Qantas Airways, engaged in a price war at home in Australia, forecast steep first-half losses while announcing a further 1,000 job cuts and possible asset sales.
China Cinda Asset Management raised $2.5 billion in its Hong Kong initial public offering, the city's largest this year, backed by significant demand.
China Mobile signed a long-awaited deal with Apple to offer iPhones on its network, an arrangement that would give the U.S. technology giant a big boost in the world's largest mobile market.
Norman Rockwell's "Saying Grace," a painting that adorned the cover of the Saturday Evening Post in 1951, sold for $46 million at Sotheby's in New York, setting a record for the American Art category.
Intuitive Surgical warned customers last month that instruments used in its surgical robots can momentarily stall during procedures.
AT&T and T-Mobile US are considering bids for a block of spectrum licenses held by Verizon Wireless.
Chorus is set to renegotiate its contract with the New Zealand government to build a nationwide fiber network, after an initial independent report found the company at risk of not meeting its obligations.
As mining companies across Africa seek to lay off workers because of weaker commodity prices, African governments are fighting back, straining relations with some of their biggest investors.
Dongfeng Motor Group and Renault have received approval from China's top economic planner to start a $1.3 billion car-making joint venture in the world's largest car market.
Vikram Pandit, former CEO of Citigroup, is helping to fund an upstart in the peer-to-peer lending industry, joining a growing movement trying to disrupt the traditional banking model.