Brookfield Asset Management (BAM) has raised its takeover bid for Australia-listed hotel, retail and commercial property investor Thakral Holdings (THG.AU) to at least 468.3 million Australian dollars (US$491.8 million), a person familiar with the matter said.

Italian oil company Eni SpA (E) and Swiss oil trader Vitol Group have signed a memorandum of understanding with the Ghanaian government and Ghana National Petroleum Corp for the development and commercialization of natural gas in the Offshore Cape Three Points Block in the Tano Basin of Ghana, the

German industrial conglomerate Siemens AG (SIE.XE), may axe thousands of jobs with a decision possible in October or November, financial daily Boersen Zeitung reports Tuesday.

Kia Motors Corp.'s (000270.SE) labor union plans to hold a six-hour strike Wednesday at the domestic plants of the country's second-biggest car maker, stepping up the pressure in the dispute over pay and working conditions.

Total SA (TOT) still sees tremendous potential for oil exploration in Kurdistan and has continued to invest there despite warnings from the Iraqi central government that doing so could jeopardize its projects in the south of the country, a person familiar with the matter told Dow Jones Newswires.

Samsung Electronics Co. (005930.SE) said Tuesday it plans to invest about $4 billion in its chipmaking factory in Austin to ramp up chip production to meet rapidly growing demand for mobile processors used in smartphones and tablet devices.

India's Axis Bank Ltd. (532215.BY) has tightened final guidance on a planned tap of its 5.125% coupon September 2017 dollar bond, and is now seeking to price a $250 million offering to yield 390 to 395 basis points over comparable Treasurys, according to a term sheet seen by Dow Jones Newswires

Real-estate fund manager ARA Asset Management Ltd. (D1R.SG), partly owned by Hong Kong tycoon Li Ka-shing, is planning to carve out some its Chinese property assets in an up to $640 million initial public offering by the end of October through Singapore's first yuan-denominated share sale, three

The Hungarian division of UPC Technology Corp. (1313.TW) Tuesday announced the launch of its mobile data transfer business in Hungary.