Industry
Russian's VTB Eyes Sale of its Rosbank Stake
VTB, Russia's second largest bank, decides to sell its 10 percent stake in Soceite Generale's Russian unit Rosbank
Third Point's Proposal to be Reviewed by Sony Board
As confirmed by Sony CEO Kazuo Hirai, the proposal put forth by Daniel Loeb of Third Point LLC would be reviewed on its merits.
Softbank Double Checks Hokkaido Power Plant Projects
Softbank is now undertaking a review of solar power plant projects on Hokkaido island. The Kyodo News agency reported that Softbank Corp is reviewing solar power projects that it is planning to build at the northernmost island of Japan.
Willis Group Hires Investment Banker
Willis Group Insurance hires Michael Guo, a former investment banker. The world's third largest insurance broker, Willis Group Holdings Plc, has engaged the services of Michael Guo as its new head of Asia for capital markets operations.




