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.
SINGAPORE/TOKYO Asian shares recovered from a wobbly start on Tuesday, but remained on track for a monthly loss, while the dollar edged away from recent peaks scaled on expectations the U.S.
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.
Globalfoundries Inc., one of the largest contract manufacturers of semiconductors, is forming a joint venture with the government of Chongqing to get greater access to the Chinese chip market.
Analysts are once again raising their oil price forecasts, in a reflection of falling concerns over the glut in crude supply. That takes pressure off members of the Organization of the Petroleum Exporting Countries as they meet on Thursday, following ...