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Capital One to buy HSBC's US credit card unit for about $2.6 bln

Virginia-based Capital One agrees to buy the U.S. credit-card business of HSBC Holdings PLC for about $2.6 billion
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General Motors starts production of subcompact Chevrolet Sonic

US automaker General Motor Co has commenced regular production of subcompact Chevrolet Sonic at Detroit area plan
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Suzlon Energy to raise Rs 50 bln selling bonds, shares overseas

Windturbines maker Suzlon Energy plans to raise Rs 50 billion as debt repayment date nears
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Westfield Group invests $612.5 mln in World Trade Center JV

Sydney-based retail property group Westfield Group will invest $612.5 million in a joint venture to develop retail part of World Trade Center
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Temasek appoints Jimmy Phoon as CEO of Seatown unit

Investment company Temasek Holdings has appointed Jimmy Phoon as new chief executive for Seatown Holdings
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Mitsubishi Estate net profit slips 34% on fewer apartment sales

Japan-based real estate developer Mitsuibishi Estate has reported 34% fall in its net profit as it sold fewer apartments after earthquake in March
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Wal-Mart Stores appoints Danone's Morten Knudsen as Asia CFO

World's largest retailer Wal-Mart Stores has appointed Morten Knudsen as chief financial officer for Asia
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Nissan Motor, Dongfeng Group plan to invest $8 bln in China

Automobile companies Nissan and Dongfeng plan to invest $8 billion and launch 30 vehicles in China over 5 years to increase sales
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ING Groep to sell Latin American unit to Gruposura for $3.81 bln

Dutch financial services company ING Groep agrees to sell Latin America Insurance operations to Gruposura for about $3.81 billion
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Posco Q2 net profit up 23% to $1.3 trln

World's third-biggest steelmaker Posco reports 23% rise in net profit in second quarter, as steel production increase 11%
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