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Porsche Takeover of VW Done But For The Law - BusinessWeek

Porsche AG took step closer to controlling the much larger Volkswagen AG by upping its share holdings to 50.8% in late Monday trading. But actual formal control of management still eludes the company. Porsche plans to raise its stake in VW to more ...

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Bank of America sells China bank stake - AOL

HONG KONG (Reuters) - Bank of America Corp , coping with tough economic conditions, raised $2.83 billion by selling part of its stake in China Construction Bank Corp 601939.SS>, and Hong Kong's richest tycoon sold a $500 million stake in rival Bank ...

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Gas supplies to Europe cut off amid Russia-Ukraine row - South China Morning Post

All supplies of Russian gas to Europe that travel through Ukrainian pipelines were halted yesterday, with Kiev and Russian energy giant Gazprom trading accusations about who was to blame. Valentyn Zemlyansky, spokesman for Ukraine's state gas company ...

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