India’s ONGC to buy $2.64-billion stake in Anadarko Mozambique gas block
MUMBAI/NEW YORK (Reuters) – India’s Oil and Natural Gas Corp has agreed to buy 10 percent in a gas field offshore Mozambique from Anadarko Petroleum Corp for $2.64 billion, as the explorer looks to offset diminishing supplies from domestic gas fields b…
Weidmann urges governments not to rely on ECB to solve crisis
BERLIN (Reuters) – European Central Bank Governing Council member Jens Weidmann urged governments not to rely on the ECB to solve their problems, saying the central bank would do best by sticking to its mandate.
Germany’s GSW sees some merit in Deutsche Wohnen tie-up
FRANKFURT (Reuters) – German residential landlord GSW Immobilien said a proposed $2.3 billion takeover by rival Deutsche Wohnen could make sense and it will make a decision after full details are published.
India’s fiscal deficit target getting more challenging: Fitch
MUMBAI (Reuters) – Fitch ratings said it was getting more challenging for India to meet its fiscal deficit target in the current fiscal year ending March 2014 with revenues slowing.
ING’s Asia exit plan nears end as MBK agrees to buy South Korea unit
SEOUL/HONG KONG (Reuters) – ING Groep edged closer to completing its year-and-a-half-old Asia divestment plan after private equity firm MBK Partners agreed to buy its South Korean insurance unit for total cash proceeds of 1.84 trillion won ($1.65 billi…
Heineken controlling families to up stake in Heineken Holding
BRUSSELS (Reuters) – The families that control Heineken said on Monday they planned to buy up to 100 million euros ($134.0 million) of shares in Heineken Holding .
Analysis: New Microsoft CEO faces big choices post-Ballmer
SEATTLE (Reuters) – The next CEO of Microsoft Corp has one big decision to make: press on with retiring chief executive Steve Ballmer’s ambitious plan to transform the software giant into a broad-based devices and services company, or jettison that ide…
Greece could return to debt market in late 2014, Stournaras says
BERLIN (Reuters) – Greece could return to debt markets to test the water in the second half of 2014 if his country returns to growth in the first half of next year and manages a primary surplus, its finance minister said in a German media interview out…
China economy showing clear signs of stabilization: statistics bureau
BEIJING (Reuters) – China’s economy is showing clear signs of stabilization, helped by policy support and some improvement in global demand, and is on track to meet the government’s 2013 growth target of 7.5 percent, the state statistics bureau said on…
Muriel Siebert, first woman to buy seat on NYSE, dies at 80
WASHINGTON (Reuters) – Muriel Siebert, the first woman to own a seat on the New York Stock Exchange, has died of complications from cancer, Leonard Leiman, a director at her firm Siebert Financial Corp., said on Sunday. She was 80.
