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Nexen buyout-China’s largest foreign acquisition

Nexen buyout-China’s largest foreign acquisition

It is the largest overseas acquisition ever made by a Chinese company.

Brazil to pull millions out of extreme poverty

Brazil to pull millions out of extreme poverty

The government will provide increased access to training and public services, and raise income to R$ 70 ($36) per month.

Medvedev: Fair global financial order needed

Medvedev: Fair global financial order needed

Russian Prime Minister believes voices of developing nations need to be heard in financial institutions.

China buys 50% stake in US’ 2nd largest gas developer

China buys 50% stake in US’ 2nd largest gas developer

The acquisition will cost The Chinese Petrochemical Corporation $1.02 billion.

Rosneft to provide additional 9 million tons of oil to China

Rosneft to provide additional 9 million tons of oil to China

The oil from Russia will be enough to supply the Tianjin oil refinery, according to Russia's deputy prime minister.

S&P revises India growth at 6.4% next fiscal

S&P revises India growth at 6.4% next fiscal

India's finance minister will present the Union budget this Thursday.

Chinese bank profits surge in Middle East

Chinese bank profits surge in Middle East

Analysts predict that bilateral trade between China and the Middle East will reach between $350 and $500 billion by 2020.

Russian GDP boasts highest growth among G8 peers

Russian GDP boasts highest growth among G8 peers

The country also has the highest inflation rate in the Group of Eight nations.

Russia discovers new deposit with over 200 tons of gold

Russia discovers new deposit with over 200 tons of gold

The deposit has been registered with the Federal Agency for Subsoil Usage.

Brazil drops criminal charge against Chevron

Brazil drops criminal charge against Chevron

Chevron cleared of criminal charges in oil spill disaster, but civil case will continue.