Anonymous sources
Financial Times (blog)
Dancing with (polar) bears: a rush to link hands with Rosneft - Financial Times (blog)
But a person close to the talks said Rosneft had been inundated with fresh offers for partnerships from foreign oil groups after the new tax regime for development of offshore fields was outlined two weeks ago. Belton writes that under the new ...
Eurozone crisis: live blog - Financial Times (blog)
“Maybe the grown-up thing is to leave the hold-outs alone and get on with life,” says a person close to large bondholder. “The trouble is, people's emotions take over. It is hard to see how there is a middle ground, because you can't force them to do ...
Putzmeister workers angry at Sany deal - Financial Times (blog)
However, a person close to the deal told the FT that Schlecht had been unable to find a successor and so had opted instead to sell to Sany, whose founder Liang Wengen is China's richest man. German bankers will be rubbing their hands at the prospect of ...
BTA: Can't pay? Won't pay - Financial Times (blog)
“They could easily have paid but chose not to,” said one creditor who asked not to be named. International ratings agencies downgraded BTA to junk last month so there's not much more they can say. Moody's turned the knife this week warning that ...
Hungary: savers move cash to Austria - Financial Times (blog)
One economic analyst – who also asked not to be named – told beyondbrics that, due to the inevitable delay in processing data, statistics do not yet reflect the current run on savings deposits. “There seems to be a trend among people I know, ...
Yahoo's new CEO mulls options - Financial Times (blog)
Bloomberg suggests that Yahoo is interested in acquiring the Weather Channel, WebMD and AutoTrader.com, according to an anonymous source, as part of a “tax-efficient asset swap” with Alibaba and Softbank. A putative deal with the latter two companies ...
Facebook on Android overtakes iPhone app - Financial Times (blog)
Apple is moving forward with its plans to launch a television set, according to The Wall Street Journal, which reports that Apple executives have held talks with media executives at several large companies. In at least one meeting, a person close to ...
* Nestlé to investigate child labour in Ivory Coast - Financial Times (blog)
Facebook Inc. is inching closer to an initial public offering that it hopes will value the company at more than $100bn, according to people familiar with the matter, the WSJ reports. Iran's constitutional watchdog on Monday gave the final approval for ...
Eurozone crisis: Live blog - Financial Times (blog)
The Reuters source, who declined to be named, said the meeting would be held in Frankfurt in Wednesday. The ECB declined to comment. Earlier, the Corriere della Sera newspaper reported UniCredit Chief Executive Federico Ghizzoni saying he would ask the ...
Philippines: bondholders battle retro-tax - Financial Times (blog)
“The bondholders are alarmed by the ruling because the government is applying a change in the rules retroactively,” said a bank president who did not want to be identified. “This creates doubts on the sanctity of contracts that could hurt the capital ...
Android poised to overtake Apple in app downloads - Financial Times (blog)
Chinese daily deals website Lashou.com is planning an initial public offering in the US, sources close to the matter have told Bloomberg. The website raised $110m in April from investors in a funding round that valued the company at about $1.1bn. ...
* IBM, Vodafone ink $1 billion IT outsourcing contract in India - Financial Times (blog)
360buy.com, one of a number of fast-growing Chinese consumer e-commerce companies, has taken the first step towards a possible stock market listing next year, according to a person close to the situation, the FT reports. With informal talk of a share ...
* China to back London as offshore renminbi centre - Financial Times (blog)
360buy.com, one of a number of fast-growing Chinese consumer e-commerce companies, has taken the first step towards a possible stock market listing next year, according to a person close to the situation, the FT reports. With informal talk of a share ...
Chinese consortium invests $1.95bn Brazilian miner: the Love-in Continues - Financial Times (blog)
Only antitrust approval is needed, according to a person close to the deal. That stands in contrast to the big resources buys by Chinese state-owned enterprises that have sparked nationalist backlash or security concerns—think of Chinalco and Rio ...
Sina buys $66.4m stake in China's Tudou to expand in online video - Financial Times (blog)
As part of the sale process, it had approached sovereign wealth funds and other investors in the Middle East and Asia, according to people familiar with the matter. Algeria's foreign ministry confirmed on Monday that Safia Gaddafi, ...
* Reserve Bank of India opening doors for corporates to enter banking industry - Financial Times (blog)
As part of the sale process, it had approached sovereign wealth funds and other investors in the Middle East and Asia, according to people familiar with the matter. Algeria's foreign ministry confirmed on Monday that Safia Gaddafi, ...
* GMR Energy to acquire 30% stake in GEMS - Financial Times (blog)
Chinese regulators have told banks to tighten lending for real estate on concern credit risks will increase as the impact of government curbs deepens in the next three to five months, a person familiar with the matter said, Bloomberg reports. ...
* GMR Energy to acquire 30% stake in GEMS - Financial Times (blog)
Chinese regulators have told banks to tighten lending for real estate on concern credit risks will increase as the impact of government curbs deepens in the next three to five months, a person familiar with the matter said, Bloomberg reports. ...
Viom Networks offers to buy GTL Infrastructure for Rs 75bn - Financial Times (blog)
The Securities & Futures Commission will announce the decision, made by a committee that included government officials, on Monday, according to a person familiar with the timing of the appointment, the FT reports. The real estate arm of Temasek has ...
Indian Hotels plans to raise rupees 2.5bn via bonds - Financial Times (blog)
Indian Hotels plans to raise rupees 2.5bn ($56.4m) through a bond sale, a person familiar with the matter said Monday, the WSJ reports. The hotel operator–part of the diversified Tata group–plans to sell 10-year bonds paying a yield of 9.95 per cent, ...
* Indian Hotels plans to raise rupees 2.5bn via bonds - Financial Times (blog)
The person, who asked not to be named, didn't specify what the money would be used for. HSBC is the sole banker to the deal, the person added. World's largest online retailer, Amazon. com is set to enter India, riding on the second wave of e-commerce ...
* Wal-Mart may open India retail stores - Financial Times (blog)
China International Capital Corp will become the country's first investment bank to manage a trust company, with a new venture likely to launch later this week, according to a person familiar with the matter, the FT reports. ...
Sberbank: what next after Austria? - Financial Times (blog)
As one analyst who asked not to be named put it, more deals will simply “dilute management time”. What Sberbank really needs to do is keep its eye on the target: its secondary public offering this autumn. By all accounts, the bank has been doing ...
Trade data show China economy slowing - Financial Times (blog)
Blackstone pulled out of its investment in a Chinese agricultural company earlier this year after the mainland group warned the buy-out firm that its involvement would complicate moves to raise prices, according to three people familiar with the matter ...
* India's Mukesh Ambani looking at sale of gas pipeline business - Financial Times (blog)
Temasek, the Singapore state-owned investment company, is selling its shares in two of China's biggest banks to raise as much as $3.6bn, according to a person close to the deal, the FT reports. It is selling US$2.4bn of shares in Bank of China and ...