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.
Investors
News Corp reports increase in revenues
News Corp, where 7% is owned by Prince Alwaleed Bin Talal,reported an increase in annual income. Publishing company News Corp controlled by Rupert Murdoch reported an annual revenue growth of 2.
BlackBerry co-founder approaches Carlyle Group for possible bid
Mike Lazaridis, one of the founders of BlackBerry, sought Carlyle's decision on a possible bid for the smartphone maker.
Tata-SIA partnership can change game play in overcrowded aviation sector
The partnership between Tata and Singapore Airlines could be a major game changer in the aviation industry where both firms invested USD100 million.
Finmeccanica in dicussions with CDP to acquire energy unit: paper
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.
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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.
Despite allegations of anticompetitive behavior, Huawei continued with expansion plans to Europe. Huawei, Chinese telecommunications equipment manufacturer, had laid out plans to create 5,500 jobs in Europe within five years.
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.
With a net operating loss between USD950 million and USD995 million, BlackBerry is feared to be nearing its closure.
Mobile networks expressed concerns over the shortage of Apple's iPhone 5S. Mobile networks were concerned about the shortage of Apple's newest iPhone 5S.
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.
Senator Al Franken wrote a letter to Apple's Head Tim Cook to raise concerns about the fingerprint scanning technology of the iPhone 5S.
