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7.  Anil Ambani

SEBI bars Anil Ambani from stock investing

The Securities and Exchange Board of India (SEBI) on Friday said billionaire Anil Ambani cannot invest in publicly-listed securities until the end of this year, and barred two of his companies from such investments until the end of 2012.
Telkom

Telkom CEO to step down at end of March

Telkom, Africa's biggest fixed-line phone operator, said on Friday its acting chief executive officer will not renew his contract when it expires at the end of March, sending its shares lower.

Shell, others allowed to resume deepwater drilling in Gulf of Mexico

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE), the federal agency, which oversees U.S. offshore drilling, has allowed Shell Offshore Inc. and 12 other oil and gas companies to resume deepwater drilling operations in the Gulf of Mexico without the need to submit revised exploration or development plans for supplemental National Environmental Policy Act (NEPA) reviews.

Australia flood clean-up starts, tough task ahead

Australia's third-largest city started cleaning up stinking mud and debris on Friday after some of the country's worst floods on record, but in a sign of the task ahead, it could take six months to pump flood waters out of Queensland's coal mines.
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U.S. criticized over Chrysler Financial pact

The U.S. Treasury may not have fully vetted the settlement of its interest in Chrysler Financial last year and not gotten a strong enough return for taxpayers, a bailout watchdog said in a report issued on Thursday.

Sri Lanka floods threatens rice crop

Heavy monsoons and resultant floods have affected nearly 1-million people in the north central and eastern provinces of the island nation and have killed at least two dozen people. It is believed that more than 300,000 people have been displaced from their homes.

S&P: rates CNOOC Ltd. Proposed notes AA-

(The following was released by the rating agency)Standard & Poor's Ratings Services said today that it had assigned its 'AA-' issue rating to the proposed issue of U.S. dollar-denominated senior unsecured notes by CNOOC Finance (2011) Ltd. CNOOC Ltd. (AA-/Stable/--) irrevocably and unconditionally guarantees the notes.

As China moves to free up yuan, investors want more

State-owned Bank of China Ltd's move to offer limited deposit services in the renminbi to U.S. customers represents a tiny step in what will be a long journey for the Chinese unit to become a widely-traded international currency.

Haitians remember 2010 quake, seek way out of hell

Haitians, many dressed in white in mourning, honoured victims of the devastating 2010 earthquake on Wednesday in a sombre anniversary clouded by pessimism over slow reconstruction and political uncertainty.

High turnout, isolated clashes mark Sudan vote

A week-long referendum in Sudan that will determine if the country divides has seen a high voter turnout, even as reported clashes are said to have killed dozens of people along the country's north-south border in a region not participating in the referendum, U.S. officials said on Tuesday.

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