Asia's richest man, Li Ka-shing, aims to buy his way into the global aircraft leasing business as his flagship investment firm holds talks with lessors on building a portfolio of planes, people with direct knowledge of the matter said.
Sectors
Blackstone to sell Burger King locations to franchisee
Blackstone Group LP (BX.N) plans to sell about 260 Burger King Worldwide Inc (BKW.N) locations owned by a unit in the U.S. Midwest to Texas-based fast-food franchisee Houston Foods Inc, Bloomberg reported.
Univision to provide content for DirecTV online service by year end
Hispanic media giant Univision will be a major supplier of content when satellite operator DirecTV (DTV.O) launches an Internet-delivered service aimed at a Hispanic audience, according to two people with knowledge of the agreement.
BlackBerry buys UK mobile technology start-up Movirtu
BlackBerry has acquired a U.K-based mobile technology start-up whose software allows users to have multiple phone numbers on the same device, the Canadian tech firm said on Thursday.
ECB presses Italy to strengthen fiscal position
The European Central Bank pressed Italy on Thursday to further strengthen its fiscal position, arguing that weaker-than-expected economic developments mean the government may miss its current 2014 deficit target.
Latest News
Consumers in China, who represent an increasingly critical pillar of Apple Inc's business, will not be able to buy the new iPhone 6 as part of the first wave of buyers around the world this month.
The addition of a mobile payments service to Apple Inc's next iPhone could help to boost sales of the larger-screen phones and claw back market share lost to mobiles running on Google Inc's Android platform.
Mexico's Grupo Salinas said on Wednesday its chairman will buy out its partner Grupo Televisa's (TLVACPO.MX) 50 percent stake in the country's No. 3 wireless operator Iusacell for $717 million and seek a strategic partner to build up the carrier.
T-Mobile US added 2.75 million customers in August, the largest number of monthly subscriber additions in its history, the carrier announced at a company event on Wednesday.
American Airlines has won regulatory approval to swap flight attendants' paper manuals for lighter Samsung tablets in a change that will save nearly $1 million a year, the company said on Wednesday.
The U.S. dollar held near a six-year peak against the yen early on Thursday and powered to a seven-month high on its New Zealand peer, which fell after the country's central bank said its current level is "unjustified and unsustainable".
Alison LePard, a 19-year-old college sophomore from Wellesley, Massachusetts, says that when she shops for clothes and accessories, her goal is a look that is uniquely hers. So she does a lot of mixing and matching.
U.S. stock index futures were a touch higher on Wednesday, suggesting investors found few reasons to jump back into the market even after a recent string of weakness.
China's economy can avoid an sharp drop in growth, Premier Li Keqiang said on Wednesday as he promised to accelerate China's switch to an economic model driven by science and innovation.
