JPMorgan Chase & Co. is beefing up its European investment bank by buying the half of Cazenove it does not already own in a deal valuing the revered 190-year old UK stockbroker at 2 billion pounds (US$3.4 billion).

eBay has completed its sale of Skype for about US$2 billion to an investor group that included the founders of the Internet phone service.

Donald Trump is putting his name on a vitamin and health products business whose salespeople make money by recruiting more salespeople.

U.S. newspapers' advertising woes persisted through the summer, increasing the likelihood that publishers will finish this year with their lowest ad sales since the 1980s.

International Business Machines Corp., the world's largest computer-services provider, will use banks more often as advisers on deals, its head of mergers and acquisitions said Thursday.

Volkswagen, Europe's biggest carmaker, said on Friday that its supervisory board had cleared the way for its planned takeover of sports car maker Porsche.

Asian markets fell on Friday as investors followed a Wall Street tumble on renewed concerns about the global economic recovery while Japan declared it was in a state of deflation.

Gold, little changed in London, may decline as a rebound in the dollar curbs demand for the metal as an alternative investment.

Oil prices edged down toward US$77 a barrel on Friday after a drop in many stock markets and amid concern about the strength of the global economic recovery.

The dollar rallied on Friday as investors shunned assets viewed as risky, such as the euro, amid fresh concerns about the strength of global economic recovery, analysts said.