Mining tycoon Gina Rinehart has agreed to invest A$500 ($437 million) in partnership with a Chinese company to create one of Australia’s largest dairy farms to meet soaring demand for premium infant formula in China.
The death of a heavily pregnant Malaysian woman in a car crash on Borneo island in July opens a new front in a widening U.S. investigation into defective air bags that has triggered one of the biggest safety recalls in automotive history.
Siemens' CEO said its healthcare unit would remain within the company for the foreseeable future, dismissing speculation about a disposal, which emerged after Siemens announced the legal separation of the business this month.
A judge has ordered Sergio Marchionne, chief executive officer of Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N), to give a deposition in a Georgia lawsuit involving a 4-year-old boy killed in a Jeep fuel-tank fire, the Wall Street Journal reported on Saturday.
