Russian billionaire Alexander Lebedev is in talks to sell 4.5% of his stake in the country's flagship carrier, Aeroflot.

CEO for Royal Bank of Scotland was persuaded by the bank's board to step down to enable his successor to be in place prior the government's sale of its 81% stake.

India-based Apollo Tyres Ltd shares were down by 18% after the announced US$2.4 million deal to acquire Cooper Tire & Rubber Co. due to worries of the company's debt.

Vanguard Natural Resources announces its public offering of 2,200,000 shares at US$25 per share. Vanguard Natural Resources LLC has announced today the pricing of its public offering.

Lululemon Athletica Inc. Chairman, Dennis Wilson sold his stock for US$49.5 million days before the announced surprise departure of the company's CEO Christine Day.

Empire Co, Sobeys' operator, announced its planned acquisition for Safeway Canada for Can$5.8 billion that will close later this year after regulatory approvals.

According to sources, Numericable hired Rothschild to work on a Eur5 billion Paris Stock Market debut within the year.

Five hedge fund rivals top the list of possible investment alternative firms after an estimated US$3 billion to US$4 billion outside money leaves SAC Capital Advisors by year end.

Vodafone confirmed that the company is pursuing its informal offer to Kabel Deutschland which was priced EUR81 per share.

The board of Clearwire Corp. recommends the proposed bid from Dish over Sprint Nextel even before the hostile bid was raised.

Royal Bank of Canada announced looking for C$5 billion wealth acquisitions according to its CFO, Janice Fukakusa.

Clearwire Corp's board has urged its shareholders to accept the offer proposed by Dish priced at US$4.40 over the US$3.40 offer from Sprint.

WorldDesk received $1.25 million from investors including North Irish investment firm Lough Shore Investments in line with the laun

ClearLight Partners sold The Outsource Group to Parallon Business Solutions. (Photo : Reuters )Reuters/Ipsos polling reveals a remarkably high level of approval for nearly all the provisions of the act, often in the 80 percent range, despite opposition of respondents to the ClearLight Partners LLC, a private equity firm based in Newport Beach, California, agreed to sell The Outsource Group to a subsidiary to HCA Holdings called Parallon Business Solutions.

SEO company Conductor Inc. named Jin Caci as its new chief financial officer. (Photo : Reuters)The image is a whole floor of computers in a network. Search engine optimization services provider Conductor Inc.

Nimesh Shah, a former Deutsche Bank researcher and venture capital investor, is named as partner at VC company Domain Associates.

Anacor received a $45 million loan from Hercules Technology Growth, divided into three tranches. (Photo : Reuters)The image is a drug packaging machine in action.

The Colombian government is halting any progress by telecom company Telefonica. (Photo : Reuters)The image is a billboard of Telefonica SA. The government of Colombia is hindering Telefonica SA (TEF) from pursuing expansion in the country said the company's Latin American executive.

Sprint Nextel's merger talks with DISH Network failed as both company cannot agree on a compromise.

Severn Trend slipped after Borealis abolishes previous proposal. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. Severn Trent Plc (SVT) suffered in London trading after being left behind in a previous agreement to pursue Borealis Infrastructure Management Inc.

Euro-area rose amidst negative forcest led by France. (Photo : Reuters)This is a photo of the French and EU flag. The industrial output in the Eurozone has risen despite earlier predictions, mainly due to France's unexpected rebound, giving investors a glimpse of hope to a lomg-awaited revival of the currency bloc's economy from recession.

Developing countries are the new hotspots for investors in renewable energy according to two studies promoted by the United Nations.

Pharmaceutical giant Pfizer Inc. (PFE) announced it had reached a settlement worth $2.15 billion with Teva Pharmaceutical Industries Ltd. (TEVA) and Sun Pharmaceutical Industries Ltd. (SUNP) after almost a decade of trials over Protonix sales in the United States.

Rainfall in one of the world's main growing area of robusta coffee signals bearish bets as the industry stumbles, falling to its lowest level in almost a year and a half. The weather is expected to be more favorable for growers in Indonesia next week.

Thailand's CP ALL Pcl acquired Siam Makro Pcl after its shareholders agreed on the 189 billion baht ($6.1 billion) deal. This acquisition is considered to be the Southeast-asian nation's largest takeover in history.

Investment banking giant JPMorgan Chase (JPM.N) remained at number one after reporting a revenue of $6.9 billion on Wednesday. Four other companies are on JP Morgan Chase's trail, all four of which are currently tied at second place.

Venture capital firm Augment Ventures made another investment in Mercatus, its third one after the company's launch almost two years ago.

More discussions between Rio and Glencore is said to have transpired after early talks were held for the venture of two thermal coal assets in Australia.

Nocibe, a French perfume and cosmetic retailer received a lot of interested bidding parties including Douglas Holding and LBO France along with its alliance, Fosun.

According to a Wall Street Journal report, Carlyle Group seeks a hefty US$4 billion property fund, the biggest property fund since the financial crisis once gotten successfully.