The Italian luxury goods retailer saw net profit fall 28% as sales slumped in major markets of China and Europe.
Five joint industrial companies are announced while counter-terrorism cooperation deepens. Europe,Middle East,Abdelaziz Bouteflika,Algeria,Italy,Michael Lerner
Shareholders approved the merger, but it still needs regulatory approval.
After the merger is completed, Dow shareholders will hold about 50.5% of Olin.
The South African hotel chain said its objective is to create a group with fewer, larger, quality assets.
Ethiopia is building Africa's biggest dam and has plans for an airport the size of Heathrow.
The incumbent president tries to quickly end a fuel shortage that the opposition is using to bash him.
An agreement aims to further boost trade between the U.S. and East Africa, already up 52% in 2014.
Agropecuaria RHC caused "grave and irreversible" environmental harm to the swamp ecosystem.
The nutritional and economic benefits from GMO use could be substantial, but the issue is controversial.
Protests on the national holiday celebrating the expropriation of the petroleum industry from foreigners.
Walmart de Mexico aims to double its business over the next 10 years through expansion and same-store sales growth.
The order will boost the aircraft maker's 787 program backlog to 855 planes.
A FTA with South Korea, and a new daily direct flight between Beijing and Auckland.
Business Editor Michael Lerner digs into how erstwhile enemies Vietnam and Australia are warming relations -- and leaving Canada in the cold.
The Japanese e-commerce giant looks to enter the American ebook market with this purchase.
14 European nations signed the world's first treaty to fight this scourge that nets $1bn annual profits.
Airbus inherited its holding more than a decade ago from the French government.
A newly formed Norwegian-Swedish company has 15 wind farms across Scandinavia planned.
China National Chemical to buy the Italian tire-maker in a deal which values the firm at €7.1B.
If Alfa’s bid is successful, it would effectively take control of Turkcell, the top Turkish telecoms player.
Turkey hopes it can turn disdain for traditional banks among the pious into a boom in Islamic finance.
With free trade, nuclear power, and industrial zone deals, Russia draws Egypt away from U.S. dependency.
Work begins on a desalination plant in Morocco, one of many large infrastructure projects to come.
Blouin News finds that cannabis legalization must be followed with specific regulations and sensible taxes.
The Federal Communications Commission and Justice Department are still reviewing the deal.
The combined company, to be led by Heinz CEO Bernardo Hees, will have revenue of about $28 billion.
Centerbridge won by agreeing to pay the equivalent of more than ten times Great Wolf's annual EBITDA.