China's Communist leadership meets for future changes in economy

President Xi Jinping and other Communist leaders to meet up for the third plenum of China. As the final quarter of 2013 comes around, China's economy has undergone an acceleration in manufacturing and exports creating momentum for the Beijing leadership to be confident on possible policy shifts to be implemented for the next decade.


India revives plans of stake sales in two state-owned firms- sources

The Indian government planned to gather USD 2.3 billion through a share sale of its two state-owned firms to boost public coffers, according to sources interviewed by Reuters.

Koelstra acquires Little Company to create baby products giant

Switzerland-based company Koelstra announced that Dutch company Little Company had agreed to the former's acquisition offer at an undisclosed amount.

Line sees no pressing need for IPO- report

Despite continued speculations that it would go public, Japan-based messaging app Line said it did not see the need to hold an initial public offering.


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Seplat Petroleum Development Co said it planned a dual stock listing for the Nigerian oil firm. Nigeria-based oil firm Seplat Petroleum Development Co said it was thinking of listing its shares on two bourses.
Panasonic Corp said it could now afford deals worth JPY 100 billion as the company moves towards profits.
Basel-based Novartis AG sold its California blood unit to Spain's Grifol's SA for USD1.68 billion.
The Nikkei said the registration of Third Point LLC ownership in Sony was strategic as hedge fund manager Daniel Loeb intended to pursue management changes and shareholder resolutions in the electronics company.
Nigeria-based Henshaw Capital Partners Founder and Chief Executive Officer Barbara James said Nigeria could build a USD 20 billion private equity industry by 2020.
Healthcare company Johnson & Johnson stopped selling some of its products to Amazon.com because of complaints about the site's third party sellers.
Dubai would be host to Eman Mansour's latest investment banking endeavor. Veteran Gulf Arab banker Emad Mansour had laid out plans to establish a new investment bank located in the tax free financial zone of Dubai.
A source told Bloomberg that Carlsberg was looking to buy the Tsingtao Brewery Co and Beijing Yanjing Brewery Co.
Vox Media bought the Curbed network for USD20 million to USD30 million using a combination of stock and cash.
With the allowance of Baidu for Bitcoin, China's appetite for the virtual currency grows. Nearly a third of the world's Bitcoin transactions are done in China.