Rosneft beats rivals to grab Enel’s $1.8 billion SeverEnergia stake
MILAN/MOSCOW (Reuters) – Italy’s biggest utility Enel has completed the $1.8 billion sale of its stake in Russian natural gas producer SeverEnergia to Kremlin-controlled Rosneft , despite resistance from other shareholders.
Russian growth seen at 1.5-1.6 percent this year – minister
SEOUL (Reuters) – Russia’s economy is likely to grow by 1.5-1.6 percent this year, Economy Minister Alexei Ulyukayev said on Wednesday, below a government forecast of 1.8 percent that has already been revised down.
Flybe’s majority shareholder sells entire stake
(Reuters) – Flybe Group Plc said its majority shareholder, Rosedale Aviation Holdings, has sold its entire 48.1 percent stake in the airline to bluechip institutional investors.
Exclusive: TPG shakes up Asia leadership in middle of fundraising drive
HONG KONG (Reuters) – One of the world’s biggest private equity firms, TPG Capital, is reshuffling its senior ranks in Asia as it battles to finish raising money for its latest regional fund and bridge the gap with rivals.
Samsung aims to double its smartphone sales in Africa in 2014
CAPE TOWN (Reuters) – Samsung Electronics expects to supply half of the smartphones sold in Africa this year and aims to double these sales on the continent in 2014, an executive said.
Exclusive: Patton Boggs details merger talks with Locke Lord to partners
(Reuters) – The Washington law firm Patton Boggs, well-known for its lobbying and public policy work, came one step closer on Tuesday to merging with the Dallas law firm Locke Lord, according to a lawyer at Patton Boggs.
Enel completes SeverEnergia sale to Rosneft for $1.8 billion
MILAN (Reuters) – Italy’s biggest utility Enel said on Wednesday it had completed the sale of its stake in SeverEnergia to Russia’s Rosneft for $1.8 billion.
Analysis: Deflation threat in Europe may prompt investment rethink
LONDON (Reuters) – The threat of deflation in the euro zone could reverse a major investment trend of 2013, drawing funds out of stocks and into government bonds and cash.
Granted ‘decisive’ role, Chinese markets decide to slide
SHANGHAI (Reuters) – Unimpressed by the promotion of markets to a “decisive” role in China’s reform agenda for the next decade, investors sold off Chinese shares on Wednesday, disappointed by a lack of details in the reform plan and apparent reluctance…
Mexico becoming Nissan’s export hub for Americas: CEO
AGUASCALIENTES, Mexico (Reuters) – Nissan Motor Co Ltd will build 1 million cars in Mexico by 2016, cementing the country’s position as the export hub for the Japanese automaker in the Americas, Chief Executive Carlos Ghosn told Reuters as he inaugurat…
