Russia says Rosneft privatisation process is nearing completion
MOSCOW, Oct 26 Russian economy minister Alexei Ulyukayev said on Wednesday that the privatisation process of Russian oil giant Rosneft was close to a completion.
FRANKFURT Dec 5 German carmaker will sell some of its shares in EADS to German state-owned development bank KfW as part of an overall reduction of its 15 percent stake in the European aerospace group.
"Daimler intends to reduce its equity interest in EADS before the end of 2012 and in this context will sell some of its EADS shares to KfW, among others," Daimler said in a statement on Wednesday.
Daimler has previously stated its plans to sell 7.5 percent in EADS by the end of December.
(Reporting By Christiaan Hetzner)
* CFO warns suppliers not to lose operational focus amid M&A (Adds CFO comments on ramp-up in A350 production in 2017)
SAO PAULO, Oct 26 Banco Santander Brasil SA , the nation's biggest foreign lender, beat third-quarter profit estimates on WEdnesday as aggressive loan repricing and rising fee income helped offset the impact of an unexepected jump in loan-loss provisions.