Provincial Government of Alberta Canada made arrangements to ship oil via TransCanada pipeline (Photo : Reuters)Provincial government of Alberta government agreed to transport oil via TransCanada pipeline Canada's province of Alberta, having the world's third largest crude reserves, made a deal with TransCanada Corp (TRP) to ship oil via pipeline for C$5 billion.

The African Development Bank conducted feasibility studies on Northeast African projects. (Photo : Reuters)This is the Nile River in modern times. African Development Bank's energy sector official Khalid Al Askari said today that the bank have conducted studies on a planned electricity link investment project spanning three countries - Ethiopia, Sudan, and Egypt.

Five directors of Trio Capital Limited accepted enforceable undertakings from APRA. (Photo : Reuters)This is the corporate logo of Trio Capital. In an announcement made by the Australian Prudential Regulation Authority or APRA today, five Trio Capital Limited directors have been relieved of their positions due to their admission of failure.

According to sources, Barclays PLC, Citigroup Inc and JPMorgan Chase & Co. are set to manage Eastern Europe's largest budget carrier, WIzz Air's initial public offering.

Sindh chief minister urged foreign and local investors to invest in the region's several industries.

An estimated 84 megawatts of power will be generated after a pipeline investment is made in the Gulf region.

Investor Eduardo Elsztain withdraws his support for IDB Holding. (Photo : Reuters)This is Argentinian investor Eduardo Elszatain. Argentinian investor Eduardo Elsztain withdrew his planned backing of IDB Holding Corporation, a member of Nochi Dankner's portfolio of companies.

Telefonica SA, Spain's top broadband and telecommunications provider plans to hold off initial public offering of Colombia division because of government talks.

Temasek, a Singaporean sovereign wealth fund, posted a portfolio gain citing good investments as reason.

Capstone Infrastructure and Shares of Renewable Energy agreed to exchange shares to form a combined entity that was not only well-funded but also diverse.

To achieve the 3% leverage ratio target proposed by Basel, analysts claimed that Deutsche Bank still has to increase its capital or decrease its assets by 409 billion Euros.

TigerAir Singapore, is planning on expanding and increasing its roster of flights to Malaysia. (Photo : reuters. com)Tigerair plans Malaysian Expansion At the present, TigerAir only has flights to Penang and Kuala Lumpur.

Sprott and CITICPE joint venture would not proceed as planned. (Photo : Reuters)The image shows the facade of a Chinese bank operated by the CITIC Group, who also operated CITICPE HK.

Russia's Gazprombank has withdrawn from the Swiss franc Tier 2 Bond deal, source revealed. (Photo : maximzimin. com)Gazprombank pulls out of deal allegedly While the third largest bank belonging to the Russian Federation, Gazprombank, has yet to give an official statement on this move, the source confirmed that the bank preferred to wait for better market conditions before continuing on with the Swiss Franc Tier 2 deal.

Stolt-Nielsen and Sungas were now the new co-owners of AGHL after Traspetrol used its call option to buy back its shares in the company.

Tesla Motors’ stock continued to soar, reaching up to 250% this year so far. (Photo : Reuters)The image shows the logo of Tesla Motors, whose stock has been performing well lately.

Dayli, an Austrian drug store chain acknowledged that its neighborhood stores concept is not effective, and therefore filed for a restructuring on Thursday.

Two food giants, Nestle and Danone faced China's probe on the food sector for unethical practices with price cuts on infant milk formula.

Mairs & Power Prepares for Bill Frels'Retirement (Photo : Reuters)This is the logo of Morningstar, who gave Mairs & Power Growth and Balanced funds a Silver Analyst Ratings under Bill Frels' leadership.

Temasek Holdings, an investment company belonging to the Government of Singapore, hold on to their stocks of China's top banks.

Japanese bank ORIX acquired 90% stake in Robeco. (Photo : Reuters)The image shows the logo of Robeco Groep, an asset management firm where ORIX Corporation recently bought 90% stake in.

MCH Group welcomed its new board members. (Photo : Reuters)The image shows the logo of Expomobilia AG, whose upcominng BOD delegate, Jean-Marc Devaud, is a current member of the Executive Board.

Montagu Private Equity bought CliniSys from ECI for 2.5 times the initial investment. (Photo : Reuters)This is the logo of CliniSys, a healthcare IT company that was recently acquired by Montagu Private Equity.

Yandex and Sberbank of Russia finalized their joint venture for Yandex.Money for about US$60 million.

The European Parliament approved a plan that would fix carbon market glut and resolve problems regarding its price plunge.

An Astaldi SpA-led unit would build 1.3 kilometer bridge in Turkey and would earn US$2.3 billion. (Photo : Reuters)The photo exhibits a bridge in Turkey that connects the two sides of Istanbul.

Gold Horizons Mining and Atlantis Gold SAC joint venture receives offer (Photo : Reuters)The image is the logo of Gold Horizons Mining, which receivend an offer for joint venture with Atlantis Gold SAC.

Royal Bank of Scotland Group Plc's competitors were eyeing its defined retail merchandise and equity derivatives trade after being bailed out.

Analysts said that investments on augmented reality technology will grow within the next few years. (Photo : Reuters)Motion response is a principle in augmented reality technology.

Angel investors in India opposed a new three-year lock in rule by Sebi. (Photo : Reuters)This is an image of the Indian flag. The biggest angel investor group in Asia, India Angel Network, stated its apprehension over Sebi's proposal to do a lock in period for angel investors lasting three years.