Deals
VTB shares in Rosbank to be sold to Societe Generale
VTB would sell off its shareholdings in Rosbank to Societe Generale and Societe Generale would sell some Russian assets to VTB.
Bay Investment Group LLC to build largest transit oriented development in Oakland
Bay Investment Group LLC, the venture firm of Hayah Holdings and Colony Capital, will head the master development in the city of Oakland.
US to surpass Russian and Saudi Arabian production by 2015
According to the latest US Energy Information Administration report, the US would pass production levels of Russia and Saudi Arabia for oil and natural gas.
Facebook haunts Twitter IPO
Facebook, after its dismal opening at IPO and subsequent decline, is affecting the overall enthusiasm in Twitter.
Latest News
The noteholders of GM Nova Scotia used a local law loophole to allow its earnings to double from the bankruptcy proceedings.
Australian Prime Minister Tony Abbott said his country would be more receptive now to foreign investment.
Marc Ecko told the Business Insider that the USD 25 million investment received by his company Complex Media would be used to benefit its shareholders.
Japan Prime Minister Shinzo Abe was reportedly able to reduce the country's debt his predecessors were not able to do so in the past 15 years.
Rosneft CEO Igor Sechin said the price offer for minority shareholders of TNK-BP Holding was fair. The share price offered by Rosneft to buy out minority shareholders of TNK-BP Holding was reportedly at a premium and should had no cause for complaint.
Judge Colleen Kollar-Kotelly had turned down the US Department of Justice's request to delay the hearing of the case against AMR Corp and US Airways Group Inc regarding the airlines' planned merger.
A Reuters report said Dubai made its plans public to become the center for Islamic business and sukuk issuance in the world.
In a rare interview with a head of a Saudi bank, SBB MD David Dew said the current high loan rate can be sustained in the Gulf kingdom.
Saudi Arabia Central Bank Governor Fahad al-Mubarak remained confident that Washington would be able to resolve its political deadlock.
Activist billionaire investor Carl Icahn said on CNBC his company had placed a USD2 billion investment on shares of Apple Inc.




