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Moscow Exchange to float IPO

Moscow Exchange to float IPO

The shares will be available for both retail and institutional investors.

Huawei posts profits of $2.4 billion

Huawei posts profits of $2.4 billion

The Company forecasts overall revenues for 2013 will grow by 10 to 12 per cent year on year.

Chinese firms investing $2 bn in shale gas exploration

Chinese firms investing $2 bn in shale gas exploration

A total of 26 exploitable shale gas blocks have been made available for exploration to date.

BRICS to fight erosion of tax base

BRICS to fight erosion of tax base

The five nations including India, China and Russia pledge to counter "abusive tax avoidance transactions".

Boeing should pay compensation

Boeing should pay compensation

India's Civil Aviation Minster says Boeing are liable to pay compensation to Air India due to 'Dreamliner' fault.

China to invest $103 bn in railways

China to invest $103 bn in railways

The Chinese Minister of Railways, Sheng Guangzu announces that 5200 km of new railway would go into operation this year.

Alcatel-Lucent wins $1 billion contract

Alcatel-Lucent wins $1 billion contract

India’s RCom today awarded a $1 billion contract to telecom equipment maker Alcatel-Lucent.

Gazprom’s sales expected to slump in Europe

Gazprom’s sales expected to slump in Europe

Gas giant Gazprom are likely to see sales fall further in 2013 says Fitch Ratings agency.

China real estate group posts massive profits

China real estate group posts massive profits

Poly Real Estate Group profits increase to 8.41 billion yuan in 2012.

RBI to cut interest rates

RBI to cut interest rates

The Reserve Bank of India (RBI) is set to reduce interest rates says Credit Suisse research report.