Yury Kovalchuk's Bank Rossiya and his partners purchased a 50% stake in the Russian unit of Tele2.
IVCPOST Staff Reporter
Roche Chief Executive Officer Severin Schwan said the founding families of Roche Holding would prefer to remain independent.
Police arrested a baggage handler for the Sunday ice explosions at the Los Angeles Airport.
A study found that Oreo cookies were as addictive as cocaine.
Harley-Davidson recalled some motorcycle units because of problems with its hydraulic clutch system.
Harley-Davidson voluntarily recalled several motorcycle models made between May to October this year.
A group of private equity investors, SoftBank and eBay had pumped in around USD150 to USD200 million worth of new funding to online marketplace Snapdeal.
Lehman Brothers' Australian creditors had approved a proposed insurance payment plan that allowed the company to receive around USD48 million.
Orient Corp, a Japanese consumer credit company, had been probed by authorities for lending to crime groups with Mizuho Financial Group Inc.
BlackRock Inc. had reduced its Hong Kong investment after slow growth in the economy, said a Bloomberg report.
The European expansion plans of billionaire Carlos Slim was put on hold after failing to persuade the management of KPN to accept his takeover proposal.
Ahead of its IPO, Twitter hired JJ Hirschle, a former Google advertising executive as the company aimed to expand its businesses and strengthened its workforce.
US President Barack Obama had urged the Congress to move along with other agendas after reaching a deal to end the partial shutdown of the country.
The Singapore Stock Exchange had questioned the authority of Asiasons Capital to issue new shares for the acquisition of a stake in a US oil and gas company.
Jos. A. Bank Chairman Robert Wildrick said in an interview last Wednesday that the US apparel retailer had received strong support from top shareholders in the company for its Men's Wearhouse Inc. bid valued USD2.3 billion.
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