RBS rejected Goldman, Deloitte warning over 2008 cash call, lawsuit alleges
LONDON (Reuters) – Just hours before Royal Bank of Scotland launched a massive cash call in 2008 to shore up its capital, the bank’s senior advisers were still discussing whether its financial figures were potentially misleading for investors, court d…
Key U.S. senator remains concerned over ChemChina-Syngenta deal
BEIJING (Reuters) – A powerful U.S. senator said he is concerned that state-owned ChemChina, which is buying Swiss crop protection and seed group Syngenta for $43 billion, could use U.S. sovereign immunity laws to shield itself from claims in U.S. cou…
VW, Didi in talks for high-end car-hailing service in China
GUANGZHOU, China (Reuters) – Volkswagen AG said on Thursday it is in talks with China’s Didi Chuxing to set up a high-end ride-hailing service, while also announcing ambitious sales goals for electric and hybrid vehicles in the world’s biggest auto ma…
Thai CPF to buy Bellisio in $1.08 billion deal
BANGKOK (Reuters) – Thailand’s Charoen Pokphand Foods Pcl (CPF) said it will acquire U.S. frozen-food producer Bellisio Parent LLC for $1.075 billion, paving the way for its entry into the world’s largest food market.
Dollar halts charge as bashed bonds steady
LONDON (Reuters) – Battered bonds and emerging market currencies enjoyed some respite on Thursday as the dollar took a breather from a post-U.S. election charge that has taken it to a 13-1/2 year high.
HSBC launches private banking services in Australia
HONG KONG (Reuters) – HSBC Holdings Plc on Thursday launched its private banking services in Australia, as part of its plans to expand business presence in the Asia Pacific region.
Swire Pacific in talks to buy Coca-Cola bottling assets in China: Bloomberg
(Reuters) – Hong Kong conglomerate Swire Pacific Ltd is in talks to buy Coca-Cola Co’s bottling assets in China from Cofco Corp’s [CNCOF.UL] China Foods Ltd unit, Bloomberg reported.
Uber says Taiwan’s steps against it hurting citizens
TAIPEI (Reuters) – Uber Technologies Inc [UBER.UL] urged Taiwan President Tsai Ing-wen to let the island’s people decide whether they want Uber services in Taiwan, the latest salvo in the wrangle between the authorities there and the global ride-hailin…
Foreign banks shaken by Malaysia’s move to halt currency slide
HONG KONG/KUALA LUMPUR (Reuters) – Foreign banks in Malaysia on Thursday were trying to work out how to comply with the central bank’s clamp-down on offshore ringgit trading, a move the broader market views as a form of capital controls.
PSA, Renault, VW lead European car sales decline
PARIS (Reuters) – European car sales fell 0.3 percent in October, with the region’s three biggest automakers Volkswagen , PSA and Renault leading the decline, according to industry data published on Thursday.
