The IPO, which would have been the first in the UK involving a Russian company this year, was postponed due to market conditions and investor sentiment.

The Energy Regulatory Commission said that the country needs to improve its energy sector. Kenya's energy regulation agency said today that the country will increase its efforts in improving its investment climate.

According to Ernst & Young, UK IPO market's success was driven by smaller US tech firms. According to the latest IPO Eye report from Ernst & Young, the UK initial public offering market ranked third, after the New York Stock Exchange and NASDAQ.

M.D. Sass, led by Martin Sass, opened its new equity income fund. Leading investment management firm in Sacramento M. D. Sass announced today that it began its M.

The Indian government started the clearance of tech investments in the country. Internet and technology firms Bosch and Samsung were the first companies to receive clearance for their investments in India.

Blue Ant Media received an investment from Difference Capital Financial. Private investment firm Difference Capital Financial Inc. announced today that it has agreed to a US$4.

Scotiabank withdrew its offer for Bank of Guangzhou's 20% stake after Chinese authorities' refusal for its Can$719 million bid.

Telenor appointed Petter Furberg as new CEO. Telenor Group named a new Chief Executive Officer for Telenor Myanmar. The company appointed Petter Furberg for the position, effective upon approval from relevant Myanmar authorities.

The Philippines' biggest corporation eyes to raise US $4 billion for its power assets shares. San Miguel Corp, Philippines' top acquisitive company, is planning to accumulate US $4 billion to finance its infrastructure project expansion by selling its power assets.

South Africa's second-biggest financial services corporation's talks to purchase Merchant Ghana Bank failed.