co in a deal priced at USD370 million.