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Russian tycoon Suleiman Kerimov had been planning to sell 21.75% stake in Uralkali, held through his foundation, said reports.

Temasek Holdings appointed Dr Wu Yibing as its new co-head for China business effective October 1, 2013.

Ford Motor Co. announced naming a new US sales chief after the retirement of its current executive effective November 1.

Analysts said Sanofi could buy back its L'Oreal shares with cheap debt to boost earnings. Sanofi Aventis' Chief Executive Officer said on Friday that repurchasing L'Oreal's 9% stake in the drugmaker might make sense.

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KKR, the buyout firm, sold off its 11% shareholdings in Danish telecommunications firm TDC to institutional investors.

According to a Bloomberg report, Twitter Inc. was trying to avoid moves that got Facebook Inc. lost half of its value after it went public last 2012.

The much awaited horror flick Insidious 2, released on September 13, got a lot of negative reviews from different publications.

Solaire Casino Resort, which is owned by Bloomberry Resorts Corp, had terminated the management services agreement over the casino with Global Gaming Asset Management LLC.

Indian banks are seeking to set up shop in Mauritius in order to gain from possible business the African continent would provide.

Saudi Telecom, whose goal is to repay a USD1.2 billion debt, is planning to sell off its subsidiary to raise the funds.

Tata Capital had been planning to launch a private equity fund in the African region. Tata Group's financial services unit, Tata Capital had been planning to launch an Africa-focused private equity fund.

California would soon have one of the highest minimum wages in the US at USD 10 an hour. The minimum wage of California was slated to rise to USD 10 per hour in the next three years.

According to Bechtel EAME President David Welch, the growing business in the Gulf region required the opening of a new office.

According to a report by The Economic Times, India Infoline would be separating its brokerage business to meet banking regulations.