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Exclusive: Chinese, Japanese suitors eye $4 billion sale of CIT plane leasing unit – sources

SINGAPORE/HONG KONG (Reuters) – U.S. lender CIT Group Inc has kicked off the sale of its aircraft leasing assets by inviting more than a dozen entities to consider bidding, including China's HNA Group, Industrial and Commercial Bank of China's ICBC Leasing, and Japan's Orix Corp , sources familiar with the matter said. The sale of CIT's Commercial Air unit could fetch between $3 billion to $4 billion, with Century Tokyo Leasing , sovereign wealth fund China Investment Corp, CDB Leasing, plus some global pension funds and insurers, also invited to bid for the assets, the sources added.

Australia blames refugee advocates after asylum seeker sets herself alight

By Colin Packham SYDNEY (Reuters) – Australia blamed refugee advocates on Tuesday for “encouraging” asylum seekers held in remote camps towards acts of self-harm after a woman set herself on fire, while the United Nations renewed its criticism of Australia's harsh immigration policy. Australian officials said an unidentified 21-year-old Somali woman was in a critical condition after she set herself alight at an Australian detention camp on the tiny South Pacific island of Nauru on Monday, the second such incident in a week. A 23-year-old Iranian man also set himself on fire last week in protest against his treatment on Nauru and later died.

Cricket-England name unchanged squad for second Ashes test

LONDON, July 12 (Reuters) – England have named an unchanged 13-man squad for the second Ashes test at Lord’s next week having thrashed Australia by 169 runs in Cardiff on Saturday to take a 1-0 series lead, the England and Wales Cricket Board (ECB) said on Sunday. England won the opening test inside four days having bowled Australia out for 242, who were chasing a daunting 412 to win, and banished memories of the humiliating 5-0 Ashes whitewash in the previous series down under. …