China’s biggest e-commerce company said it is cooperating with the SEC and that the commission told it a request for information shouldn’t be taken as an indication of any violation of securities law.
Trade between Islamic State, the Assad regime and others continues despite Syria’s war, leaving it to truck drivers to crisscross front lines delivering food, oil and appliances.
South Korea’s STX Offshore & Shipbuilding Co. will likely be put under court receivership after years of financial aid failed to keep it afloat.
Singapore Exchange Ltd. is in exclusive talks to buy Baltic Exchange Ltd., in a move that could see another venerable London marketplace end up in foreign hands.
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Shipping crude oil is going to become an increasingly unpredictable business for railroads, as refiners have now demonstrated they will turn to the cheapest source for oil no matter its location.
Sports Authority Holdings Inc.’s going-out-of-business sales will begin this week after a bankruptcy judge signed off on a deal with a trio of liquidators.
Sony warned that its business that makes components for smartphones is likely to post a wider operating loss, as sluggish sales of Apple’s iPhones hit the Japanese company’s bottom line.
Australian resources companies have been struggling with falling metals and energy prices, but their beef-rearing operations have been doing well as meat prices soar.
Swift Transportation CEO Jerry Moyes has restructured family financial obligations to reduce his exposure if the trucking company’s share price falls.
International Maritime Organization says ‘practical and pragmatic’ three-month grace period would calm exporter fears of widespread backups.
The People’s Bank of China on Wednesday set its daily yuan-fixing at the weakest level against the U.S. dollar in more than five years.
U.S. new-home sales posted their strongest month in more than eight years while prices jumped to a record level, suggesting healthy demand alongside limited supplies across the housing market.
Coca-Cola Enterprises shareholders voted to approve the company’s proposed bottling merger, which would create the largest independent Coke bottler by sales world-wide.
Monsanto rejected Bayer’s $62 billion takeover offer, saying the biotech seed giant’s business merited a higher price, though Monsanto said it remains open to further talks on a deal.
Coca-Cola shook up its management, replacing the heads of its Asia and Africa businesses.
Many American companies are wary of Chinese acquirers, with some demanding that they put money in escrow accounts or provide letters of credit to guarantee deal financing or payment of breakup fees.
GE announced a raft of investments worth at least $1.4 billion in Saudi Arabia as the Persian Gulf kingdom seeks to reduce its oil dependence.
Marketer of consumer products including Ajax, Fab and Rit files for bankruptcy court protection from creditors and puts its collection of household products on the auction block.
The company is suspending production of its namesake beverage due to a shortage of sugar in the South American nation.
Deere & Co. said it has tightened conditions for equipment leases as a slump in farming incomes has led customers to prefer leasing machinery over purchasing it.
U.S. regulators are changing food labels to show sugar levels more prominently—the first such adjustment in more than two decades—dealing a blow to food makers and aiming to change how Americans eat and drink.
Panasonic’s auto business said it expected to add up to $3.6 billion in new revenue in the next two years through mergers and acquisitions that would give it new technologies .
Several logistics companies, such as BDP International Inc. and Pilot Freight Services, are seeking buyers, a sign that stagnant shipping demand is driving a new wave of consolidation in the industry.
Merger talks between German container-shipping operator Hapag-Lloyd AG and Dubai-based rival United Arab Shipping Co. are progressing well, and the companies will likely combine by the end of the summer, two people involved in the matter said.
Work on common standard on East, Gulf Coast ports aimed at breaking impasse that threatens export logjam
