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Updated: 17 hours 38 min ago

Chinese factories face headwinds in July, Europe withstands Greek turmoil

Mon, 03/08/2015 - 11:13
LONDON/SYDNEY (Reuters) - Economic headwinds facing Chinese manufacturers intensified last month, with conditions deteriorating to their weakest level in two years, while euro zone factories largely shrugged off Greece's brush with bankruptcy.

China freezes Citadel unit's account in war on stock speculation

Mon, 03/08/2015 - 10:31
SHANGHAI (Reuters) - China's markets regulator has frozen a trading account linked to Citadel Securities, a unit of the U.S. group that also owns hedge fund Citadel LLC, as Beijing battles against speculators to prop up China's ailing stock markets.

Blackstone, Fortress among bidders for Japan's Simplex - sources

Mon, 03/08/2015 - 10:01
TOKYO (Reuters) - U.S. investment funds Blackstone Group , Fortress Investment Group and Elliot Management are among those shortlisted for the second round of bidding to buy Japan's Simplex Investment Advisors in a deal that could top $1 billion (640 pounds), three people with knowledge of the transaction said.

GSK re-hires China government relations executive linked to whistleblower probe

Mon, 03/08/2015 - 09:38
SHANGHAI (Reuters) - Britain's GlaxoSmithKline PLC said on Monday it had re-hired Vivian Shi, a former Chinese government affairs executive at the firm who was the focus of an internal probe into information leaks alleging bribery at the company's China unit.