Marc Castro

Lower Indian wireless spectrum pricing - government panel

A panel from the telecom ministry recommended cutting down the price for wireless spectrum in India.

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Zambian government at odds with Konkola Copper Mines

Issues over tax payments and retrenchment of workers caused Konkola Copper Mines to seek court intervention.

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NGL Energy Partners acquires Gavilon LLC

Propane supplier NGL Energy Partners LP acquires Gavilon LLC for its midstream supply business.

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Sanofi and LVMH offer Euro denominated bonds above prevailing rates

In one of highest volumes of corporate debt issuances on record, Sanofi and LVMH issue bonds yielding above prevailing rates.

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ING Groep NV says capital buffers sufficient for ECB testing

Regulatory authorities are reviewing the capital buffers ING Groep NV for real estate financial loans prior to ECB testing to be conducted.

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Macquarie hires independent John Malhotra as its new head for Asian oil and gas advisory business

John Malhotra, the former independent energy advisor, is now the reported head for Macquarie's Asian oil and gas advisory businesses.

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Lloyds Banking Group conducts internal inquiry

An internal inquiry is to be conducted by Lloyds Banking Group as to its foreign currency trading operations after being advised by the Financial Conduct Authority to review its processes and report irregularities.

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Elliott Management Corp expands shareholdings in Celesio

Paul Singer's Elliott Management Corp increased its shareholdings in German drug distribution firm Celesio AG.

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Vimpelcom's third quarter earnings affected by regulatory pressures and fee mandates

Vimpelcom's third quarter earnings affected by African and Asian regulations as well as Italy's fee charging ceiling for use of competitor networks.

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Deutsche Bank AG set to face administrative probe for actions on Kirch companies

The companies comprising the Kirch conglomerate testified the bank had assisted in the demise of the firm.

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Royal Dutch Shell to drill wells off South African coast by next year

Royal Dutch Shell South Africa GM Jan Willem Eggink confirmed the well drilling as well as the conduct of an environmental impact study.

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Kuwait's NAS providing expertise in improving Ariana Afghan Airlines

A ten year agreement was formalized between Kuwait's National Aviation Services and Ariana Afghan Airlines.

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Rumors say BG Group Chairman Andrew Gould would join Saudi Aramco board

The Saudi Aramco board, according to unconfirmed news reports, would be joined by BG Group Chairman Andrew Gould.

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Saudi Arabia's largest healthcare providers to do IPO

Sulaiman Al-Habib (HMG) and Almana General Hospitals have engaged the services of separate banks to assist in its IPO listing.

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PurThread Technologies closed latest funding round

PurThread Technologies raised USD7 million for its latest equity funding round.

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