After a two-year investigation, a executive working for a Chinese conglomerate was arrested on charges of stealing inbred corn seed from production fields in Iowa and Illinois and trying to smuggle it into China, U.S.» Read More
NEW DELHI/ MUMBAI, June 24- Indian tycoon Mukesh Ambani hopes his multi-billion dollar bet on cheap high-speed wireless broadband could change the way nearly a billion of his countrymen use mobile devices from the way they do banking to watching cricket.
BEIJING, June 19- Wanda Group, China's largest commercial real estate developer, aims to invest about $1 billion to build a five-star hotel in New York as its third major investment outside its home market, Chairman Wang Jianlin said on Tuesday.
June 19- Algeria is investigating the head of its state power and gas utility, Sonelgaz, over contracts involving U.S. conglomerate General Electric Co and France's Alstom SA, sources told Reuters and Algerian local media reported. "The case is about inflating costs in deals with U.S. firm General Electric and French firm Alstom," one of the sources said.
NEW YORK/ DETROIT, June 17- Johnson Controls Inc is speaking to private equity firms about selling its roughly $1 billion automotive electronics unit, after buyout interest from many rival auto parts suppliers faltered, according to several people familiar with the matter.
NEW YORK/ DETROIT, June 17- Johnson Controls Inc is speaking to private equity firms about selling its roughly $1 billion automotive electronics unit, after buyout interest from several rival auto parts suppliers faltered, according to several people familiar with the matter.
GE Capital, the financial arm of industrial giant General Electric, will return $6.5 billion worth of dividends back to its parent company over the course of the year.
GM sales rose 6.4 percent in March - the best March in five years, but, still, below market expectation. TheStreet.com reports.
Thai billionaire Charoen Sirivadhanabhakdi has raised his stake in Fraser and Neave (F&N) to more than 50 percent, turning his offer to buy the rest of the Singapore property and drinks conglomerate unconditional.
Australian mining-to-retail conglomerate Wesfarmers on Wednesday cut its full-year coal sales forecast, citing flooding in Australia and weak demand in Asia that is depressing sales prices.
After four years of belt-tightening, American companies are good at squeezing more profit out of every dollar of sales - a skill that chief executives regard as critical in the face of an uncertain economy.
Two thirds of the 420,000 patrol cars in the United States are equipped with Panasonic's rugged Toughbook computers, and chief Kazuhiro Tsuga sees the niche product as a model for how the sprawling conglomerate can make money beyond a gadget mass market increasingly dominated by Samsung Electronics and Apple.
GE expects revenue to be flat to up 5% in 2013 despite "fiscal cliff" fears. However, there's one area the company expects double-digit growth.
Research has shown that there will continue to be a battle for top talent in Turkey, as it competes with the West to attract and retain the best employees, says Mark Hamill, CEO of global search firm SpenglerFox
The "Mad Money" host chatted with Honeywell CEO David Cote about global growth prospects and the U.S. debt crisis.
Cramer shows you where the “rapid rotations” are taking place.
Lim Jit Soon, Head of Equity Research, Southeast Asia, Nomura said he expects the Straits Times Index to be trapped in a range of between 2,600 and 2,900 for the rest of the year as macro headwinds weigh on Singapore's economic outlook.
Ben Elias, Sterne Agee industrials analyst, shares his view on GE's run in December and discusses other industrials, as well.
Renown value investor Whitney Tilson on Tuesday laid out his best value plays.
South Korea's family-run conglomerates are chasing evolution to survive increasing competition from the cheap Asian rivals. The FT reports.