russia

The increase reflected strong investor demand in the wake of LinkedIn Corp's (NYSE:LNKD) blowout debut last week on the New York Stock Exchange (NYSE:NYX).

At the top end of that range, the company could raise $1.4 billion if lead managers exercise their over-allotment option, which would be the largest float by an Internet company since Google (NAS

Russian Internet company Yandex, which operates the largest search engine in Russia, raised the estimated price range for its IPO to $24 - $25, from an earlier estimate of $20 - $22, an unnamed source was quoted as saying in a Reu

U.S sales were up 2.9%, European sales up 5.1% on strength in France, the U.K., and Russia, and sales in the Asia/Pacific, Middle East and Africa region were up 4%.

Total sales for the month rose 8.1% compared to one year ago.

CEO Jim Skinner said, "McDonald's commitment to connecting with customers around the world continues to drive our sales performance.

McDonald's (NYSE:MCD) reported global comparable sales for stores open more than 13 months were up 3.9% year-over-year in February.

This is another signal that Russia is opening up its massive energy reserves to foreign investors, coming on the heels of BP's (NYSE:BP) $16 billion share-swap deal for three offshore Arctic licenses with Russian energy company Ro

Total's stake will rise to 19.4% in three years, and the french company will get a seat on Novatek's board of directors.

French energy giant Total SA (NYSE:TOT) said it will pay $4 billion for a stake in Russia's largest independent gas producer, Novatek, and is joining the company's huge Arctic natural gas project.

BP's partners have won an injunction blocking a plan for a share swap and exploration deal with Rosneft, according to Reuters.

BP shares are up 1.01% to $47.95 in midday trading, despite a UK court ruling that blocked the company's plans for a tie-up with Russia's Rosneft. The oil company also posted profit below market expectations.

Dudley's comment is in contrast to concerns about investing in the country following a Russian court's decision to extend the prison sentence against former oil tycoon Mikhail Khodorkovsky by six years.

BP Plc (BP) ADRs are down 0.89% to $46.79, after Chief Executive Bob Dudley said he is confident in the investment climate in Russia.

Despite the news, its shares fell -0.17% to $41.62 in mid-day trade.

Sotheby's has about 500 offices in 42 countries and territories worldwide.

Sotheby's International Realty Affiliates LLC is opening an office in Moscow, Russia, according to a company statement.