Petrobras is the operator and has a 75% stake in the prospect, with India's ONGC holding 25%.
Energy Secretary Amber Rudd writes to energy firms urging them to onpass savings to consumers
BP, Exxon, Statoil and Chevron also to discuss push to gas.
Following the Fifa scandal, many of the world biggest advertisers are now reviewing their media arrangements.
Alibaba is already present in Russia via its online store AliExpress.
JTI-MacDonald is the third Canadian tobacco company deemed to have earned billions of dollars at the expense of the health of customers.
US District Judge Scheindlin in Manhattan permits plaintiff investors to pursue claims against HSBC.
Silver Lake invests $330m in Qunar's convertible bonds and another undisclosed investor puts in $170m.
Capital Economics expects Australian interest rates to fall to 1.5% this year and Indian rates to drop to 7%.
Top 100 companies have gone from being worth $8.4tn to $16.2tn in six years
Stuart Gulliver, HSBC's chief executive, will set out revised target for headcount reductions.
The Israeli tycoon is worth $3.5bn and spent £500m buying up Camden Market in 2014.
Firm alleged to have used genetically modified chicken with six wings and eight legs.
The billionaire is trialling a new discount chain of shops
Weroom will tap into the ever-growing rental market
Bank Asya will be sold in its entirety or in parts, according to an announcement in the government's Official Gazette.
Huatai Securities's Hong Kong debut, also Asia's largest listing this year, was not as robust as expected.
Richard Holmes said the bank is looking into if it was involved in the Fifa scandal.
Plus500 saw its shares rise slightly after the acquisition but it is still recovering.
New chief executive says problems started well before 2014
Banamex USA has been accused of its weak money laundering controls and is facing number of probes.
The Shanghai Composite, the world's best performing market, has gained some 49% so far this year.
XPO proposes to raise $3.26bn through new equity and debt, partly to fund acquisitions.
Shares in Lloyds will be sold to private retail investors within the next 12 months, the government has confirmed.
Food-safety officials registered complaint against Nestle India, while Uttarakhand Food Safety Department initiated probe.
Out of 20,000 staff being terminated, 14,000 to be absorbed in new firm MAS Bhd.
Intel is offering $54 per Altera share, representing 56% premium to stock price before deal was reported.
Russia's economy could contract by 3.3% this year, reveals a Reuters poll of 15 analysts.
Sources told Sky News that they expected around 20% of votes to be cast against company's pay report.
Deal could come as early as next week if parties agree on terms.