LISBON, Aug 29 - Part of the troubled business empire of Portugal's Espirito Santo family said on Friday it may try to block the planned sale of an insurance company it once controlled, adding to opposition already expressed by a group of investors.
(Adds court decision, defence firm Saab's decision to recall NEVS right to use Saab brand)
LONDON, Aug 29 (IFR) - Banco Santander and UniCredit will provide the first test of investor appetite for Additional Tier 1 debt in Europe after the asset class was buffeted by serious headwinds during the summer months.
SINGAPORE, Aug 29 (IFR) - An anticipated deluge of bank capital bonds from China's biggest lenders is expected to change the makeup of Asia's G3 high-yield market, as investors sell PRC property credits in exchange for similarly yielding Additional Tier 1 securities.
STOCKHOLM, Aug 29 - China's National Electric Vehicle Sweden (NEVS), which bought bankrupt car maker Saab in 2012, has made a new application for protection from creditors while it concludes funding talks, a Swedish court said on Friday.
Aug 29 - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
Aug 28 - A U.S. Bankruptcy Court judge late on Thursday removed allegations made by one of Detroit's remaining hold-out creditors against mediators in the city's historic municipal bankruptcy case.
WASHINGTON, Aug 28 - The U.S. systemic risk council will meet on Sept. 4 to discuss naming nonbank financial firms for tougher regulatory oversight, the U.S. Treasury Department said on Thursday.
(Adds details on bonds, use of proceeds, expert witness report)
Aug 28 - Barclays PLC has agreed to raise up to $275 million to fund Detroit's exit from municipal bankruptcy, according to a notice filed in U.S. Bankruptcy Court by the city on Thursday.
- M&A: UPDATE 1-Fiat-Chrysler sees New York stock market listing on Oct 13
- IPOs: UPDATE 2-TDC and buyout firms vie for Norway's cable operator Get - sources
- Private Capital: UPDATE 1-Carlyle Group to pay $115 mln to settle collusion suit -source
- Hedge Funds: Risk-averse UK investors slash equity holdings in August
- Regulatory News: UPDATE 3-U.S. judge throws out aluminum price-fixing suit against banks
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Any Americans believing that their country is being bought up by the Chinese might want to think again, according to the Vale Columbia Center on Sustainable International Investment.
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