Akzo Nobel, the Dutch paintmaker, received a boost to its efforts to fend off an unwanted €26.9bn takeover approach from US rival PPG Industries as an Amsterdam court rejected attempts by an activist investor to oust its chairman.
Royal Bank of Scotland looks set to avoid an embarrassing 14-week High Court trial over the lender's crisis-era �12bn cash call after the bulk of the investors behind the lawsuit indicated they will accept a �200m settlement.
FILE PHOTO: Newly-hired employees of Japan Airlines (JAL) group bow during an initiation ceremony at a hangar of Haneda airport in Tokyo, Japan, April 3, 2017.
Traders work in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, May 29, 2017. REUTERS/Staff/Remote.
Monetary Authority of Singapore said it has fined Credit Suisse and United Overseas Bank for 1MDB-related lapses. The central bank said it completed its two-year investigation into 1MDB fund flows, which saw it shut down and fined several financial ...