Retail buyouts and mergers lead by foreign exchange market broker FXCM Inc had been seen proliferating in the midst of closures of some of the biggest hedge funds in the US and European Union.

Leading Japanese trading firm Itochu formalizes latest contract with the Sultanate of Oman for oil imports.

In choosing Dubai, the Jeddah based Islamic Development Bank is ensuring the success of its first ever sukuk issue in the Middle East.

Iconic five star hotel The Savoy would be in danger of defaulting on its loan obligations should its business revenues do not improve.

Martyn Phillips had left his position as the head of Kingfisher's B&Q chain in the UK as part of moves to restructure the company.

Shunfeng Photovoltaic International planned to raise USD 144 million in a share sale, a regulatory filing revealed.

China-based property developer Greenland Holding Group would be co-developing the Atlantic Yards Apartment Project in New York with Forest City Ratners Cos.

Press release provider Cision AB said it had been investigating why it released an incorrect report about Samsung's purchase of Fingerprint Cards.

Erin Brockovich pointed to preemption laws in her campaign to take Essure off the market. Erin Brockovich, the consumer advocate who filed a multimillion case against Pacific Gas and Electric Co for groundwater contamination, had blamed preemption laws in her fight against birth control implant Essure.

New York City Opera Kenneth Rosen had indicated in a court hearing that the American opera company would be open to a merger.