Rosneft today announces that it has entered into an agreement in principle with BP to acquire its 50% interest in TNK-BP in exchange for $17.1 billion in cash and 12.84% Rosneft shares currently held in treasury.

Fitch Ratings has affirmed Nigeria's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'BB-' and 'BB' respectively with a Stable Outlook. The agency has also affirmed Nigeria's Short-term foreign currency IDR at 'B'. The Country Ceiling has been affirmed at 'BB-'.

What is the role of the French Treasury Agency (AFT)? Who holds the French debt? How are OAT and BTF issues conducted? Philip Mills, CEO of the French Treasury Agency answers Next Finance questions...

Nomura, Asia's global investment bank, has launched its Thailand equity research coverage, in cooperation with Capital Nomura Securities (CNS)...

According to Alain Dib, Global Head of Equity-Linked business at BNP Paribas, the appetite for convertible bonds is greater than the available supply, currently proposed by issuers