GM'S LEGAL DEPARTMENT UNDER SCRUTINY

Federal prosecutors are scrutinizing whether employees inside and outside GM's legal department concealed evidence from regulators about a faulty ignition switch, potentially delaying a recall of vehicles with the fatal problem, sources said.

CITIGROUP FACES CURBS ON HEDGE-FUND SALES

Citigroup faces restrictions that will prevent it from selling investments in hedge funds and private-equity funds to wealthy clients, following a recent deal with U.S. regulators.

DYNEGY TO BUY ASSETS FROM DUKE, ENERGY CAPITAL

Dynegy has agreed to pay $6.25 billion to buy 12,500 megawatts of coal and gas generation assets from Duke Energy and Energy Capital Partners, a deal that will nearly double its portfolio and broaden its presence in the Midwest and eastern parts of U.S.

FOOT LOCKER PROFIT RISES 39%

Foot Locker said its fiscal 2Q profit jumped 39% to $92 million, or 63c a share. The results outpaced Wall Street expectations, and sales excluding newly opened and closed locations climbed a healthy 7%. Shares jump 4% premarket.

RBC'S CAPITAL-MARKETS UNIT DRIVES PROFITS

Royal Bank of Canada's capital-markets division contributed nearly 27% of the bank's overall profit during its fiscal third quarter, underscoring a risk dilemma facing one of the world's largest lenders.

RUSSIA'S ROSNEFT TO ACQUIRE 30% OF N.Y.-LISTED OIL DRILLER

New York-listed North Atlantic Drilling said that Russia's Rosneft would acquire 30% of its shares in exchange for cash and 150 of Rosneft's onshore drilling rigs.

GERMANY OKS RWE SALE OF DEA TO RUSSIAN ENTREPRENEUR

Germany approved the sale of RWE's oil and natural gas exploration subsidiary Dea to an investment holding vehicle of Russian entrepreneur Mikhail Fridman despite political tensions over the situation in Ukraine.

ABN AMRO PROFIT CAPPED BY CHARGES

Dutch bank ABN Amro Group said Friday that one-off charges led to a sharp drop in second-quarter profit but that its operational performance continued to improve.

CANDY CRUSH SAGA RELEASED IN CHINA

Candy Crush Saga, one of the world's most successful mobile games, has finally been released in China by the country's main mobile game publisher Tencent Holdings.

LSE PLANS $1.56 BILLION RIGHTS ISSUE

London Stock Exchange Group said it plans to raise GBP938 million or $1.56 billion from a rights issue to help funds its acquisition of asset manager Frank Russell Co.

CEZ LIKELY TO BID FOR ENEL'S STAKE IN SLOVAK PEER

CEZ is seriously considering bidding for Enel's 66% stake in Slovak peer Slovenske Elektrarne, which analysts estimate could be worth around EUR2 billion.

INDIA'S ARVIND TO BRING GAP STORES TO INDIA

India's Arvind said it plans to open retail outlets in India with U.S. apparel retailer Gap. San Francisco-based Gap will work with the Arvind unit, Arvind Lifestyle Brands to open stories in Asia's third-largest economy.

AUSTRALIAN GAS PRODUCERS BOOST DIVIDENDS

Investors in Australia's energy sector have endured years of uncertainty as companies toiled to build gas-export projects. Now their patience is finally being rewarded as owners of liquefied natural gas projects crank up their dividends.