A Russian state firm has offered to buy BP's half share in its huge oil joint venture. A Russian state firm has offered to buy BP's half share in its huge oil joint venture, a source said on Friday, in what would amount to a stunning reversal for the British firm and a bold assertion of Kremlin control over the oil sector.

State-owned China National Petroleum Corp (CNPC) has for the first time accepted outside investment in its gas business in response to government calls to open energy and other infrastructure projects to private investors.

The private-equity unit of Brazilian investment banking powerhouse BTG Pactual (BBTG11.SA) agreed to buy a minority stake in local apparel retailer Leader Participações.

India's Bharti Airtel (BRTI.BO) said on Sunday it would roll out 3G services in Rwanda in the next quarter and reiterated plans to invest $100 million in the central African country.

The slow market for merger deals is driving big-name investment banks into combat with smaller rivals for business from companies they usually ignore.

Makers of toilets and taps are sizing up Finnish rival Sanitec. Makers of toilets and taps are sizing up Finnish rival Sanitec, put on the block by private equity group EQT with a price tag of up to 1 billion euros ($1.

The price-to-earnings ratio is around 100 but Facebook even doesn’t have a clear long-term prospects.

New York state's pension fund assets rose 5.96 percent to $150.3 billion in the 2012 fiscal year.

Goldman Sachs Group Inc plans to channel investments totaling $40 billion over the next decade into renewable energy projects.

Private equity firms Silver Lake Partners and Partners Group are set to buy tax-free shopping business Global Blue.