Like MTS, Megafon seeking to expand into banking services

Megafon is discussing with small lending institutions as to the eventual integration of banking services with its telecommunications services.


Baupost Group set to return money to clients

Seth Klarman's Baupost Group, for only the second time, would return money to its clients. One of the largest hedge funds in the world, Seth Klarman's Baupost Group has nearly USD28 billion in its portfolio, had laid out plans to return money to its clients by the end of 2013.

Abu Dhabi Energy Corp's Moroccan unit set for IPO

Subject to board approval, all preparations are being done for the IPO of the Moroccan unit of the Abu Dhabi Energy Corp.

Twitter inclined to register IPO with NYSE Euronext

After making its IPO intentions public, the choice of the bourse to register takes centerstage for microblogging service Twitter.


Latest News

Google Inc expressed its apologies in a blog post over email delivery delays in Gmail, its email product.
Video game developer Rockstar Games and its latest video game release Grand Theft Auto 5 broke new records in UK.
Novamax had share prices advance 66% of pre-IPO prices after close of trading. Novamax, the vaccine manufacturer, announced Tuesday that it is projecting to raise around USD82.
A security analyst told Neil Rubenking of PCMag.com's Security Watch that the TouchID was still a very convenient security feature for iPhones despite the technology being hacked by tech experts.
With an emphasis on speed, Apple Inc on Tuesday released its latest line of the all-in-one iMac desktop retailing at a starting price of USD1,299.
Several top private equity firms had expressed in a convention that Africa would be seeing an influx of investments in the near future.
The sale of Illinois Tool Works' industrial packaging business would affect its overall revenues.
The city morgue of Nairobi had readied itself to receive more dead bodies from the mall attack in Nairobi, Kenya.
An estimated 12.6 million viewers watched the premier episode of NBC's "The Blacklist."
British specialist financial services group Close Brothers Group Plc experienced a 5% increase in its adjusted operating profit to GBP25.7 or USD41.2 million this year ended July 31.