Stakes mount in run-up to UC Rusal listing

Oleg Deripaska is in the final stages of agreeing a restructuring deal with foreign creditors on $7.3bn in debts, a vital precondition for the initial public offering

• Rusal float could be a risky exercise for Paris bourse
• Rusal seals deal on foreign debt

BAE looks to fighter jets for growth

Europe’s biggest defence contractor has invested about £80m in the Samlesbury site in Lancashire, and plans to invest 10 times that amount as it works its way to the full production rate of one F-35 Joint Strike Fighter a day by 2016

• BAE cannot yet quantify cost of probe
• BAE faces threat of bribe charges

Investors back air of online respectability

Bwin, the internet gambling group, has come a long way since its directors were arrested under France’s anti-gambling laws, and investors are taking notice

Investors back air of online respectability

Bwin, the internet gambling group, has come a long way since its directors were arrested under France’s anti-gambling laws, and investors are taking notice

Insurers hope for capital holding reprieve

UK insurers are set for boost today when the supervisory club influential in setting capital rules will allow more time for talks

Aurum cuts debt to weather sales dip

The owner of jewellers Goldsmiths, Mappin & Webb and Watches of Switzerland, has almost halved its debt burden through a debt-for-equity swap with lender Landsbanki

Initial public offerings

Jitters in the IPO market attest to continued uncertainty, but are more likely to be speed-bumps on the road to recovery than road-blocks

Good research adds value for East Capital

Good research can add more value in eastern Europe than in western markets because there is less research available and the difference between good and bad companies is much greater, East Capital’s founder says