Vietnam's Finance Ministry submitted a proposal to relax foreign ownership restrictions by allowing foreigners to increase voting shares in non-conditional industries.

Azul Linhas announced cancellation of its intended initial public offering (IPO) which was previously announced last May 27.

On Monday, the 2nd US Circuit Court of Appeals in New York announced that investors may revive a lawsuit against Barclays PLC.

Spain's El Corte Ingles said on Monday that it has reached an agreement with banks to refinance its EUR5 billion debt.

Affiliated Managers Group announced equity investment in Clarfeld Financial Advisors by its subsidiary MG Wealth Partners LP.

HgCapital buys E-conomic, an online accounting company for SMEs. Hg Capital revealed on Monday its purchase of e-conomic, a large-scale European leading SaaS (Software as a Service) accounting unit for small and medium enterprises (SMEs).

Increased volume of agricultural production propped up Russia's slow growing economy. Russia's economy exhibited indications of development in July, based on new figures released by the state statistics service.

Zayo Group announced acquisition of Access Communications for USD40 million to further expand its reach in the Minneapolis-St. Paul market.

Falcon Social raised EUR 6 million in Series A funds for its social management platform. Falcon Social, a Copenhagen-based social management platform, raised EUR 6 million or USD 8 million in its Series A funding round.

Former Lloyds Banking Group Plc executive Andrew Geczy was appointed as new Head to the International and Institutional Banking division.