Bankers are lining up just over 1 billion pounds ($1.51 billion) of debt financing to back private equity firm KKR’s potential bid for the UK assets of cement makers Lafarge (LAFP.PA) and Holcim (HOLN.VX), banking sources said on Friday.
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Bureaucracy delaying Qatar Airways launch in Saudi: CEO quoted
Complicated bureaucracy is delaying the launch of Qatar Airways' domestic operations in Saudi Arabia, and they are now expected to start in six to 18 months, the airline's chief executive was quoted as saying.
'Vibrant India': Modi's superlative act to charm investors
Global statesmen and business titans descend on Indian Prime Minister Narendra Modi's home state on Sunday to pay homage to the man they are counting on to unleash big-bang reforms and create one of the few bright spots in a troubled world economy.
Volvo to sell Chinese-made cars in U.S. this year - execs
Volvo Car Group plans to export a Chinese-made midsize sedan this year to the United States, and is starting to weigh the possibility of building a vehicle factory in the United States, people familiar with the Chinese-owned automaker’s plans said.
Legal challenge shows rocky path to ECB money-printing
A landmark legal opinion this week will remind the European Central Bank of the limits it faces as it advances towards money printing, while a tumbling oil price saps inflation in debt-strained Europe.
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A hacker claiming to be behind a cyber attack on Banque Cantonale de Geneve on Friday divulged confidential client information after the Swiss bank failed to meet demands for payment.
Over the past seven weeks, Sony Pictures' chief executive has dealt with the fallout from a cyberattack he likens to having your house robbed and burned to the ground.
Germany's highest court has declined to hear a complaint brought by online taxi service Uber over a ban on its activity in the city of Hamburg, dealing a blow to the company.
A fire on Friday at an Amazon.com Inc data center under construction in Virginia was quickly extinguished and all workers at the site left safely, the company and county officials said.
Ellen Pao, a former partner at Kleiner Perkins Caufield & Byers who has filed a discrimination and retaliation lawsuit against the venture firm, had offered to resign from Kleiner five years before filing her lawsuit, court documents show.
Semiconductor company Silicon Image Inc, whose technology helps streams video between consumer electronic devices, is exploring strategic alternatives, including selling itself, according to people familiar with the matter.
The People's Bank of China will continue to maintain "prudent" monetary policy in 2015, keeping credit growth stable while having its hands free to fine-tune policy when necessary, the regulator said in an online statement on Friday.
Demands for compensation from Chinese car dealers hit by a market slowdown have become an industry-wide issue, BMW's board member for sales said on Friday, adding relations were not simply about "holding hands and walking into the sunset."
Fitch Ratings cut its rating on Russia to 'BBB minus' from 'BBB', citing significant deterioration in the country's economic outlook due to the slump in oil prices and falling value of the rouble.
