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Russian Vodka production drops by a third

Russian Vodka production drops by a third

All of the major Russian vodka producers have experienced a decline.

Mahindra Satyam buys 51% stake in Brazil firm

Mahindra Satyam buys 51% stake in Brazil firm

The acquisition will help Mahindra Satyam make their way into the enterprise solutions market in Brazil.

Russia relaxes foreign ownership rules

Russia relaxes foreign ownership rules

Foreigners can currently hold only 25 per cent in capital in Russian businesses.

Five SA companies in list of Global Challengers

Five SA companies in list of Global Challengers

Aspen, MTN and Naspers are new to the "100 global challengers" list.

Brazil Group in $23bn Heinz buyout

Brazil Group in $23bn Heinz buyout

Warren Buffet and 3G Capital have agreed to buy the famous ketchup manufacturer.

Rosneft and ExxonMobil sign new deal

Rosneft and ExxonMobil sign new deal

The deal opens the way for Rosneft to acquire a stake in the US Point Thomson project in Alaska.

China invests $468mn in Australia’s Alumina Ltd

China invests $468mn in Australia’s Alumina Ltd

News of the investment caused shares in Alumina to surge more than 12 per cent.

Rosneft Raises $14bn to buy TNK-BP Stake

Rosneft Raises $14bn to buy TNK-BP Stake

The interest on the loan will be among the lowest on the Russian corporate debt market according to Rosneft.

50% of Indian smartphone users under 25

50% of Indian smartphone users under 25

Android is the most popular operating system among Indian smartphone users.

Russia becomes world’s largest gold purchaser

Russia becomes world’s largest gold purchaser

In 2012 alone Russia’s gold reserves went up by 8.5 per cent.