According to a report from Il Secolo XIX newspaper on Saturday while citing sources, Italy's Finmeccanica asked state owned Cassa Depositi e Prestiti to make an acquisition offer to buy the defense group's energy company.

In a bid to comply with the 2010 Brazilian oil law, the government has sought ways to provide assistance for Petrobras to comply with requirements.

In a move designed to avoid default, ThyssenKrupp was able to receive an extension of its credit lines from banks before its planned share sale.

Focus magazine reported that Deutsche Telekom would still choose a buyer for its online classified advertising business, Scout24.

Mykola Azarov, the Ukranian PM, assured Russia that the EU agreements are no threat to Russia. The prime minister of the Ukraine reached out to Russia to allay fears as to Kiev's plans of signing a free trade agreement with the European Union.

Yves Mersch, ECB board member, projected the completion of the staff complement for the regulatory authority by late 2014.

In a bid to cut overall costs, RWE had laid out plans to sell off assets to financial investors as well as cut down on its employee headcount.

The influx of major global airlines moved the Indian government to review its existing requirements for airlines to be allowed to fly international routes.

Aung San Suu Kyi said Myanmar needed foreign capital to recover but these should be responsible investments.

The Philippine government presented opportunities for investments in the country to Chinese investors at the CAEXPO.