Hyundai Development says consortium closes $2.2 billion acquisition of Asiana Airlines
South Korean builder Hyundai Development Co said on Friday its consortium has closed on its 2.5 trillion won ($2.16 billion) acquisition of a controlling stake...
China’s November industrial profits rebound, but soft demand still a risk
Profits at China’s industrial firms in November grew at the fastest pace in eight months, breaking a three-month declining streak, as production and sales quickened,...
Peru watchdog says McDonald’s franchisee Arcos Dorados violated safety laws
Peru´s labor watchdog has found McDonald’s Corp´s Latin America franchisee Arcos Dorados guilty of six “very serious” violations of local safety and health laws following...
China’s November industrial profits rise 5.4% year-on-year
Profits at China’s industrial firms in November grew 5.4% from a year earlier to 593.9 billion yuan ($84.93 billion), the National Bureau of Statistics said...
Boeing 737 MAX crisis adviser Michael Luttig to retire
Boeing Co said on Thursday Michael Luttig, who was appointed senior adviser to the planemaker’s board amid the 737 MAX crisis in May, will retire...
Global stocks rally to record highs; gold gains
A gauge of global equity markets and Wall Street’s three major indices finished at all-time highs on Thursday in light holiday trade as a year-end...
Nasdaq tops 9,000 on boosts from Amazon, trade optimism
The Nasdaq crossed the 9,000-point mark for the first time on Thursday as all three major Wall Street indexes posted record closing highs, boosted by...
Oil up 1% at highest since September on trade pact and crude supplies
Oil prices were up about 1% to the highest in more than three months on Thursday, boosted by hopes that the China-U.S. trade fight would...
Oil up 1% at highest since Sept on trade hopes and crude supplies
Oil prices rose about 1% to the highest in more than three months on Thursday, buoyed by hopes of an end to the China-U.S. trade...
Peru labor watchdog says McDonalds franchisee Arcos Dorados violated law over employee deaths
Peru´s labor watchdog has found McDonalds Corp´s Latin America franchisee Arcos Dorados guilty of six “very serious” violations of local safety and health laws following...