He also oversaw some of China's biggest overseas share sales, such as that of phone operator China Unicom and oil firm Sinopec.

BBC: China gets new central banker

The Fulla and Freya licence is shared with Canadian Overseas Petroleum Limited (COPL), with Faroe acting as operator.

BBC: Oil company Faroe Petroleum abandons Shetland licence

Ski lifts operator Compagnie des Alpes' dependence on visitors from overseas is negligible, given that 95% of the skiers in the French, Italian and Swiss Alp resorts are European.

BBC: Fear of flying lifts alpine shares