Chinese given green light for raid on Rio; ANZ head says bank monitoring exposure on Babcock & Brown; Battle for Golden West shareholders hots up; Kirin buys up dairy in $900m deal; Profits take $12bn hit on write-downs

Chinese given green light for raid on Rio; ANZ head says bank monitoring exposure on Babcock & Brown; Battle for Golden West shareholders hots up; Kirin buys up dairy in $900m deal; Profits take $12bn hit on write-downs