Russian billionaire Roman Abramovich is close to concluding purchase of White Gardens, a top-end office complex in Moscow's business district.
Investors
Airline merger trial set for March 2014
U.S. Justice Department asked a federal court to set trial date on March 3 to hear arguments on whether it should halt a planned merger between US Airways and American Airlines.
Plains All American bids for PAA Natural Gas Storage shares
Plains All American Pipeline LP offered USD740 million in stock to buy the 54% of PAA Natural Gas Storage LP that it does not already own.
DOTC defers bidding for proposed ticketing system of MRT, LRT
A Philippine regulator postponed the bid for a ticketing system to be used by the MRT and LRT. The Department of Transportation and Communications (DOTC) in the Philippines deferred the submission of bids for the ticketing system of the country's rail transportation systems.
AssuredPartners Inc completes acquisition of GBP Risk Solutions
AssuredPartners closed its purchase of GBP Risk Solutions, an Arizona-based insurance firm. Florida-based AssuredPartners Inc announced the completion of its acquisition of Golseth & Gregson Insurance Services which does business as GBP Risk Solutions.
Latest News
The US Court of Appeals in Denver ruled for the National Credit Union Administration and allowed it to use the extender statute to pursue its claims against big banks regarding MBS.
Wal-Mart Stores Inc signed a deal to import South African wine label Seven Sisters in an agreement that ended the legacy of apartheid.
Sources said Grupo Mexico would delay its planned initial public offering of its America Mining stake.
Las Vegas Sands Corp pays USD47.4 million to end federal probe on suspicious cash flow. The Las Vegas Sands Corp, operator of the Venetian and Palazzo hotel complex in Las Vegas, agreed to pay USD47.
The Hong Kong Stock Exchange would need to make a difficult decision on Alibaba's proposal to retain control after its planned IPO.
South African grocer Spar Group Ltd said it would be working with an Angolan partner to open a store in Luanda in the next six months.
The United States would be offering loans again through its Advanced Technology Vehicle Manufacturing loan facility.
Japan-based Nissan Motor Co said it would be willing to work with Google and other firms to develop self-driving vehicle systems.
The US Federal Communications Commission said it is working with CBS and Time Warner to bring an end to the blackout that affected their consumers.
