Rosneft, Russia’s largest oil company, has received a new loan from Promsvyazbank to help it weather U.S. and European Union sanctions, and may yet get financial help from the ... Read More
Christine Lagarde, the head of the International Monetary Fund, said on Wednesday that French prosecutors had placed her under formal investigation over a murky business affair that dates to ... Read More
The chief executive of Wells Fargo has warned that the biggest US mortgage provider will avoid providing home loans to people with lower credit scores unless federal authorities reduce ... Read More
Oversea-Chinese Banking Corp. (OCBC) and its insurance subsidiary are in exclusive talks to sell their stakes in Singapore’s United Engineers Ltd. and its WBL Corp. unit to Thailand’s richest ... Read More
Hedge funds investing in India have become the world’s best performers this year on expectations that Prime Minister Narendra Modi will revive Asia’s third-largest economy. India-focused hedge funds, with ... Read More
More than 130 businesses have signed a letter saying the business case for Scottish independence “has not been made”. Scotland will go to the polls in the referendum on ... Read More
FTSE 250 company Essar Energy’s legal team is being restructured following its controversial de-listing and general counsel Sheena Singla is considering an informal panel shake-up as a result. India’s ... Read More
Venture capital firm Kleiner Perkins Caufield & Byer has agreed to invest in fast-growing messaging startup Snapchat at a valuation close to $10 billion, the Wall Street Journal reported ... Read More
AT&T Inc is merging its wireless and business divisions into a single unit led by Ralph de la Vega, former chief executive of the company’s wireless segment, a spokesman ... Read More
Burger King Worldwide Inc (BKW.N) agreed to buy Canadian coffee and doughnut chain Tim Hortons Inc (THI.N) (THI.TO) in cash and stock to create the third-largest quick service restaurant ... Read More
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