The Russia-led South Stream undersea gas pipeline is still going ahead, Energy Minister Alexander Novak was quoted as saying on Saturday, following concerns the European Union might be losing enthusiasm for the project.
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Japan's Recruit prices $2 billion IPO at top of range
Japan's largest recruitment company Recruit Holdings priced its initial public offering at 3,100 yen on Monday, the top of its bookbuilding range, showing confidence in investor demand for the $2 billion listing.
Euro Disney agrees to funding deal backed by Walt Disney
Euro Disney (EDLP.PA) said on Monday it had agreed a 1 billion euro funding deal backed by its largest shareholder, the Walt Disney Co (DIS.N), which includes a share sale and a debt restructuring, to allow it to invest in the business.
BT mobile network grappling with technical issues: Telegraph
UK-based BT Group PLC could take until beyond the current financial year to return to the consumer mobile market, due to technical problems, the Telegraph reported.
As global oil futures tumble, U.S. cash crude traders ask: What glut?
An unusual disconnect has emerged in the U.S. oil market, with headline futures slumping to levels below $90 a barrel even as traders in the physical crude market report surprisingly robust demand and strong pricing.
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Shares of Yodlee Inc (YDLE.O), which is backed by private equity firm Warburg Pincus [WP.UL], rose about 45 percent in their debut, valuing the provider of software to financial companies at nearly $500 million. The company raised about $75 million after its initial public offering was priced at $12 per share, the mid-point of its expected range of $11-$13 per share.
Daimler has struck a cooperation deal with Nissan Motor Co. on transporter vans, deepening a strategic alliance between the German and Japanese automakers.
Redbox Instant, a streaming video service operated by Verizon Communications Inc (VZ.N) and Outerwall Inc's (OUTR.O) Redbox, will shut down next week because the venture has not been as successful as hoped, the two companies announced Saturday.
Greece will aim to achieve a primary budget surplus of 2.9 percent of output next year, just shy of the 3 percent target set out under its bailout deal, its deputy finance minister said in an interview published Saturday.
Japanese Prime Minister Shinzo Abe remains "completely neutral" on whether to raise the national sales tax, Economy Minister Akira Amari said on Sunday even as he expressed concern about the strength of the country's economic recovery.
Volkswagen (VOWG_p.DE) keeps lavishing money on supercar maker Bugatti, its most exclusive brand, even as the German group plans painful cuts in its core auto business.
German luxury automaker Daimler (DAIGn.DE) has cut its growth forecast for the global car market, blaming cooler demand in emerging markets and a plunge in Russian sales which has put a fledgling European industry recovery in jeopardy.
General Motors Co said on Friday it was recalling 524,384 cars and sport utility vehicles globally in two actions dealing with potential latch problems and loose parts and would stop sales of two new truck models with potential air bag defects.
Japan's August core machinery orders due next week are expected to rise modestly for a third straight month, a Reuters poll found - doing little to ease fears that the government's growth-promotion policies aren't working fast enough.
