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.

Royal Bank of Scotland's former trader Sharlina Tsang was sentenced to 50 months of imprisonment in Hong Kong after she had pleaded guilty for fraud.

Salus Capital Partners provided Dots, the fashion apparel retailer, a USD51 million refinancing package through a senior secured credit facility with a term loan.

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.

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.