Global Business Report: RBS Delays Dividends Again

The Royal Bank of Scotland announced a delay in resuming dividend payouts due to ongoing losses, impacting its stock value. Meanwhile, China reassured global markets about its economic stability and reform plans during a G20 meeting. Pine River Capital Management closed its Asia-focused hedge fund due to insufficient assets and market volatility. Liberty Media settled a long-standing dispute with Vivendi, receiving $775 million. The global business report concluded with a summary of these key financial events.

What is the main reason for the Royal Bank of Scotland's delay in resuming dividend payouts?

• Expansion into new international markets

• High employee turnover rates

• Eighth consecutive annual loss due to past misconduct costs

• Increased competition in the banking sector

What assurance did the People's Bank of China give regarding the yuan?

• There will be no further devaluation to support the economy

• It will be allowed to float freely

• It will be backed by gold reserves

• It will be pegged to the US dollar

What was Germany's stance on the G20 leaders' discussion about economic stimulus?

• Germany opposed any coordinated stimulus

• Germany supported a coordinated stimulus

• Germany was neutral on the matter

• Germany proposed an alternative stimulus plan

Why did Pine River Capital Management close its Asia Fund?

• Lack of sufficient assets to justify its continuation

• Regulatory changes in the hedge fund industry

• Poor performance and negative returns

• Merger with another hedge fund

What was the outcome of Liberty Media's dispute with Vivendi Universal?

• Liberty Media acquired Vivendi Universal

• Vivendi Universal paid Liberty Media $775 million

• The dispute is still ongoing

• Liberty Media lost the case