Shares fall mostly on new worries about Europe
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Pimco Favors Aussie, Real, Loonie as U.S., Europe Growth Subdued
China Construction Said to Plan to Sell $11 Billion in Shares
China Construction Bank Corp., the nation’s second largest, plans to sell shares to raise about 75 billion yuan ($11 billion) of capital this year, said two people with direct knowledge of the matter. The Beijing-based lender may raise no more than 45 billion yuan in a private placement on the local share market in Shanghai and 30 billion yuan in a rights offer in Hong Kong, said the people …
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Noble Group Makes A$12.60 Per Share Offer for Gloucester Coal
Noble Group Limited announced its intention to make an off market all-cash takeover offer to acquire all the shares in Gloucester Coal Ltd. for A$12.60 per share.
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Qantas Says Flight to London From Bangkok Returned to Thailand
Qantas Airways Ltd. said a flight from Bangkok to London returned to Thailand after a surge in one of its engines. There was no “safety issue” at any stage as the Boeing Co. 747 can fly normally with three engines, Qantas said in an e-mailed statement today.
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Toyota Motor to Recall 12,984 Vehicles in South Korea
Toyota Motor Corp. plans to recall 12,984 vehicles in South Korea because of faulty floor mats and accelerating pedals, the South Korean government said.
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Pimco Favors Aussie, Real, Loonie as U.S., Europe Growth Subdued
Pacific Investment Management Co., which manages the world’s biggest bond fund, said it is favoring the currencies of Australia, Brazil and Canada as it gauges they will offer attractive returns in an environment of subdued growth and inflation in the U.S., Europe and Japan.
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