Global Logistic Properties to Buy 200 U.S. Warehouses For $4.6 Billion

Global Logistic Properties, a warehouse owner part-owned by Singapore's sovereign-wealth fund, said Tuesday it is acquiring about 200 U.S. warehouses for $4.6 billion in one of the largest real estate deals of the year. (published 0002 GMT)

 
 
Microsoft Hopes Sneak Peeks of Windows 10 Will Pay Off

Microsoft Corp.'s last version of Windows put off business customers, its most important constituency. With a new edition of its operating software scheduled to launch on Wednesday, the company looks set to benefit from a long, hard effort to rebuild corporate goodwill. (published 0042 GMT)

 
 
SunPower Boosts Full-Year Ebitda View After Strong Demand in 2nd Quarter

SunPower Corp. said its commercial segment exceeded its bookings target and its residential segment posted "very strong" demand in the second quarter. (published 0028 GMT)

 
 
Air China to Raise Up to CNY12 Billion in Private Share Placement

Air China Ltd. plans to raise up to 12 billion yuan in a private share placement in China to fund the purchase of Boeing aircraft and strengthen its e-commerce services. (published 0020 GMT)

 
 
Virgin Australia Annual Net Loss Shrinks As Competition Eases

Virgin Australia Holdings Ltd. reported a narrower full-year loss, helped by an easing of competition with its bigger rival Qantas Airways Ltd. and cheaper jet fuel. (published 0036 GMT)

 
 
Landsea Green Properties to Post Significant Rise in 1H Profit

Landsea Green Properties Co. expects to post at least a 30% increase in first-half profit compared with the 127.3 million yuan it recorded a year earlier. (published 0026 GMT)

 
 
Beach Energy Forecasts Drop in Spending, Production

Beach Energy Ltd. has forecast a drop in oil and gas output in the year ahead, as it cuts back on exploration and development spending in an effort to preserve cash and counter lower oil prices. (published 2358 GMT Tuesday)

 
 
NAB Sells Great Western Bank at Loss to Book Value

National Australia Bank Ltd. has forecast a loss on the sale of regional U.S. lender Great Western Bancorp Inc., although the exit will bolster its capital levels. (published 2317 GMT Tuesday)

 
 
NantKwest Gives Biotech Another Big IPO

These days, a biotech company doesn't need an approved drug to be worth several billion dollars. (published 2315 GMT Tuesday)

 
 
Citrix Systems CEO Mark Templeton to Retire -- 2nd Update

Citrix Systems Inc. said Chief Executive Mark Templeton planned to retire after two decades at the software maker, which announced a series of leadership and potential structural changes in the wake of pressure from investor Elliott Management Corp. (published 0027 GMT)

 
 
HNA International Names Zhao Quan as Chairman With Immediate Effect

HNA International Investment Holdings Ltd. said after the market closed Tuesday that it had appointed Zhao Quan as chairman of the Hong Kong-listed company, with immediate effect. (published 0025 GMT)

 
 
P&G Names David Taylor as CEO

Serena Ng, Joann S. Lublin and Ellen (published 2345 GMT Tuesday)