Russian potash saga brings new owner into Uralkali
MOSCOW (Reuters) – Tycoon Mikhail Prokhorov agreed to buy a stake in Uralkali , the world’s largest potash miner, as Russia seeks to ease tensions over the collapse of a potash sales cartel with Belarus that drove down global prices.
Fairfax agrees to acquire majority stake in The Keg
(Reuters) – Fairfax Financial Holdings Ltd has agreed to acquire a majority interest in privately held Keg Restaurants Ltd (KRL), which owns over 100 steak house restaurants in Canada and parts of the United States.
Qatar Airways to launch Saudi services early next year
DUBAI (Reuters) – Qatar Airways will launch domestic operations in Saudi Arabia in the first half of 2014, the chief executive of the airline said on Monday.
Washington Post Co to change name to Graham Holdings Co
(Reuters) – Washington Post Co is changing its name to Graham Holdings Co after it sold the Washington Post newspaper to Amazon.com Inc founder Jeff Bezos.
Google, Microsoft tighten online searches to combat child porn
LONDON (Reuters) – Google and Microsoft unveiled measures to block online searches for child sex abuse images on Monday as part of a bid by British authorities to crackdown on Internet pedophiles.
Bidders for AIG unit ILFC in talks with financiers – Bloomberg
(Reuters) – Taiwanese tycoon Richard Tsai and Chinese financier Xiao Jianhua are in talks to help fund a long-delayed $4.2 billion purchase of U.S. insurer American International Group Inc’s aircraft-leasing unit, Bloomberg reported.
RBS in talks to sell equity derivatives business
LONDON/PARIS (Reuters) – Royal Bank of Scotland said it was in talks to sell its retail investor products and equity derivatives (IP & ED) business, as it slims down its investment bank.
Aberdeen buys Scottish Widows from Lloyds for $1 billion
LONDON (Reuters) – Aberdeen Asset Management bought Lloyds’ fund management arm Scottish Widows for about 660 million pounds ($1.1 billion) on Monday, making it Europe’s No. 1 listed stand-alone fund manager.
Letta says confident Italy can reduce deficit in 2014
ROME (Reuters) – Italian Prime Minister Enrico Letta said on Monday he was confident the country can reduce its deficit in 2014 due to a program of privatizations and a spending review.
Spain’s bad loans ratio rises to 12.7 percent in Sept
MADRID (Reuters) – Spanish banks’ bad loans as a percentage of total lending rose to 12.7 percent in September from 12.1 percent in August, marking a new high, Bank of Spain data showed on Monday.
