Russia-China Investment Fund to acquire forests products group

The Russia China Investment Fund acquired the Russian Forest Products Group. The Russia-China Investment Fund had announced the completion of an acquisition of an approximately 42% stake in RFP Group, a leading forestry holding firm in the Far Eastern region of Russia.


Air India awaiting government guarantees

The Indian government's guarantee for Air India was being awaited. The sovereign guarantees for Air India are being awaited for until next week in order for loans to be properly backed up with a total of Rs 2500 crore.

Rosneft inks MOU with CNPC for East Siberian venture stake purchase

Russian oil firm Rosneft signed an agreement with China National Petroleum Corp for the latter to purchase a 49% stake in the Russian oil producer's East Siberian venture.

Occidental Petroleum Corp to sell minority stake in Middle Eastern and North African businesses

Oil firm Occidental Petroleum Corp would be selling minority shares in some of its operations to increase shareholder value.


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Berlin-based Labfolder's product was aimed to help scientists plan and document experiments. CORRECTION: Changed facts in title and in article body.
People familiar with the bidding of ParknShop told Bloomberg that the Charoen Pokphand Group and Woolsworths Ltd were considering of abandoning their bids for the supermarket chain.
A group of investors obtain class action approval against Morgan Stanley for the controversial Pinnacle notes.
The Kuwaiti Investment Authority's property division St Martins is in discussion to purchase the More London complex.
Iron Mountain had purchased Cornerstone Records Management in an all-cash transaction priced at USD191 million.
About USD43 billion was pulled from the money market as investor fears of US debt crisis reached its height prior to Wednesday nights passage of much needed legislation.
Air France-KLM CEO Alexandre de Juniac said a company restructuring should happen in Alitalia before the French carrier would consider putting out a takeover offer.
The Department of Energy loan given to the now floundering Fisker was bought out by an investment firm headed by Richard Li.
The third quarter report of Dow Jones Venture Source showed a rise in venture capital activity in the technology sector.
A rise in acquisitions in Australian and New Zealand farms and assets had been seen recently. The bidding war over Warrnambool Cheese and Butter Factory Company Holdings Ltd had fanned investor fever of acquisitions in dairy farms and companies over Australia and New Zealand.