China's HNA Group to Buy Stake in Virgin Australia -- Update 

Chinese conglomerate HNA Group plans to buy a 13% stake in Virgin Australia Holdings Ltd. for 159 million Australian dollars as part of a strategic alliance that will have the companies start direct flights between China and Australia. (published 0016 GMT)

 
 
Viacom Board Prepares for Fight With Redstones 

Viacom Inc.'s board of directors won't exit without a fight. (published 0027 GMT)

 
 
Sun East Technology (Holdings) Appoints Xia Yuan CEO 

Sun East Technology Ltd. said after trading hours Monday that Leung Cheong has resigned as chief executive officer and that Xia Yuan has been appointed CEO in his place. (published 0024 GMT)

 
 
Digital Domain Holdings to Raise HK$350 Million in Share Issuance 

Digital Domain Holdings Ltd. will raise up to 350 million Hong Kong dollars in a share issuance in order to strengthen its financial base, the company said after trading hours Monday. (published 2356 GMT Monday)

 
 
Asia Coal Expects Loss for Year Ended March to Deepen 

The slowing Chinese economy and "significantly" lower revenue will deal a blow to Asia Coal Ltd. 's full-year results, the company said after trading hours Monday. (published 2349 GMT Monday)

 
 
Fidelity Marked Up Private Tech Shares in April 

The Nasdaq was down slightly in April, but private tech shares outperformed, at least according to Fidelity Investments. (published 2126 GMT Monday)

 
 
Trial Set to Open in Legal Battle Between H-P and Oracle 

Jurors are set to convene on Tuesday to hear opening arguments in a five-year legal battle that centers on Oracle Corp.'s alleged role in the decline of one of the former Hewlett-Packard Co.'s most lucrative products. The lawsuit seeks $3 billion in damages from the database kingpin. (published 2022 GMT Monday)

 
 
 

(END) Dow Jones Newswires

May 30, 2016 21:00 ET (01:00 GMT)

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