Prada SpA, the Italian fashion label making its fourth attempt to go public, isn't planning to sell shares in an initial offering before the summer, Chief Executive Officer Patrizio Bertelli said.

Shares of Japan's Funai Electric Co jumped to a 9-week high after Philips Electronics said the firm could use its brand to sell flat TVs in North America, giving Funai access to the premium TV market.

The Liberty Media Corporation, an American media conglomerate, has increased its stake in DirecTV Group Inc to 48%, thus making further steps in getting the majority control of the company.

Marathon Acquisition Corp. on Monday said it will buy a 66 percent stake in London-based Global Ship Lease Inc. in a deal that values the owner and operator of container ships at about $1 billion.

Genzyme was down $3.59, or 5 percent, to $68.48. The annual cost of Genzyme's Gaucher disease drug, Cerezyme, at more than $300,000, has spurred a debate over the most effective dosage that will also reduce the medicine's expense. Genzyme shares are down 8 percent for the year.

A total of 1 297 376 shares of Nokia Corporation ("Nokia") were subscribed for between 2.1.2008 - 11.2.2008 based on Nokia's 2003 and 2005 employee stock option plans. The total amount of subscription prices will be recorded in the fund for invested non-restricted equity.

Tiffany & Co. announced that its third-quarter earnings more than tripled, thanks to strong sales growth and a hefty gain on the sale and leaseback of its Tokyo flagship store. It also raised its earnings guidance for the full year.

The Chinese energy company PetroChina has become the world's largest company by market value after its trading debut on the Shanghai Stock Exchange Monday. Kate Woodsome explains from VOA's Asia News Center in Hong Kong how a company that earns less than comparable operations has become so valuable.

Apple Inc has blown analysts' estimates out of the water with a 67 per cent rise in profit as the popularity of its iPhone and iPod boosted Macintosh computer sales, and its shares jumped 7 per cent.

Verso Technologies, a global provider of next generation network solutions, announced today that its board of directors has approved a program to give its salaried employees the option to receive a portion of their 2007 and 2008 salary in the form of restricted common stock and non-qualified options.

The price offered for the shares represents a significant premium of 30% compared to the volume weighted average trading price of Mandator's shares in the 10 trading days prior to the announcement of the offer. The Board of Directors of Mandator unanimously recommends the shareholders of Mandator to accept the offer.

Mochida Pharmaceutical Co., Ltd., and Siemens K.K. Japan have agreed to change the ownership interest both companies hold in their joint venture Mochida Siemens Medical Systems Co., Ltd. Today, Mochida Pharmaceutical transferred 16 percent of its outstanding shares to Siemens K.K., making Siemens K.K. a 51 percent equity stakeholder.