AXA retracts offer for Asian affiliate
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SYDNEY Shares of AXA Asia Pacific Holdings slumped Monday after the European insurer AXA withdrew a 3.4 billion Australian dollar, or $2.
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Ambac Financial, which insures against sub-prime losses,  abandons share sale
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Cable &amp; Wireless yesterday sold its Japanese business to Softbank Corp for Â£72.4m. The move is the last big part of the company&#39;s retrenchment and leaves it focused on Britain and a handful of former British colonies.
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HONG KONG: Hutchison Telecommunications International Ltd, which sells mobile phone services in India, Hong Kong and six other countries, cut its initial public offer target after Asian telecommunications stocks slumped this year.
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Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) announces today that it has received a competing offer from a consortium located in South East Asia.
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UK mobile messaging firm 'ceases trading'
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Asian shares fell on Tuesday as a soft dollar and concerns about weak holiday spending in the key U.S. market prompted investors to unload shares in exporters such as Samsung Electronics  and Honda
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UK-based Cable &amp; Wireless, which has been selling off pieces of itself or just discontinuing business in certain world markets it finds unprofitable, is trading its Japanese presence to that country&#39;s Softbank Corp.
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Lycos Europe has axed the distribution of a controversial screensaver designed to target websites that profit from spam, claiming that the company has made its point.
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Sport: Football: Club pulls the plug on potential takeover deal with Hong Kong businessman
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By Karen Attwood  The Dutch healthcare and chemicals group Akzo Nobel ditched plans to float its biopharmaceutical division in favour of a sale yesterday, triggering speculation it would next make a move on the chemicals group Imperial Chemical Industries.
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Hutchison Telecommunications International Ltd., controlled by Hong Kong billionaire Li Ka- shing, cut its initial public offer by as much as a fifth after investors snubbed the sale because the price was too high.
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Another global giant is pulling its NYSE listing. Should we care?
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eBay is reportedly pulling out of the Chinese market, instead opting to replace it with a new site that would be run by Bejing-based Tom Online, the Wall Street Journal reports. So far, the auction site has refused to confirm the speculation.
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Sanofi-Aventis has withdrawn its   marketing application for its Multaq heart arrhythmia treatment   in the European Union, the world's third-largest drugmaker said   on Thursday.
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Aon Corp. is under more intense pressure to stop taking so-called contingent commissions from insurers after a rival announced Thursday it no longer would accept such payments.
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Shares in insurance company AXA Asia Pacific have tumbled after a takeover offer from its French parent company was rejected by the Australian directors.