Russia's Rosneft agreed to double its oil supplies to China on Friday. (Photo : Reuters)The image shows the company logo in a Rosneft petrol station.
Industry
Tsinghua Holdings Offers US$1.38 Billion Buyout for Spreadtrum
Spreadtrum, a Chinese cellphone chip designer said it received a buyout proposal from Tsinghua Holdings priced at US$1.38 billion.
Morgan Stanley Gets Approval to Acquire Remaining Stake
According to Morgan Stanley, it has received a clearance notice to acquire the remaining 35% stake in its joint wealth management firm.
Sources: Blackstone Interviewing Banks for Brixmor IPO
According to sources, Blackstone is interviewing banks for the initial public offering of its shopping center company, Brixmor Property Group Inc.
Sun Life: Regulatory Hurdles to Delay U.S. Annuity Unit Sale
Sun Life Financial Inc. said on Friday that the delay of its US annuity business is likely to happen as regulators conduct reviews of private investor groups.
Latest News
SoftBank executive Masayoshi Son announced confidently that the deal offered for Sprint will be completed in July.
Rabobank CEO Piet Moerland is set to step down by 2014. (Photo : )The image is the corporate logo of Rabobank. Dutch cooperative lender Rabobank, which is in the midst of the LIBOR interest rate scandal, has announced that its CEO Piet Moerland would be leaving the financial institution by next year.
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
Foreign investors purchased a large volume of domestic South Korean bonds equalling net stock sales to foreign buyers overall.
Patrick Wolff is betting that China's markets would crash. (Photo : Reuters)The image is a Chinese bourse board in the red. Patrick Wolff, the chess master who became a hedge fund manager is predicting a stock market crash to happen in China.
Negev Energy is building solar powered plants in the southern part of Israel. (Photo : Reuters)The image is a sample of a solar farm that uses energy to heat water.
During its annual shareholders' meeting, Cole Real Estate Investments voted to approve the amendments for its company's charter along it to be listed in the New York Stock Exchange by June 20, 2013.
Orascom, the subsidiary of Vimpelcom, had withdrawn its bid to gain majority interest in Wind Mobile.
SandRidge Energy Inc. CEO Tom Ward was ousted from the company last Wednesday due to accusations of strategic mistakes and self-dealing at the expense of the company's shareholders.
