Finnair's new Chairman said that Finland should reduce its shareholdings in the national flag carrier, Finnair.
Corporations
UPDATE - Russian Tycoon Sets Bidding Battle
Mikhail Fridman goes head to head for VTB for Tele2. Russian billionaire tycoon Mikhail Fridman is ready to outbid VTB banks offer to purchase Tele2's Russian subsidiary.
UPDATE - Dongfeng Drops Fisker Interest
Possible strategic partners for Fisker, namely Dongfeng Motor Group and Zheijang Geely Holdings, have pulled out from discussions.
BP is investing in the Shetland Islands
The British oil company BP is pushing with its investments in the Shetland Islands. BP, the British oil giant is going ahead with an investment project located in the Shetland Islands.
US Airways and American Airlines Merger Approved
The merger to become the world's largest airline succeeded its first step after being approved by bankruptcy court.
Latest News
Allianz SE has acquired the largest insurer in Turkey for US$879 million. Europe's largest insurer Allianz SE has acquired Yapi Kredi Sigorta AS for the amount of Eur684 million or US$879 million.
Petrobras, in line with the goal of making Brazil energy self sufficient, is selling of its stakes in Agbami and Akpo projects.
H.J. Heinz says that it is planning to host a shareholder meeting to allow investors the time to think about your house and expenses.
American Realty said it has decided to increase its bid offer for Cole Credit Property Trust III after the latter's rejection of the first offer.
Merlin Entertainments Group is aiming for IPO either in New York or London through share sale. Merlin Entertainments Group is in talks with potential investors for its plan to sell shares by going public in either London or New York, the company's chief executive Nick Varney disclosed to Reuters.
Tanghan Steel has signed a deal with Duferco International Trading Holding to buy 10% stake in the latter as China seeks more steel export.
Australian regulators have approved the Qantas-Emirates international flights scheme. Australian anti-trust regulators have cleared the tie up between Qantas Airways Ltd and Emirates on international flights.
Canadian Industry Minister calls out foreign capitalists to invest in the country's wireless industry.
Ericsson is making a deal to acquire the IPTV business of Microsoft in a bid to offer services to phone companies.
