• Most Popular
  • Most Shared

Deals

A security guard walks past cars in a Geely Automobile Holdings Ltd. factory in a Shanghai suburb September 28, 2006.REUTERS/Aly Song

China in auto power play

It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos, writes columnist Wei Gu.  Commentary 

» More Deals News

NatCity suitors included Scotiabank, U.S. Bancorp: sources

NEW YORK
Fri Oct 24, 2008 3:28pm EDT

Stocks

   

NEW YORK (Reuters) - National City Corp NCC.N drew interest from more than one party, with US Bancorp (USB.N) and Bank of Nova Scotia (BNS.TO) also looking at buying the U.S. regional bank, sources familiar with the matter said on Friday.

Deals

But PNC Financial Services Group Inc (PNC.N) won the deal, agreeing to buy the Ohio-based lender in a government-supported $5.6 billion transaction to create the No. 5 U.S. bank by deposits.

(Reporting by Paritosh Bansal)
Deals


More from Reuters

Photo

U.S. probing if al Qaeda linked to airplane incident

WASHINGTON (Reuters) - The United States is investigating whether al Qaeda was involved in a Christmas Day attempt to blow up a passenger jet, but there is no early evidence the Nigerian suspect in the case was part of a larger plot, a senior U.S. official said on Sunday. | Video

» More Top News
A Delta Airbus 330 airliner sits on a runway at Detroit Metropolitan Airport in Romulus, Michigan in this video grab made December 25, 2009. Credit: REUTERS/WDIV TV/Handout

The battle in mid-air

The attraction of bombing airliners means the aviation industry has to be constantly vigilant in its fight against attackers.  Full Article 

U.S.
A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
Political Risk in 2010:

Don't say we didn't warn you

With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

Global Markets