Business by Design to wind down - SAP

According to German software giant SAP, its Business by Design module for small and medium businesses would not be further developed but current users can still utilize its online services.


Pope Francis sits down with ECB head Mario Draghi

Pope Francis meets with ECB President Mario Draghi for unspecified matters. The head of the Roman Catholic Church, Pope Francis, had held discussions with European Central Bank President Mario Draghi during a private audience held last Saturday.

G4S undergoing major changes under new CEO

A bid from a private equity firm for its cash solutions business is being mulled by G4S. Charterhouse Capital Partners LLP is contemplating the bid amounting to GBP1 million or USD1.

Caesars removes Ganesvoort Hotel from future project

Because of findings by gaming authorities as to alleged Russian mob ties, Caesars Entertainment drops Ganesvoort Hotel from its partner-investors listings.


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Bernie Madoff's sons were vindicated for the civil case over the properties of their father in the UK.
The five year ban on holding public office for Silvio Berlusconi was upheld but reduced from five years to two years.
Software maker SAP on Saturday said it would be reducing the development capacity of Business By Design, a software product targeted to small and mid-sized business customers.
Artworks of British renegade graffiti artist Banksy became popular overnight in New York as city authorities had tried in vain to catch him for vandalism charges.
Twitter's major stakeholders would benefit from the initial public offering should the social media company's debut would succeed.
Yahoo decided to keep more of its stake in Alibaba after the latter would go public. Yahoo amended its planned share sale of its holdings in the Alibaba Group and decided to keep a larger stake of the Chinese e-commerce firm.
Rivalry between Google Inc and Facebook Inc seemed to have thawed after the former announced its partnership with the latter on aiding clients to purchase ad inventory.
Chancellor of the Exchequer George Osborne is planning whether toxic assets of RBS would be put into a bad bank.
Investors welcomed Yahoo's plans to sell fewer shares when Alibaba goes public. News of Yahoo Inc's plans to retain a larger stake than what it had originally announced was welcomed by the company's investors.
The US Federal Reserve's Beige Book report reflected a somewhat stable US economy in its first week of the government shutdown.