JD.com’s CEO was arrested on allegation of rape: police
The CEO of Chinese online retail giant JD.com Inc, Richard Liu, was arrested in Minneapolis last week following an allegation of rape, according to a public information report released by police on Tuesday.
India soars above global average in hiring female airline pilots
When Shweta Singh wanted to become a pilot in India 20 years ago, she had to first persuade her parents to let her pick an uncommon profession for women, then deal with unwelcoming male colleagues in the cockpit.
Toyota plans to recall 1 million hybrid models over wiring issue
Toyota Motor Corp said on Wednesday it planned to recall around 1.03 million vehicles, including its gasoline-hybrid Prius model, in Japan, North America, Europe and other regions due to an issue with the engine wire harness which can pose a fire risk…
Investa to weigh $2.4 billion bid from Oxford, delays vote on Blackstone offer
Australian office landlord Investa Office Fund said it will study a $2.4 billion takeover bid from Canada’s Oxford Properties Group, an offer that was criticized by rival suitor Blackstone which also threatened to drop its own bid.
Boeing’s KC-46 program completes FAA certification
Boeing Co said on Wednesday its KC-46 mid-air refueling tanker program completed the U.S. Federal Aviation Administration certification, nearly three years after the planemaker commenced testing for the certification.
Stocks fall, dollar up on trade tensions, emerging market woes
Stock markets fell in Asia on Wednesday and the safe-haven dollar hovered near a two-week high as heightened worries over international trade conflicts and emerging market weakness curbed investors’ appetite for riskier assets.
Exclusive: Big Australian fund manager divests Commonwealth Bank over misconduct
Wealth manager Perpetual Ltd said it has divested Commonwealth Bank of Australia from its A$1.3 billion ($933.6 million) ethical fund due to revelations of corporate misconduct, the first big institutional investor to do so.
Canada to stick to guns at NAFTA talks despite Trump pressure
Canada heads into talks in Washington on Wednesday to renew NAFTA determined not to back down on key issues despite threats from U.S. President Donald Trump to retaliate against the Canadian economy unless Ottawa gives ground quickly.
Saudi Aramco to hold joint event with South Korea’s S-Oil at big industry conference
Saudi Arabia’s state-owned oil giant Aramco is teaming up with South Korean refiner S-Oil Corp for a joint reception at this year’s Asia Pacific Petroleum Conference (APPEC) in Singapore, according to two industry sources.
Investa delays vote on Blackstone offer to mull last-minute $2.4 billion bid
Australian office landlord Investa Office Fund said on Wednesday it is adjourning a planned shareholder meeting that was set to vote on a takeover by Blackstone Group while it mulls the attractiveness of a higher rival bid.
