Sectors
GE plans stake sale in two South Korean finance JVs
General Electric Co is planning to divest stakes in its joint venture auto-financing and credit card businesses in South Korea, people familiar with the matter told Reuters, as the U.S. conglomerate continues to trim its exposure to the financial services sector.
Hiring business drives LinkedIn's revenue beat
Corporate networking site LinkedIn Corp (LNKD.N) reported better-than-expected quarterly profit and revenue as more businesses used its services to hire staff.
At Brazil auto show, industry wonders if it can get any worse
Automakers in Brazil are facing the sharpest slowdown since 1999 and it could be a year or more before things turn the corner.
As deflation deadline nears, BOJ faces prospect of failure
With just five months left before Governor Haruhiko Kuroda's self-imposed deadline for banishing deflation, the Bank of Japan is preparing for failure, and the first casualty could be its facade of board unity.