The London Metal Exchange, the world’s largest metal-trading platform, should be able to get an offer of at least a billion pounds ($1.6 billion), CEO Martin Abbott told CNBC.
"I think we are going through something of a difficult time [for faith in our business community]. Over the last decade there has been a fundamental shift. I think the era of deference has gone, and the power has moved to the individual," Sir Nigel Knowles, chairman of DLA Piper, told CNBC.
Carson Block, the founder of Muddy Waters, says he never knew anyone would be interested in his reports on U.S.-listed Chinese companies.
Sino-Forest is anxious to respond to those demanding proof of ownership of timber assets, reports CNBC's Herb Greenberg.