The London Metal Exchange on Wednesday launched another round of proposals to improve its warehousing operations, which have been criticized for the long delays, particularly for aluminum.
As carriers look to speed up baggage queues, they are turning to self-service kiosks and digital trackers to continue to reduce lost or misdirected luggage.
The Justice Department is investigating some U.S. airlines for “possible unlawful coordination,” a spokeswoman said.
ACE agreed to buy fellow property-and-casualty insurer Chubb in a cash-and-stock deal valued at $28.3 billion, the largest-ever deal between two companies in the insurance industry.
Agricultural prices face a 10-year bear market, says the OECD. That is bad news for companies supplying tractors and fertilizer.
U.S. stocks rose Wednesday after Greece sent a fresh bailout proposal to its creditors, fueling hopes of a deal being reached.
Asia’s wealthy individual investors have loaded up on high-yield bonds in the past three years, including a large helping of debt from Chinese property firms that have been facing a weak housing market.
A dearth of Treasurys will limit the Federal Reserve’s ability to affect long-term interest rates.
China’s stock regulator approved plans for six initial public offerings despite a market slump into bear territory and no sign of immediate recovery.
Visa said it has stopped processing the purchase of all ads on classified website Backpage.com after receiving a request to do so from the sheriff in Cook County, Illinois.