The following bids, mergers, acquisitions and disposals were reported on Tuesday. Top Russian oil firm Rosneft said it would sell about $6 billion worth of refined products to BP, establishing the British major among its biggest buyers after years without any such deal.
Sectors
What to watch in the day ahead
Cisco is expected to report higher quarterly profit for its fiscal first quarter of 2014. The report may uncover any evidence of sales pressure from the U.S. federal government shutdown and weakness in China.
NorthEdge Capital invests in Fine Industries
NorthEdge Capital invests GBP25.5 million in chemicals manufacturer Fine Industries Ltd of the Teeside, UK area to boost the company's presence and production for its future.
itBit creates Bitcoin exchange platform
itBit is a digital currency exchange that provides the latest platform for Bitcoind trading in differing currencies such as the US Dollar, Singaporean Dollars and in Euros.
Kering favours La Redoute buyer committed to keep firm going
French luxury goods group Kering, trying to sell its loss-making mail order unit La Redoute, said it would favor a buyer who would keep the business going after staff and politicians protested against looming job cuts.
Latest News
Solicore announced the first closure of its preferred shares A1 financing round with the participation of both new and existing investors to raise USD4 million in funding.
Oil and gas producer Harvest Natural Resources Inc said near-term liquidity constraints could hurt its ability to negotiate best possible terms to sell itself or its assets, sending its shares down as much as 32 percent.
General Sales and Leasing, Inc (GSL) and Xenetic Biosciences plc announced that they have reached an agreement on the terms of a recommended proposal for the Acquisition
The Association of Professional Flight Attendants, representing 16,000 flight attendants at American Airlines, cheered the announcement today that the Justice Department has accepted a settlement in its antitrust suit against American Airlines and US Airways.
Project A's Managing Director joins the board of Tictail for strategic and operational cooperation, whose membership includes experts in the social media and ecommerce platform.
U.S. AIRWAYS-NEW AMERICAN AIRLINES AGREED TO MAINTAIN ITS HUBS IN CHARLOTTE, NY, LA, MIAMI, CHICAGO, PHILADELPHIA, AND PHOENIX FOR A PERIOD OF 3 YEARS
Reuters reported that NK Rosneft' OAO (Rosneft) said it had agreed to sell oil product cargoes to BP worth over $6 billion, on top of a previous deal to sell oil worth $5.3 billion.
Barton Equity Partners and Tuckerman Capital extend financial assistance to Pacific Northern and its management in its dividend recapitalization undertaking for its expansion in the luxury market.
qodeo would be launching its cloud based service providing information as to VC/PE firms, pension and sovereign funds and user driven data for both business and academic purposes.
