The chairman of China's biggest conglomerate recently predicted that a new $5.5-billion Disney theme park opening in Shanghai next month would fail, citing a lack of innovation with intellectual properties and characters.
Gearing up for a battle for control of media company Viacom, board members on Monday took the unusual step of vowing to fight an expected campaign by Sumner Redstone and his family to shake up the board.
Profit at Volkswagen AG's namesake brand crumbled 86 percent in the first quarter, highlighting the challenge the carmaker faces in emerging from the nearly nine-month-old emissions cheating scandal.
NEW DELHI - A fire broke out at a major ammunitions depot in western India early Tuesday, causing fatalities, officials said. Local news reports said at least 17 army personnel were killed in the blaze.
Uber's ride-sharing service, UberPool, is now available in a larger patch of London. Whereas before it was limited to a small part of the capital, it now spans all of zone one and zone two, as well as Heathrow Airport.