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
Citi eyes selling businesses, other options: source
NEW YORK (Reuters) - Citigroup Inc is looking at multiple options as its share price sinks, including selling businesses, selling shares, or merging with another firm, a person familiar with the matter said.
So far discussions regarding its options have been internal, the person said.
Citigroup's shares lost more than a quarter of their value on Thursday and half their value this week amid concerns about the bank's capital position.
(Reporting by Dan Wilchins; Editing by Gary Hill)
