FERROVIAL ABANDONS A$1 BILLION TRANSFIELD BID 

Ferrovial SA abandoned a 1.02 billion Australian dollar takeover bid for Australia's Transfield Services Ltd., a major setback in the Spanish construction company's plan to compete for billions of dollars of new infrastructure projects Down Under. (published 0006 GMT)

 
 
DISH DROPS FOX NEWS CHANNEL, FOX BUSINESS NETWORK--UPDATE 

Satellite-TV provider Dish Network Corp. is no longer carrying 21st Century Fox's Fox News Channel and Fox Business Network after the companies couldn't come to terms on a new distribution contract. (published 2118 GMT Sunday)

 
 
CHINA'S XIAOMI RAISES OVER $1 BILLION IN INVESTMENT ROUND 

Xiaomi Corp. is raising more than $1 billion in its latest round of funding, valuing the fast-growing Chinese smartphone maker at more than $45 billion and making it one of the most valuable technology startups in the world, a person familiar with the matter said. (published 1636 GMT Saturday)

 
 
DEUTSCHE BANK TO REVIEW STRATEGY NEXT YEAR 

Germany's Deutsche Bank AG will review its business model as a global investment and transaction bank with local retail-banking operations next year, the co-chief executives Anshu Jain and Jurgen Fitschen told German weekly Welt am Sonntag Sunday in a joint interview. (published 0934 GMT Sunday)

 
 
CITIGROUP WAS WARY OF METALS-BACKED LOANS 

Citigroup Inc. pushed forward on a series of ill-fated metal financing deals in China despite internal warnings about the risks, leaving it exposed to losses that could take a big bite out of its growing commodities business. (published 2040 GMT Sunday)

 
 
JAPAN OIL REFINER IDEMITSU KOSAN IN TALKS TO BUY SHOWA SHELL 

Japan's second-biggest oil refiner and distributor, Idemitsu Kosan Co., says it is in talks to buy industry peer Showa Shell Sekiyu K.K. as falling domestic oil demand pinches the margins of wholesalers. (published 1036 GMT Saturday)

 
 
SIHUAN PHARMACEUTICAL: JOINT VENTURE TO BUY HOSPITAL STAKE 

Sihuan Pharmaceutical Holdings, a Chinese pharmaceutical company, said Monday that one of its joint ventures will receive a capital injection of 830.7 million yuan to buy a stake in a Chinese hospital. (published 0016 GMT)

 
 
CHINA AIRCRAFT LEASING TO SELL SOME FINANCE LEASE RECEIVABLES FOR $103 MLN 

State-owned China Aircraft Leasing Group said Sunday that it entered into an agreement to sell its finance lease receivables for three aircraft to an independent trust for $103 million. (published 0003 GMT)

 
 
BANK OF EAST ASIA: THOMAS KWOK CONVICTION WON'T IMPACT COMPANY 

Bank of East Asia Ltd., Hong Kong's leading independent home-grown bank, said Monday that the conviction of Thomas Kwok wouldn't have any impact on the company. (published 0040 GMT)

 
 
NZ KATHMANDU WARNS OF SOFT SALES AHEAD OF CHRISTMAS 

Kathmandu Holdings is warning same stores sales for the important pre-Christmas period were lower on year due to softness in the Australian market. (published 2155 GMT Sunday)

 
 
ABANO HEALTHCARE SEES SHARPLY HIGHER FY15 NET PROFIT 

Abano Healthcare Group saw its net profit in the first half of the 2015 financial year rise sharply on year driven by growing revenues and improvement in same store earnings. (published 2123 GMT Sunday)

 
 
CHINA INVESTIGATES EXECUTIVE AT NISSAN JOINT VENTURE 

A Chinese executive at Nissan Motor Co.'s joint venture in China is under investigation for alleged corruption, as Beijing's antigraft drive continues to focus on state-run companies. (published 0502 GMT Sunday)

 
 
U.S. APPROACHES CHINA IN EFFORT TO RESPOND TO NORTH KOREAN HACKING 

The Obama administration is seeking assistance from China as U.S. officials craft President Barack Obama's promised response to North Korea's cyberattack on Sony Pictures, senior administration officials said Saturday. (published 0043 GMT Sunday)

 
 
FORMER PETROBRAS EXECUTIVE GIVES COMPUTER DATA TO PROSECUTORS 

A former executive of Petroleo Brasileiro SA met with Brazilian federal prosecutors for five hours on Friday and handed over a computer containing documents that purportedly show that the company's chief executive and board of directors were made aware of an alleged bribery scheme at the company as far back as 2009, according to the former executive's lawyer. (published 1715 GMT Saturday)