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Rosneft completes sale of stake in Verkhnechonskneftegaz for $1.1bn

2017-06-30 01:00:00| Hydrocarbons Technology

Rosneft has closed the sale of 20% shares in its subsidiary Verkhnechonskneftegaz to China-based Beijing Gas Group Company for around $1.1bn, as the parties intend to create a vertically integrated system of cooperation.

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Toshiba still working on chip sale, sues WD

2017-06-28 08:53:00| Telecompaper Headlines

(Telecompaper) Toshiba announced that it has not yet reached a final deal with its preferred bidder for its memory chip business. A week ago it named named a consortium of the Innovation Network Corp of Japan, Bain Capital and the Development Bank of Japan as the preferred bidder and said it aimed to reach a final agreement by 27 June. Toshiba said negotiations are still underway, complicated in part by the multiple parties involved. It aims to reach an agreement as soon as possible. Separately, Toshiba said it is suing Western Digital for complicating its sale of the semiconductor business.

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Toshiba sues Western Digital over memory chip sale

2017-06-28 07:55:07| BBC News | Business | UK Edition

Japanese giant says the US firm is stopping the sale of its memory chip business

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Square Point of Sale

2017-06-26 19:06:18| PC Magazine Software Product Guide

Square is a transparent merchant services provider that offers flat fees and low-cost, iPad-compatible equipment. However, it may not be the best choice for high-volume transactions.

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Co-operative Bank no longer up for sale

2017-06-26 08:48:22| BBC News | Business | UK Edition

The bank says it expects to make a further announcement on fund-raising plans to safeguard its future.

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