The Queensland government remains in talks with a group, including BHP Billiton, which has raised its bid for the state’s coal freight network to 5.2 billion Australian dollars ($4.8 billion) (WSJ Australia)

Royal Bank of Canada, the country’s worst-performing bank stock this year, has approached potential buyers for a United States insurance unit it acquired for $650 million a decade ago (Bloomberg)

Investment bank Goldman Sachs is the subject of investigations by regulators on both sides of the Atlantic over the timing of disclosures relating to the Securities and Exchange Commission’s fraud charges against it. (The Telegraph)

Douglas A. McIntyre

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