Xinyi Glass announced plans to spin off Xinyi Solar Holdings and list it in the Hong Kong market. China-based Xinyi Glass Holdings Ltd announced its intention to spin off Xinyi Solar Holdings Ltd and list the business in the Hong Kong bourse.
Sectors
Sycamore, KKR to bid on Jones Group - report
According to a report by the New York Post, two sources said that private equity firms Sycamore Partners and KKR & Co LP would be bidding for fashion retailer The Jones Group within this week.
Rosneft expects to hit analysts expectations after TNK-BP deal
Russia's top crude producer Rosneft has hopes that it would be earning RUB439 million or USD13.8 billion after its acquisition of Moscow-based oil company TNK-BP.
Morgan Stanley and others in faulty securities sale lawsuit by US regulator
The National Credit Union Administration (NCUA) had filed complaints against Morgan Stanley and eight other financial institutions for selling faulty mortgage-backed securities.
News of Gazprom divesting shares leads to rise of Amber Grid
Investors welcomed the news that Gazprom would be divesting itself of the 37% stake it holds in Lithuania's Amber Grid.
Latest News
Patrizia Immobilien announced it had agreed to buy 36 offices valued at EUR 800 million from CA Immobilien Anlagen.
Saad Al Muhannadi and Rachid Al Naimi were appointed as President of the Qatar Foundation and CEO of Qatar Foundation Investments respectively.
A source told Bloomberg that Sony's Head of Marketing for its film unit, Marc Weinstock, was removed from his role.
Russian Presidential aide Yury Ushakov told reporters that state-backed nuclear company Rosatom would be signing an agreement with Fennovoima for the construction of a nuclear power plant.
Fairfax Holdings formalized a bid for BlackBerry at USD9 per share. In a surprise announcement, smartphone manufacturer BlackBerry had entered into an agreement to go private through a USD4.
A unit of China Investment Co, Chengdong Investment Corp, converted its Uralkali bond purchase to stock.
Boeing may well be the winner of the KRW 8.3 trillion or USD 7.7 billion South Korea fighter jet tender, a source told Reuters.
According to two unidentified sources, China would be opening its Internet portals to Facebook and other websites in the free trade zone in Shanghai.
Today, Dealertrack announced signing an agreement to acquire VINtek in a deal valued approximately USD53.4 million.
