China Logistics says top shareholder in talks to sell controlling stake
China Logistics Property Holdings Co (1589.HK) said on Thursday its top shareholder was in talks to sell its controlling stake in the company to an
Category: Business
Shipping woes squeeze profits at U.S. dollar stores, shares slip
Top U.S. dollar companies said their full-year profits will take a bigger hit than feared due to surging transportation costs, with Dollar Tree Inc (DLTR.O)
T-Mobile hacker says wireless carrier’s security “awful”
The hacker, who stole data of more than 53 million former and prospective customers of T-Mobile US Inc (TMUS.O), said the wireless carrier’s security was
Maruti Suzuki: CCI Fines India’s Biggest Carmaker Rs 200 cr Over Dealer Discount Policy
The Competition Commission of India (CCI) on Monday imposed a penalty of Rs 200 crore on Maruti Suzuki India Limited (MSIL) for anti-competitive conduct of
Coty bets on fragrance rebound for return to sales growth, shares soar
Coty Inc (COTY.N) said on Thursday it expects to post full-year sales growth for the first time in at least three years, as people splurge
Gilead Sciences wins reversal of $1.2 bln award in patent case with Bristol Myers
A U.S. appeals court on Thursday threw out a $1.2 billion ruling against Gilead Sciences Inc (GILD.O), finding a patent on a cancer therapy it
Bank of America vice chairman, COO to retire
Bank of America Corp (BAC.N) Vice Chairman Anne Finucane and Chief Operating Officer Thomas Montag will retire from their positions, the bank said in a