Glencore Xstrata Plc, Royal Dutch Shell Plc and Mercuria Energy Trading SA failed to buy North Sea Forties crude at a higher price. Gunvor Group Ltd. didn’t manage to find sellers for Russian Urals crude at a smaller discount to Dated Brent.
To win Eurovision, the annual pan-European song contest that launched the careers of Abba and Celine Dion, you've got to have style, a killer song and enough charm to convince judges from rival countries to vote for you. For the 2013 finals, aired across the region this weekend, the odds are on Denmark, according to Microsoft.
Azerbaijan started military exercises near its breakaway region of Nagorno-Karabakh as efforts led by the U.S., Russia and France are failing to broker a resolution to the long-running conflict with Armenia.
Frederic Bourke, co-founder of the luxury-handbag maker Dooney & Bourke, is set to enter prison this week for conspiring 15 years ago in what prosecutors called “one of the most audacious” bribery schemes ever attempted in the former Soviet Union.
VTB Group, Russia’s second-largest lender, said investors including sovereign wealth funds in Norway, Qatar and Azerbaijan have agreed to buy all $3.3 billion of new shares it’s selling to increase capital.