Business News

1. Abu Dhabi’s largest Islamic bank in talks to buy $1.1 bln stake in Indonesian lender

   Reuters exclusively reported that Abu Dhabi’s largest Islamic bank is in talks to buy a minority stake valued at around […]

   The post Abu Dhabi’s largest Islamic bank in talks to buy $1.1 bln stake in Indonesian lender appeared first on Reuters News Agency.

2. Vietnam mounts ‘unprecedented’ $24 billion rescue for bank engulfed in giant fraud

   Reuters exclusively reported that Vietnam has mounted an “unprecedented” rescue of Saigon Joint Stock Commercial Bank (SCB), a lender engulfed in […]

   The post Vietnam mounts ‘unprecedented’ $24 billion rescue for bank engulfed in giant fraud appeared first on Reuters News Agency.

3. Russia and China trade new copper disguised as scrap to skirt taxes, sanctions

   Reuters exclusively reported that Russian copper producer RCC and Chinese firms have avoided taxes and skirted the impact of Western […]

   The post Russia and China trade new copper disguised as scrap to skirt taxes, sanctions appeared first on Reuters News Agency.

4. Activist investor Amber Capital backs MFE’s push for changes at ProSieben 

   Reuters exclusively reported on Amber Capital backing a proposal to break up ProSiebenSat.1 made by the German broadcaster’s top investor […]

   The post Activist investor Amber Capital backs MFE’s push for changes at ProSieben  appeared first on Reuters News Agency.

5. Beijing nudged Syngenta to withdraw $9 bln Shanghai IPO on market weakness 

   Reuters exclusively reported that Chinese authorities nudged Swiss agrichemicals and seeds group Syngenta to withdraw its application for a long-delayed […]

   The post Beijing nudged Syngenta to withdraw $9 bln Shanghai IPO on market weakness  appeared first on Reuters News Agency.