Singapore-listed oil and gas firm Interra Resources Ltd aims to aggressively develop its two onshore oil fields in Myanmar and is eyeing new oil and gas blocks slated to come up for tender this year.

Sunoco Inc reached a tentative labor agreement with the members of the United Steel Workers union at its Philadelphia refinery late Tuesday.

Australian mining and media magnates are behind stake buys and takeover bids worth nearly $7 billion in the last two weeks.

A fund backed by Russian billionaire Mikhail Fridman's Alfa Group has bought 5 percent in UniCredit.

Beijing will promote the further development of the offshore yuan market in Hong Kong as part of a new package of policies for the territory.

Financing to meet the needs of the renewable energy sector between now and 2030 will exhaust the capacity of banks and utilities, and lead to the involvement of the capital markets, among others.

Quest Software Inc has received an improved bid from Dell Inc to buy the maker of enterprise management software for about $2.32 billion, a source close to the matter said on Monday.

Global private equity funds, which poured tens of billions of dollars into India investments when the economy and currency were flying high a few years ago, may be stuck with those holdings much longer than planned as the rupee's plunge plays havoc with their exit options.

Mergers under review by the European Commission and a brief guide to the EU merger process The following are mergers under review by the European Commission and a brief guide to the EU merger process:APPROVALS AND WITHDRAWALS-- Hon Hai to acquire a 46.

Abu Dhabi Investment Authority (ADIA) expects emerging market stocks to outperform in the long-term and said it took a "selective" approach in deploying money at its fixed income unit in 2011.

Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.

Delta Air Lines took the keys to the Trainer, Pennsylvania, refinery from Phillips 66 on Friday. Delta Air Lines took the keys to the Trainer, Pennsylvania, refinery from Phillips 66 on Friday, becoming the first air carrier to wade into fuel production in a bid to bring down costs.

BlackBerry maker Research in Motion is considering splitting its business in two. BlackBerry maker Research in Motion is considering splitting its business in two, separating its struggling handset manufacturing division from its messaging network, The Sunday Times reported.

European private equity fund Permira is moving its first global technology, media and telecoms (TMT) partner to Asia as it eyes higher investments in the region.

Private equity firm Cinven agreed two new deals to extend its reach into the fast-growing Turkish market and tap the resilient energy services sector.

News and developments in Asia private equity from Reuters News for the week ending June 22. News and developments in Asia private equity from Reuters News for the week ending June 22.

Daman Investments sold a 22.7 percent stake through a private placement which values the firm at 440 million dirhams.

Alberto Perez started out as a street performer and then an aerobics teacher in Colombia, making extra cash on the side teaching the wives of businessmen how to dance in nightclubs in his hometown, Cali.

Indan government quietly began preparing the ground for a new push to open up India's $450 billion retail sector to foreign firms.

Tesla Motors Inc Chief Executive Elon Musk on Friday made a stunning forecast: battery-powered cars will likely match the internal combustion engine in popularity by the middle of the next decade.

A series of high-level departures from BlackRock this month has raised questions about the direction of the world's largest money manager.

Italy's third-biggest lender, Banca Monte dei Paschi di Siena, has reached a deal to sell its 60 percent stake in a small unit for around 200 million euros.

Investment banking faces a shakeout and only large commercial players and boutiques offering outstanding service will survive and prosper, the head of emerging markets banking specialist Renaissance Group told Reuters.

European dairy firm Arla Foods Amba has tied up with China's baby food maker Biostime International to invest in adding production capacity for infant formula products.

U.S. private equity firm Bain Capital will buy a 50 percent stake in Jupiter Shop Channel. U. S. private equity firm Bain Capital will buy a 50 percent stake in Jupiter Shop Channel, a television shopping company, for about 100 billion yen ($1.

Private equity fund Carlyle Group (CG.O) is in talks with banks to refinance A$1.9 billion ($1.9 billion) in loans used to buy out Australian equipment hire company Coates Hire Ltd.

Mergers and acquisitions activity fell 25 percent worldwide in the first half of 2012 as global economic uncertainty reined in companies' expansion plans.

Chinese developer Sunac China Holdings agreed on Friday to pay 3.37 billion yuan ($529.52 million) in cash to buy stakes in property projects owned by debt-laden luxury home builder Greentown China.

Retail companies are proving to be a bright spot in a gloomy market for private-equity backed mergers and acquisitions.

Commodities trader Louis Dreyfus is buying a smaller-than-anticipated slice of Malaysian palm oil firm Felda Global Ventures Holding's (FGVH.KL) $3.1 billion IPO but sealed a deal to market the company's palm oil.