Peugeot Citroen To Sell 408 Sedan In Russia
Mar 27, 2012French automaker PSA Peugeot Citroën S.A. will introduce a version of its popular 408 sedan in Russia this year, according to reports published Tuesday.
Rio Tinto Explores Sale Of Diamond Operations
Mar 27, 2012Rio Tinto PLC said Tuesday it is mulling ways to sell off its diamond operations, as the world's third-largest mining company tries to divest mines it says may no longer fit its growth strategy.
Foxconn Unit Paying $1.6B To Become Top Shareholder in Sharp Corp.
Mar 27, 2012Sharp Corp. announced Tuesday plans to sell new shares in itself to Hon Hai Precision Industry Co., part of Foxconn Technology Group, in an effort to raise 132.5 billion yen ($1.
China's Cinda Gets $1.6B From UBS, 3 Other Investors
Mar 16, 2012China's Cinda Asset Management Corp., which was formed in 1999 to buy bad loans from Chinese banks, received 10.4 billion yuan ($1.
Venezuela To End All Ventures With Exxon Mobil
Mar 16, 2012Venezuela's state-run oil company will terminate all ventures with Exxon Mobil (NYSE: XOM), the biggest U.S. oil company, when arbitration proceedings conclude, Oil Minister Rafael Ramirez said.
Glencore Bids $5.2 Billion for Canadian Grain Company
Mar 11, 2012Glencore International offered to buy Canada's largest grain company, Viterra, for $5.3 billion, the Sunday Telegraph reports.
WTO To Rule Against Boeing In Subsidy Dispute
Mar 09, 2012The Geneva-based trade body will uphold a ruling that Boeing got billions in dollars in unfair subsidies from the U.S. government, Reuters reported.
Emerging Markets Will Drive PC Sales Up 4.4% - Analyst
Mar 08, 2012Analysts predict traditional PC sales to increase in 2012 and beyond.
GM Annual Sales Surge 30.4% in China
Mar 06, 2012General Motors Co. saw a 30.4 percent year-over-year jump in sales of passenger cars in China in February, a record-setting month for the United States automaker.
BP Extends Brazilian Oil Exploration
Mar 06, 2012BP officials announced Tuesday the company has been given approval to explore for oil off the coast of Brazil's equatorial waters.
What Analysts Say
International Markets
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Citi Sells Stake in India's HDFC for $1.9 BlnCitigroup sold its stake in Housing Development Finance Corp (HDFC) for $1.9 billion, as global banks focus on shoring up their balance sheets to meet stricter capital requirements.
- BRIC member-nations, South Afrcia Mull Own Multilateral Bank
- Procter & Gamble to Slash 5,700 Jobs Worldwide as Part of Cost Cuts of $10 Billion
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