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Costco to pay $335,000 over Clean Air Act violations
Costco WholesaleMonday September 8, 2014 9:50AM ET
Costco Wholesale has agreed to pay $335,000 fine in a settlement with American authorities over alleged Clean Air Act charges.
Sportswear selling its stake in Michael Kors
Michael KorsMonday September 8, 2014 8:20AM ET
Michael Kors founding shareholder, Sportswear Ltd, is to sell its entire stake in the designer clothing and handbags retail business for about $890 million.
Deutsche Telekom: Fixed and mobile networks are becoming one
Deutsche TelekomMonday September 8, 2014 6:45AM ET
Deutsche Telekom is bringing fixed and mobile networks together, making it Germany's first integrated telecommunications provider.
Alibaba to raise more than $21 billion in IPO
AlibabaMonday September 8, 2014 5:10AM ET
Alibaba Group Holding seeks to raise more than $21 billion in an IPO that will value the Chinese e-commerce giant at up to $163 billion and rank as the largest-ever technology debut in the United States.
Russian fish processing facility closes due to lack of fish
Murmansk fish factoryMonday September 8, 2014 3:30AM ET
One of the largest fish processing companies in Russia, Murmansk fish factory, has stopped work due to a lack of raw materials caused by the import ban Russia has placed on many countries.
Rostec, Shenhua to invest $10bn in coal exploration
Shenhua Group CorpMonday September 8, 2014 2:28AM ET
Russian state company Russian Technologies (Rostec) has signed a $10 billion deal with China's state-owned Shenhua Group Corp Ltd, the largest producer of coal in the world, to develop coal deposits in Russia's Siberia and the Far East, Forbes reports.
Shipping lines recorded decline in performance ratings
Shipping linesSaturday September 6, 2014 4:28AM ET
For the first time since February this year, global shipping lines'’s Global Liner Performance report, the drop amounts to almost four percentage points from 75.6 percent in June to 71.6 percent.

 

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