Russian oil producer Rosneft announced on Monday that it would be buying out the minority shareholders of TNK-BP Holding for USD1.5 billion to complete its USD55 billion takeover of TNK-BP.

By providing capital during the 2008 crisis, Berkshire Hathaway now reaps the profits in terms of Goldman Sachs stock.

As the US Capitol registered no activity on the possibility of a government shutdown, a report outlined some possible financial effects if it finally occurred.

A National Journal report said the US government would be headed for a shutdown if the two houses of Congress still won't come to an agreement on Obamacare.

Colombia's largest private oil company Pacific Rubiales Energy Corp intended to purchase oil producer and explorer Petrominerales Ltd in a COP COP1.6 billion or USD1.55 billion deal, according to its regulatory filing.

Wall Street Journal reported on Sunday that Royal Dutch Shell would be selling its Eagle Ford unit in South Texas.

A Reuters report said that the USD2.5 billion takeover proposal of Cooper Tire and Rubber Co by Apollo Tyres Ltd would be awaiting shareholder approval.

Glencore Xstrata was unlikely to be considered a bidder for OZ Minerals, said a banker familiar with both companies.

King.com confidentially filed an initial public offering following the much awaited debut of Twitter Inc's IPO, said a person familiar with the matter.

Creditors were poised to provide USD5.9 billion loans to Tokyo Electric Power Co. (Tepco), according to a Reuters report.