Merrill suspends trader for overvaluing

Research ) on Friday said it has suspended a trader on its equity derivatives desk in London for overvaluing some trades, according to a spokesman.

Apollo, Cerberus Seek Paper Profits With IPOs

Extract not available.
Oman-India JV firm readies for IPO

India's Bharat Oman Refineries, an equal joint venture between state-run Bharat Petroleum Corporation Limited (BPCL) and Oman Oil Company, has filed papers for an initial public offer, a senior company official said. 'We are coming to the market with a