Sales at Kim Chang-bae's hardware shop in South Korea rise every year thanks to Camp Humphreys, an enormous US military base he is frightened will close in the wake of the summit between Kim Jong Un and Donald Trump. More than 28,000 US troops are stationed in the South to guardRead more »
Qatar is fighting tooth and nail to maintain its position as the top global LNG exporter, as new challengers ramp up efforts to dethrone the country
The deal for Spark could be announced Monday, if not sooner, at a price tag of nearly $5 billion (£3.8 billion), but could still fall through, the Journal said, citing the unidentified sources. Spark's market value was just under $2 billion at Friday's market close. The newspaper reported there
The industrial giant’s fall from grace might make it look like a bargain, but it’s nearly impossible to value the company. Brookfield, on the other hand, is a value investor’s dream.
Northern California utility Pacific Gas & Electric said it won't award $130 million in employee bonuses because of its recent bankruptcy filing, a newspaper reported Saturday. Interim chief executive John Simon cited California's deadly wildfires and the company's precarious financial state
Robert Mueller's team told a judge on Saturday that Paul Manafort "repeatedly and brazenly" broke the law and argued he did not deserve leniency.
Buffett lamented these states of affairs in his widely read annual letter to Berkshire shareholders. Accompanying the letter was more bad news, that sinking stock prices and a big writedown for the company's Kraft Heinz Co investment fuelled a $25.39 billion (£19.4 billion) fourth-quarter net loss
English-American rocker Peter Frampton on Saturday revealed he has a rare degenerative muscular disease that could inhibit his ability to play the guitar, and that his upcoming tour will be his last. The artist, whose 1976 album "Frampton Comes Alive" still reigns as one of the all-time best-selling
Medley Global Advisors' Ben Emons sees low inflation generating a favorable environment for stock market gains from the U.S. to China to Brazil.
One Japanese electric vehicle maker is providing a unique solution as an alternative power source in the case of blackouts caused by natural disasters
American private equity giant KKR is plotting a bid for Walmart's Asda as talks for its merger with British rival Sainsbury falter on competition concerns, The Sunday Times reported. KKR is thought to be working with former Asda boss Tony De Nunzio, now a senior adviser to the buyout firm, the report
The first woman to lead a major US orchestra, Marin Alsop believes that Western classical music -- long seen as a stuffy, elitist club -- can be "a great equaliser" between people of all backgrounds. "Every single human being can access classical music. If you think you can't, it
British designers on Saturday presented fashion collections for two Italian houses at Milan fashion week, with one inspired by shoes as key items, and the other by tiger motifs. Paul Andrew presented Italian fashion label Salvatore Ferragamo's latest collection, just days after being announced as
The recommendation from Mueller, who is investigating Russia's role in the 2016 U.S. election and whether Trump's campaign conspired with Moscow, increases the likelihood that Manafort will spend the rest of his life behind bars. Manafort pleaded guilty in a federal court in Washington last
It can mean decades of struggling when you're older, but there are steps you can take to greatly improve your situation.
Switching to Juul reduced smokers' exposure to cigarette toxins at similar levels to quitting entirely, according to a study Juul presented Saturday at the Society for Research on Nicotine and Tobacco's annual meeting. These are the first clinical data Juul have presented.
A Boeing 767 cargo jet flying en route to Houston from Miami crashed into a marshy bay outside of Houston Saturday afternoon with three people on board, the Federal Aviation Administration said. Local law enforcement said it was unlikely that there are any survivors.
Kraft Heinz discloses investigation by federal regulators and a $15.4 billion write-down on the value of its Oscar Mayer brands
Warren Buffett's company recorded a $25 billion loss in the fourth quarter because of a big drop in the paper value of several of its stock investments. Buffett said Saturday that Berkshire Hathaway's businesses are performing well overall, but it has to record the market value of its stock
Billionaire investor Warren Buffett wrote in an annual letter to shareholders on Saturday that the prospects of landing a mega-deal for his Berkshire Hathaway Inc conglomerate are "not good," while sinking stocks and deteriorating prospects from an investment in Kraft Heinz Co pummeled Berkshire