The oil consortium led by Essar oil is questioning a planned move to rescind an award over oil fields made seventeen years ago.
Investors
BYD makes comeback thanks to gasoline-fueled cars
BYD Co Ltd is in the midst of a comeback thanks to a jump in sales of its gasoline-fueled cars. BYD Co Ltd, the company best known for electric cars, is in the process of a comeback with the help of traditional gasoline-fueled vehicles.
Indofood to make bid for Minzhong
Indofood Sukses Makmur Tbk PT has been considering a hostile takeover of Singapore-listed China Minzhong Food Corp Ltd after a short-seller attack decreased the Chinese food producer's market value.
Everbright senior executives resign after insider trading allegations
Two of Everbright Securities senior executives resigned after severe penalties amounting to were imposed on the company for allegations of insider trading and other illegal activities.
Etihad still waiting regulatory clearance for USD600 million Jet Airways deal
Etihad plans to invest USD600 million in Jet Airways after approval from Indian authorities. Etihad extended the regulatory clearance deadline of its USD600 million deal with Jet Airways.
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The mining industry would suffer further degrowth without changes in policy and structure. Many experts have called out to the government that the mining and quarrying industry would most likely suffer more as it contracts by 2.
The Saudi Arabian government has cut down the number of pilgrims allowed to Mecca by requiring bonds for ferrying airlines because of ongoing expansion and construction at Islam's holiest mosque.
Many Gulf markets registered losses as the region prepares for the possible military action to punish the Syrian chemical attack on civilians.
The boards of Verizon and Vodafone would vote over the weekend on the proposed USD130 billion buyout.
After a three year prohibition on share trading, Warba Bank shares are now available for trading in the stock market.
The latest purchase made by Coca-Cola in Mexico was recently announced after an acquisition spree across three continents was undertaken.
The secondary market for earlier smartphone models is growing at an exponential rate. In an announcement last Friday, Apple Inc had launched a trade-in program in its US retail stores for earlier models of its iconic iPhone.
Ironridge Global Partners LLC establishes China fund to invest in Chinese midcap companies or US firms doing business in China.
To better achieve business goals for their partners, the InfoTrust Group utilizes the goodwill and leverage the Flatirons Solutions name provides.
