Qatar Airways has bought a near 10% or $1.7 billion stake in British Airways-parent International Consolidate Airlines.
BHP Billiton said it would pare back its workforce at the Olympic Dam copper-and-uranium mine in southern Australia amid a push to reduce operating costs.
Honda Motor cut its full-year net profit forecast by 3.5% after being hit by costs related to recalls over explosive air bags made by Takata.
Few companies have experienced the roller-coaster ride of the commodities cycle like Newcrest Mining, Australia’s biggest gold producer.
The collapse in oil markets in recent months is now being mirrored in Asian liquefied natural gas markets, where prices have nearly halved in the last four months.
A friendlier approach to activist investing, in vogue in the U.S., is catching on in Japan, where the government has been pushing companies to be more responsive to shareholders.
The strong U.S. economy is dimming gold’s allure. Gold futures posted their sharpest decline—2.4%—in more than a year, a day after the Fed waxed optimistic about U.S. economic growth.
Veteran stock picker Michael Karsch said he is planning to launch a hedge-fund firm this year.
The rising dollar claimed another victim as Google’s revenue grew slower than expected. Absent the dollar’s impact, revenue would have risen roughly 20%.
Manitowoc said it plans to split into two stand-alone companies by spinning off its food-equipment business early next year, a move advocated by two activist investors.