Top Spring's Controlling Shareholder Trims Stake for HK$1.24 Billion
Top Spring International Holdings Ltd.'s controlling shareholder
has sold part of its stake to a unit of Yun Nan Metropolitan
Construction Investment Group Co. for around 1.24 billion Hong Kong
dollars . (published 0034 GMT)
Caterpillar To End Outsourcing Deal With Navistar and Build Own Dump Trucks
Caterpillar Inc. plans to begin building its own line of dump
trucks at a plant in Texas and wind down an existing arrangement it
has with Navistar International Corp. to build the trucks, a person
familiar with the matter said. (published 0049 GMT)
China Shipping Container Lines Gets CNY127-Million Subsidy From Government
China Shipping Container Lines Ltd. has received a government
subsidy of 127 million yuan for the retirement of older vessels.
(published 0036 GMT)
Silver Base Group to Raise HK$362 Million via Share Placement
Silver Base Group Holdings Ltd. is planning to raise 362 million
Hong Kong dollars via a share placement to repay debt and fund
business development. (published 0053 GMT)
ITC Properties to Buy Commercial Property for HK$800 Million
ITC Properties Group Ltd. said Tuesday it has agreed to buy a
commercial property in Hong Kong for around 800 million Hong Kong
dollars in a bid to boost its real-estate portfolio. (published
0014 GMT)
CT Environmental Group Expects Sharp Rise in 1H Net Profit
CT Environmental Group Ltd. is expected to post at least a 50%
rise in its first-half net profit partly thanks to contribution
from its newly acquired projects. (published 0008 GMT)
Workers at Google Express Bay Area Warehouse Take Step to Unionize
A group of 140 warehouse workers at a Google Express facility in
the San Francisco Bay Area have taken the first step toward
unionizing. (published 0035 GMT)
Blackstone Quickly Replaces Departing Finance Chief
When Blackstone Group LP's top executives learned last week that
they were losing their longtime chief financial officer, they
eschewed a lengthy search and went with one of their most-tenured
deal makers. (published 0046 GMT)
Tian Ge Interactive CFO Keung Paul Hinsum to Resign Effective July 31
Tian Ge Interactive Holdings Ltd. after market close Monday said
that chief financial officer Keung Paul Hinsum has resigned from
the position, effective July 31. (published 2356 GMT Monday)
Microsoft Changes Its Script With Free Windows 10
New versions of Windows have usually sparked sales of personal
computers, but it isn't clear whether Microsoft Corp.'s release of
Windows 10 on Wednesday can reverse a four-year slide in PC sales.
(published 2346 GMT Monday)
Southwestern Energy Swings to a Loss
Southwestern Energy Co. swung to a loss as it posted a $1.5
billion pretax impairment charge and prices fell for oil, gas and
natural-gas liquids. (published 2335 GMT Monday)
NAB Moves to Sell Remaining Stake in Great Western Bank
National Australia Bank Ltd. has moved to sell its remaining
stake in regional U.S. lender Great Western Bancorp Inc. as it
refocuses on its core Australian and New Zealand franchises.
(published 2241 GMT Monday)