Lukoil plans secondary listing in Hong Kong
Moscow - Ria Novosti
Lukoil, the biggest privately-owned oil company in Russia, said Wednesday it is considering a buyback of $2-$3 billion of its Moscow-listed shares to later sell them as part of a secondary share listing on the Hong Kong Stock Exchange. The company, whose shares are already traded in Moscow and London, said it does not intend to issue new shares in connection with the proposed listing. Lukoil vice president Leonid Fedun said earlier this month that the company’s secondary public offering in Hong Kong could occur as early as in 2013, with a placement on Shanghai stock exchange likely to follow. Lukoil’s capitalization is around $44 billion.
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Paris - Emiratesvoice
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Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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