Qatar Buys Stake in British Airways Parent

Related Link: 

Qatar Airways has bought a near 10% or $1.7 billion stake in British Airways-parent International Consolidate Airlines.

BHP Billiton to Trim Olympic Dam Workforce

Related Link: 

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.

Recalls Hit Honda Earnings

Related Link: 

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.

Newcrest Rides a Gold Roller-Coaster

Related Link: 

Few companies have experienced the roller-coaster ride of the commodities cycle like Newcrest Mining, Australia’s biggest gold producer.

Oil-Price Slide Hits LNG Markets

Related Link: 

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.

More Doors Crack Open to Activists in Japan

Related Link: 

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.

Gold Tarnishes as U.S. Economy Strengthens

Related Link: 

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.

Former Hedge-Fund Managers Hit the Comeback Trail

Related Link: 

Veteran stock picker Michael Karsch said he is planning to launch a hedge-fund firm this year.

Google Revenue Hurt by Rising Dollar

Related Link: 

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 to Split Crane, Food-Equipment Arms

Related Link: 

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.

Syndicate content