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BRUSSELS: The European Union is on the verge of scrapping a new round of membership talks with Turkey, a move that would further undermine Ankara's already slim hopes of joining the bloc anytime soon and damage its relations with Brussels.
LONDON: Britain should hand most of its shares in Royal Bank of Scotland and Lloyds Banking Group to the public, an influential think tank said, in what would be the country's biggest ever privatization.
KUALA LUMPUR: The Barisan Nasional's retention of the federal government assures the continuation of Malaysia's pro-growth policy, says Moody's Investor Services.
ROME: The board of Finmeccanica SpA will meet on Wednesday to discuss how to limit the impact on its business of a judicial probe that has seen the arrest of its chief executive, the Italian defence group said in a statement on Tuesday.
SINGAPORE: Gaming operator Genting Singapore is examining opportunities to enter Japan, where a new government is expected to pass legislation legalizing casinos in the next 12 months to 18 months, company executives said on Friday.
LONDON: More austerity looks certain when Chancellor George Osborne presents a half-yearly budget statement on Wednesday, even if he tries to juggle some spending around to ease the pain.
TOKYO (Reuters): Asian shares slipped on Wednesday, hurt by fears that Spain's banking woes will push up the country's borrowing costs to unsustainable levels although falls were limited on hopes that Greece would stay in the euro zone and for China stimulus steps.