Igor Sechin was quoted as saying the potash controversy between Belarus and Russia would not affect the business of the Russian oil giant.
Deals
VistaJet Holdings to grow business in India
With an increasing number of clients needing private air carrier services, both VistaJet and NetJets are scrambling for the Indian market.
Lehman Bros Europe to pay creditors full value
After unwinding the most complex bankruptcy case in history, Lehman Bros would be paying out full value to its European creditors.
West Virginia to set up legacy fund for natural gas extraction
West Virginia State Senate President Jeff Kessler is proposing a Future Fund levy for the natural gas to be extracted from the state for its future spending.
Asia’s QE money heads out on a slow-moving train
After the US Federal Reserve announced thw cutting back its bond buying program, investors who had entered Asia last four years ago were set in fears and had started exiting financial markets.
Latest News
Credit Suisse AG is to sell of its German subsidiary according to a German paper. In a report from German weekly WirtschaftsWoche, Credit Suisse is intending to sell the private client's business of its German subsidiary Credit Suisse Deutschland AG.
The use of the JOBS Act for the Twitter IPO a concern for investors. The main question would be, how much is Twitter really worth? The microblogging site has over 200 million active users and has been instrumental in the Arab Spring protests two years ago.
Piggy Wiggly Carolina Co said it would sell 29 stores located in South Carolina and Georgia. Piggly Wiggly Carolina Co announced that it would be selling 29 of its stores.
Italian Banca Monte dei Paschi di Siena has raised its capital for the bank's revised bailout plan to EUR2.5 billion or USD3.3 billion.
According to Thomas Jordan, Swiss National Bank Chairman, said there is a lot that needs to be done before banks can avoid harming the general economy.
Thanks largely to Twitter Inc's IPO filing, publicly traded fund GSV Capital would be looking to receive bigger gains.
A report from a Chinese newspaper revealed that Samsung would be investing USD 500 million for a plant in China.
JPMorgan Chase Co., Bank of America Corp. and Goldman Sachs Group Inc. would not be able to get out from their financial commitments to a buyout of retailer Rue 21 by private equity firm Apax Partners.
Sources told Reuters that Grohe got final offers for Geberit, Lixil and Duratex. Sources told Reuters that bathroom equipment manufacturer Grohe received bids from three of its peers.
