MOSCOW Russian state holding company Rosneftegaz on Saturday signed a deal with the Qatar Investment Authority (QIA) and commodities trader Glencore to sell a 19.5 percent stake in state-owned oil major Rosneft , Rosneft said.
FRANKFURT Berlin-based online food takeaway service Delivery Hero, one of Europe's biggest start-ups, will acquire competitor Foodpanda, a sign of further consolidation to fend off new competition in Europe's sought after food-delivery business.
Japanese electronic parts maker TDK Corp is in talks to acquire InvenSense Inc, a U.S. chip maker that produces motion sensors for Apple Inc and Samsung Electronics Co, people familiar with the matter said on Friday.
JOHANNESBURG South Africa's Sibanye Gold took a major step outside its home market on Friday with a $2.2 billion deal to buy Stillwater Mining, the only U.S. miner of platinum and palladium.
DUESSELDORF, Germany Germany's Evonik agreed to buy J.M. Huber Corp.'s [CPKEL.UL] silica unit for $630 million to widen its specialty chemicals business, the company said on Friday.
FRANKFURT Labor unions have secured guarantees for a planned merger of Linde and U.S. rival Praxair , saying on Friday there would be no forced layoffs at Linde in Germany until Dec. 31, 2021 in case of a tie-up.
MOSCOW Rosneft said on Friday it has enough oil to fulfil new contracts with Swiss trader Glencore as markets gear up for a fierce battle between some of the world's largest merchants for supplies from the Russian company.
FRANKFURT/ZURICH Swiss aircraft manufacturer Pilatus Aircraft is considering listing its shares in an initial public offering next year which could value the firm at around 3 billion Swiss francs ($2.95 billion), according to two sources familiar with the matter.
COPENHAGEN/SEOUL Doubts about the future of Hyundai Merchant Marine Co Ltd surfaced on Friday after Denmark's Maersk Line said the South Korean shipping firm was no longer being considered for the 2M vessel-sharing alliance.
BEIJING Bank of China and five other Chinese banks have signed a debt restructuring deal with troubled steelmaker Sinosteel, in what is among the first significant restructuring deals involving a state-owned enterprise.
WASHINGTON The U.S. Senate passed legislation on Friday to fund the government through April and President Barack Obama promptly signed it into law, after Democrats who had sought more generous healthcare benefits for coal miners stopped delaying action on the measure.