| * Bulgaria struggles to form coalition * Petrobras in $11bn mega bond offering [updated] * China group to leave Nasdaq with $890m take-private deal * European retailers to sign Bangladesh safety pact * China banks rein in support for North Korea * Russia finance chief calls for restoration of trust Markets: mixed Bulgaria struggles to form coalition
Bulgaria faced political stalemate on Monday as the centre-right winner of the country's general election struggled to find partners to form a coalition.
http://on.ft.com/13gkoeM Petrobras in $11bn mega bond offering [updated]
It's official. Petrobras has succeeded in raising $11bn on Monday, making it the biggest emerging markets issue EVER. Final pricing came in slightly lower than initial guidance thanks to strong demand from investors. Yields for the six-tranche issue ranged from 2.14 per cent for the three-year notes, to 5.76 per cent for the 30-year bonds.
http://on.ft.com/13V1lcS China group to leave Nasdaq with $890m take-private deal
The stream of Chinese companies delisting from the US has accelerated with an $890m deal agreed by AsiaInfo-Linkage for the Nasdaq-listed telecoms billing and software group to be taken private.
http://on.ft.com/13WPxqi European retailers to sign Bangladesh safety pact
European retailers led by Hennes & Mauritz, Inditex and Tesco have vowed to sign a deal to improve factory safety in Bangladesh as retailers scramble to contain the fallout from the April 24 building collapse that killed more than 1,100 people.
http://on.ft.com/12w9WAV China banks rein in support for North Korea
Top Chinese banks have halted most dealings with North Korea, an unprecedented move to use financial leverage against Pyongyang that reflects Beijing's exasperation with Kim Jong-eun's regime.
http://on.ft.com/13TrKYj Russia finance chief calls for restoration of trust
Rapid expansion of Russia's bond markets has broadened access to capital for a swath of its companies but restoring investor confidence is crucial to boosting economic growth prospects, the country's deputy finance minister has said.
http://on.ft.com/13WObfe Emerging Markets
MSCI Emerging Market Index up +0.16% at 1,044 Americas
DJIA down -0.18% at 15,092
S&P 500 up 0.00% at 1,634
Bovespa down -1.20% at 54,448 Asia
Nikkei 225 up +0.08% at 14,794
Topix up +0.06% at 1,233
Hang Seng down -0.12% at 22,962
Shanghai Composite down -1.58% at 2,207
MSCI Asia ex-Japan up +0.13% at 556.36
CNX Nifty down -0.13% at 5,973 Currencies
€/$ 1.30 (1.30)
$/¥ 101.60 (101.77) Commodities
Brent Crude (ICE) up +0.03 at 102.85
Light Crude (Nymex) up +0.19 at 95.36
100 Oz Gold (Comex) up +4.40 at 1,439 | 
