China’s economy is expected to expand 8% in 2013 while the growth rate this year is likely to be 7.8%, the slowest annual pace since 1999, the state-owned Bank of China Ltd.(3988.HK) said Wednesday.
Source: Fox Business Headlines
Tag Archives: HK
Rusal to Use Cash From Norilsk Deal to Pay Down Debt – Source
United Co. Rusal PLC (0486.HK) will pay off debt with the $620 million it gains from the sale of shares in Norilsk Nickel (GMKN.RS) as part of an ownership conflict settlement, an official familiar with the agreement said Tuesday.
Source: Fox Business Headlines
Rusal, Potanin to Sell Shares in Norilsk for $1.49 Billion
Russian aluminum producer United Co. Rusal PLC (0486.HK) said Tuesday the company, along with billionaire Vladimir Potanin, agreed to sell their shares in Norilsk Nickel (GMKN.RS) to tycoon Roman Abramovich for US$1.49 billion.
Source: Fox Business Headlines
Rusal: Co and Potanin to Sell Shares in Norilsk Nickel to Abramovich for US$1.49 Billion
Russian aluminum producer United Co. Rusal PLC (0486.HK) said Tuesday the company, along with billionaire Vladimir Potanin, agreed to sell their shares in Norilsk Nickel (GMKN.RS) to tycoon Roman Abramovich for US$1.49 billion.
Source: Fox Business Headlines
Charoen Pokphand Looks to Develop Business Ventures With Ping An
Thai agricultural conglomerate Charoen Pokphand Group said Monday that it hopes to explore opportunities to develop new business ventures with Ping An Insurance (Group) Co. of China Ltd. (2318.HK, 601318.SH).
Source: Fox Business Headlines
Rusal, China’s Shandong Xinfa Sign MOU on Aluminum
Russian aluminum company United Co. Rusal PLC (0486.HK) said Thursday it has signed a memorandum of understanding with China’s Shandong Xinfa Aluminum & Electricity Group which may lead to joint construction of an aluminum production facility in Russia.
Source: Fox Business Headlines
Rusal Repays $406Mln in Debt Ahead of Schedule – Interfax
Russia’s debt-laden aluminum giant United Co. Rusal (0486.HK) said Wednesday that it has paid off $406 million in debt ahead of schedule, Interfax reported, citing the company’s first deputy chief executive Vladislav Solviev.
Source: Fox Business Headlines