|                                               |                                                           |    |  |                                                                       | Rengan Rajaratnam cleared, U.S. insider trading streak snapped |                                      | NEW YORK (Reuters) - Rengan Rajaratnam, the younger brother of   convicted Galleon Group founder Raj Rajaratnam, was cleared   on Tuesday of conspiring to engage in insider trading while   at the hedge fund, ending a five-year winning streak by U.S.   prosecutors. |  |  |  |                                                |                                                           |    |  |                                                                       | Alcoa reports second-quarter profit, shares rise |                                      | (Reuters) - Aluminum producer Alcoa Inc  reported a second-quarter   profit on Tuesday, which included $78 million in special items   tied to a previously announced restructuring aimed at reducing   the cost base of its commodity business. |  |  |  |                                                |                                                           |   |  |                                                                       | U.S. in sanctions talks with Commerzbank and Deutsche: source |                                      | FRANKFURT (Reuters) - U.S. authorities have begun settlement   talks with Germany's Commerzbank and Deutsche Bank over their   dealings with countries blacklisted by the United States, extending   a crackdown on European banks at a delicate point in U.S.-German   relations. |  |  |  |                                                |                                                           |   |  |                                                                       | World Bank's IFC asks for review of Itau, CorpBanca deal |                                      | SANTIAGO (Reuters) - The International Finance Corp (IFC), the   World Bank's private investment arm, is seeking an independent   analysis of Brazilian bank Itaú Unibanco Holding SA's planned   takeover of Chile's CorpBanca, in which the IFC holds a 5 percent   stake. |  |  |  |                                                |   |  |                                                           | Argentina to meet again with debt mediator, bonds rise |                                | BUENOS AIRES (Reuters) - Argentina said on Tuesday it would meet   with a mediator in the country's dispute with holdout investors   for a second time this week, lifting market hopes for a deal   needed to avoid another painful debt default. |  |  |  |                                               |  |                          |                                                           |  |                                |  |                                |                                                                       | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today |  |  |                                |  |  |                          |                                                           |  |                                |  |                                |                                                                       | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today |  |  |                                |  |  |                          | » MORE NEWSLETTERS |  |