IBM is the first company to get certification under the new Asia-Pacific Economic Cooperation (APEC) Cross Border Privacy Rules (CBPR) system. The CBPR system was developed to establish consistent privacy protections for individuals across the APEC region.
The European Commission has cleared under the EU Merger Regulation the creation of a joint venture between the Spanish telecom operator Telefonica and two Spanish banks, CaixaBank, controlled by La Caixa–Caja de Ahorros, and Banco Santander.
Steinway Musical Instruments and investment firm Paulson & Co. announced that entities affiliated with Paulson have entered into a definitive merger agreement or the acquisition of Steinway for $512 million.
Whirlpool Corporation announced that it has entered into agreements to become a majority shareholder (51 percent) in Shanghai's Hefei Rongshida Sanyo Electric Co., a home appliances manufacturer based in Hefei, China.
Drydocks World announced that the world's first Modular Capture Vessel (MCV), Eagle Texas, sailed away from its yard. The conversion of the AFRA max tanker was carried out by Drydocks World Dubai and was completed for Singapore based AET.