Operator of Crashed Helicopter Files for Bankruptcy Protection

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CHC Group, the operator of a helicopter that recently crashed in Norway killing 13 people, has filed for bankruptcy protection. The company is the latest to be caught by the downturn in global energy prices.

Is The Emerging Markets Rally Built on Flimsy Foundations?

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Emerging markets have come in from the cold. But can they retain investors’ favor?

Rolls-Royce Shares Slump

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Shares in British aircraft engine maker Rolls-Royce Holdings slumped after it signaled that first-half results would only be “close to break-even” and that achieving free cash flow targets was heavily dependent on the outcome of the second half.

Repsol Profit Plunges More Than 40%

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Repsol said its first-quarter net profit fell by almost half as falling energy prices hit Spain’s largest oil company.

Rio Tinto Not Retreating Under Incoming CEO

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Jean-Sébastien Jacques will take the job as Rio Tinto’s chief executive in July with an unusual commodity among major mining companies: a growth strategy.

Casino Magnate James Packer Learns Art of Letting Go

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James Packer’s Crown Resorts is selling Melco Crown’s shares well below their peak, but the move makes some sense.

Oil-Price Drop Vanquishes Cutting-Edge Projects

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The world’s largest energy companies are sidelining big ideas, like ultra-deep water development, floating LNG factories and carbon-capture projects, that they touted just a couple of years ago as the industry’s future.

What It Takes for Royal Dutch Shell to Break Even

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Shell says it will do “whatever it takes” to balance its cash flows in an era of lower oil prices. There is still much work to be done.

Brewery Builds a Pipeline, Sending Beer Lovers Into a Froth

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Belgian project will transport 1,500 gallons of suds an hour; requests for home taps go nowhere.

Takata Air-Bag Recall More Than Doubles in the U.S.

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Federal regulators ordered auto makers to recall up to another 40 million rupture-prone Takata air bags, more than doubling the largest automotive safety campaign in U.S. history.

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