(Reuters) -New car sales in Europe rose 4.9% in October as electric cars outpaced petrol and diesel registrations, European Automobile Manufacturers' Association data showed on Tuesday. WHY IT'S IMPORTANT The European car industry has taken a series of hits this year including U.S. President Donald Trump's trade tariffs, a slowdown in the Chinese market, and a slower-than-expected transition to electric...

* Singapore High Court dismisses Standard Chartered's ( SCBFF ) application to strike out lawsuit * Standard Chartered ( SCBFF ) to appeal the decision, says claims brought by shell companies * Liquidators allege bank enabled fraud causing $2.7 billion losses (Adds additional statement from bank in paragraphs 7 and 8, adds bullets to story) SINGAPORE, Nov 25 (Reuters) -...

SINGAPORE (Reuters) -A Singapore court has cleared the way for a $2.7 billion lawsuit against Standard Chartered Bank ( SCBFF ) over its alleged role in 1MDB fraud, liquidators seeking to recover the funds said on Monday. Singapore High Court dismissed an application by the bank to strike out a suit filed against it by liquidators, the liquidators said in...

By Sherin Sunny and John Biju (Reuters) -Lynas Rare Earths ( LYSCF ) warned on Tuesday of a one-month production shortfall this quarter due to significant power supply disruptions at its Kalgoorlie processing facility in Western Australia. The production shortfall could be a potential setback for the world's largest rare earths producer outside China as it tries to ramp up...