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Peru eyes free trade agreement with Russia

Peru eyes free trade agreement with Russia

Russia exports fertilisers, metal-roll and aircraft equipment to Peru.

Moody’s gives the Indian budget a thumbs-up

Moody’s gives the Indian budget a thumbs-up

The global credit rating agency says "fiscal consolidation could pave the way for monetary easing".

Microsoft targets Indian businesses with Office 365

Microsoft targets Indian businesses with Office 365

Office 365 is one of the fastest growing services globally for Microsoft, since it was launched in 2011.

Brazil in talks with China on oil refineries

Brazil in talks with China on oil refineries

Petrobras has set aside $24.9 billion to expand refinery capacity.

Tencent announces JV with Indonesia firm for WeChat

Tencent announces JV with Indonesia firm for WeChat

The venture will help the Chinese ISP make inroads into the booming social media market of Indonesia.

India’s Cipla plans $512mn takeover of Cipla Medpro SA

India’s Cipla plans $512mn takeover of Cipla Medpro SA

Speculation surrounding the acquisition has ended as Cipla increase their offer by 17 per cent.

Gordhan: BRICS bank could pool finances

Gordhan: BRICS bank could pool finances

A BRICS-led bank is intended to mobilise domestic savings and co-fund infrastructure in developing regions.

South Africa’s budget focuses on infrastructure

South Africa’s budget focuses on infrastructure

The budget report also acknowledged the rise of African markets and the upcoming BRICS Summit in Durban.

Vanke’s net profits surge 30.4% in 2012

Vanke’s net profits surge 30.4% in 2012

The property giant sold 12.96 million square metres of housing last year.

China to provide loan to Rosneft to boost oil supplies

China to provide loan to Rosneft to boost oil supplies

Russia is one of the world’s biggest oil exporters and China is the world’s biggest energy consumer.