Updated throughout the day.
AIG (AIG) will hold back $21 million from employee bonuses (CNBC)
Google (GOOG) will shut its Google.cn site in China (various)
Arrow Energy will reject a $3 billion takeover bid from Royal Dutch Shell and PetroChina (PTR). (Australian Financial Review)
T Rowe Price (TROW) is in talks to buy a stake in Chinese financial firm Citic. (Reuters)
Barclays Capital is considering the partnership model used by Goldman Sachs and Merrill Lynch years ago (FT)
Neuberger Berman will list a distressed debt fund on the London exchange. (FT)
Bank of America (BAC) will seek government approval to expand its operations in China (WSJ)
Blockbuster (BBI) is trying to find buyers for its stores in Europe (The Times)
Douglas A. McIntyre
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