Hyundai Motor Group chief Chung Mong-koo had his three-year jail sentence for fraud suspended by a South Korean appeals court on Thursday, leaving him free to run the world's sixth largest auto maker.
Starbucks opened its first coffee shop in Russia on Thursday, two years after it won a legal battle to protect the right to its brand in the fast-growing Russian market.
Limited Brands Inc said on Thursday sales at stores open at least a year rose 1 percent in August, in line with the retailer's expectations, but it expects same-store sales to be flat in September.
Blackstone Group plans to buy a 20 to 40 percent stake in chemicals company China National BlueStar (Group) Corp for up to $500 million, marking its first major investment in the world's fastest-growing major economy.
Campbell Soup Co on Thursday posted quarterly profit below analysts' estimates despite strong sales of its V8 vegetable juice, as the company overhauled its supply chain in Australia and Indonesia.
European plane-maker Airbus wants to source more parts from China and grab more market share from arch-foe Boeing in a market it expects to double every five to six years.
General Motors Corp said on Wednesday its vehicle sales in China would exceed 1 million this year but intense competition would keep the heat on prices in the world's fastest-growing car market.
Hitachi Construction Machinery Co Ltd is targeting 70 percent growth in sales and a doubling in profit over four years as demand for earth-moving equipment booms in China, India and Russia, its CEO said.
The head of South Korea's Hyundai Motor Group, the world's sixth-largest auto maker, should hear on Thursday the result of his appeal against a 3-year jail sentence for fraud and embezzlement.
Major international oil companies say carbon capture and storage is a way to curb carbon dioxide emissions while continuing to burn fossil fuels, but their critics say few are actually investing.
South Africa's biggest mass-market lender, Abil, has made a firm offer to buy furniture retailer Ellerines in a 10.6 billion rand ($1.46 billion) all-share deal, the groups said on Wednesday.
Hurricane Dean is expected to cost Munich Re less than 100 million euros ($136 million), the reinsurer said on Wednesday, adding that it was sticking to its 2007 earnings forecast.
Citigroup Inc and other banks could find themselves burdened with affiliated investment vehicles that issue 10s of billions of dollars in short-term debt, the Wall Street Journal said in its online edition on Wednesday.
Mortgage insurer MGIC Investment Corp. and bond insurer Radian Group Inc. agreed to terminate their pending merger, the companies said on Wednesday, citing market conditions.
The world's leading toymaker, Mattel Inc, on Tuesday announced a third recall of Chinese-made toys, saying it would take back more than 800,000 units globally that contain impermissible levels of lead. In total, 522,000 U.S. toys and 322,000 outside the United States are being recalled.
Canadian Pacific Railway Ltd said it planned to buy the Dakota, Minnesota & Eastern Railroad Corp for at least $1.48 billion to expand its network and increase its access to U.S. Midwest markets.
Major automakers posted mixed U.S. sales for August on Tuesday, as executives cautioned the embattled industry was facing reverberations from a weaker housing market and the shakeout in subprime lending. Industrywide sales for August were tracking at 16.1 million vehicles on an annualized rate, down from 16.2 million a year earlier.
HSBC Holdings Plc's Chinese fund arm aims to launch two new funds over the next year amid feverish demand for asset management services fuelled by a bullish local stock market, the venture's head said on Tuesday.
Boeing Co said on Tuesday China will remain its top market outside the United States for the next 20 years, as it vies with arch rival Airbus to supply the country's booming airline industry.
AstraZeneca Plc is not planning any major changes to its investments in India after a recent court ruling backed a law viewed as weakening patent protections, Chief Executive David Brennan said on Tuesday.
Bayer Schering Pharma, the drug business of Germany's Bayer AG, expects its revenues in Asia to rise by around 17 percent to more than 1.9 billion euros.
Ford Motor Co. on Tuesday reported an overall 14 percent sales decline in August, hurt by a decline in showroom sales, but set a higher production target for the fourth quarter. Excluding Ford's European luxury brands and heavy-duty trucks, Ford's sales fell 15 percent in August.
NovaStar Financial Inc said on Tuesday that it would eliminate 275 jobs and slash direct mortgage lending to preserve cash after it was forced to cancel a $101.2 million rights offering, and its shares fell 14 percent.
Vodafone sees glowing prospects for its position as Spanish market leader in third-generation (3G) mobile phone services, with 60 percent of its new customers opting for net-friendly handsets, more than overall market leader Telefonica.
Eurostar set a new Paris to London rail speed record of just over two hours on Tuesday with the first train to use Britain's long-awaited high speed track at around 320 kilometers (about 199 miles) per hour.
Kraft Foods Inc said on Tuesday it struck deals for Starbucks coffee to be sold for its Tassimo hot beverage machine and to replace the current manufacturer of the Tassimo machine with Bosch Household Appliances.
Title insurer First American Corp. said on Tuesday that it expected to reduce personnel by about 1,300 in the third quarter, citing rapidly changing economic conditions.
Wireless service provider MetroPCS Communications Inc said on Tuesday it proposed buying competitor Leap Wireless International Inc for more than $5 billion in stock.
Franklin Templeton Investments, which manages $621 billion in assets, has bought 25 percent of Dubai's Algebra Capital Ltd and wants to grow its business in Arab markets, it said on Tuesday.
Deutsche Boerse declined to comment when asked on Tuesday whether the group was interested in U.S. Nasdaq Stock Market Inc's stake in London Stock Exchange.
