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UPDATE 1-CVC Capital buying Italy’s Cerved for 1.13 bln euros

MILAN, Jan 2 (Reuters) – CVC Capital Partners has agreed to
buy Italy’s Cerved from private equity peers Bain Capital and
Clessidra for 1.13 billion euros ($1.5 billion) as it looks to
develop the…

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UPDATE 2-Moody’s says more steps needed to save US credit rating

NEW YORK, Jan 2 (Reuters) – The United States must do more
than the recently passed “fiscal cliff” measures if the country
is to rescue its Aaa debt rating from its current negative
outlook, rating…

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Shell faces crucial Arctic test

Royal Dutch Shell is gearing up for a key test of its Arctic equipment this month as the oil major’s plans to drill off Alaska suffer fresh setbacks

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