Showing 21 - 30 of 321
Remington to exit bankruptcy
Business, Published on 05/05/2018
» Remington Outdoor Company, one of the oldest and largest gun makers in the United States, said that a bankruptcy judge had approved its reorganisation plan, which will transfer ownership of the company to creditors including JPMorgan Chase & Co.
Amazon.com plays catch-up in Brazil as local rivals thrive
Business, Published on 05/05/2018
» Claudia Maria de Oliveira is leery of online shopping. But while browsing social media recently, the 49-year-old Brazilian spotted a bargain-priced sandwich press from local retailer Magazine Luiza SA.
BMW's net profit edges up in first quarter
Business, Published on 05/05/2018
» BMW AG saw first-quarter net profit rise slightly from an already high level as sales strengthened across all regions and the company's 5-Series sedan and X1 sport-utility logged double-digit increases.
China, US fail to bridge differences
Business, Published on 05/05/2018
» Top officials from China and the United States reached a consensus on some aspects of the countries' trade row, but disagreements over other issues remain "relatively big", Xinhua said yesterday.
AIA's new business value jumps 26% in first quarter
Business, Published on 05/05/2018
» AIA Group Ltd, the second-largest Asia-Pacific insurer by market value, said its value of new business rose 26% in the first quarter, as growth in China offset slowing Hong Kong sales.
Ex-VW CEO charged in US over diesel scandal
Business, Published on 05/05/2018
» The US Justice Department on Thursday disclosed the filing of criminal charges against former Volkswagen AG chief executive Martin Winterkorn, accusing him of conspiring to cover up the German automaker's diesel emissions cheating.
05biz-Teaser B1
Business, Published on 05/05/2018
» Two barred executive directors of Asia Wealth Securities sue the SEC
Flipkart board said to choose Walmart
Business, Published on 05/05/2018
» The board of Flipkart Online Services Pvt has approved an agreement to sell about 75% of the company to a Walmart Inc-led group for approximately $15 billion, according to people familiar with the matter, an enormous bet by the American retailer on international expansion.
Norwegian turns down IAG's offer
Business, Published on 05/05/2018
» British Airways-owner International Consolidated Airlines Group SA (IAG) is considering its options after Norwegian Air Shuttle rebuffed two takeover advances.
HSBC seeks to appease investors
Business, Published on 05/05/2018
» HSBC Holdings Plc's new chief executive sought to mollify investors with a share buyback of up to $2 billion, as the bank reported yesterday an unexpected 4% drop in first-quarter pre-tax profit due to a surge in spending.