Goldman Bought Venezuela's State Oil Company's Bonds
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Goldman Sachs bought about $2.8 billion in Venezuelan bonds that had been held by the oil-rich country's central bank, a lifeline to President Nicolás Maduro's embattled government.
JBS, Brazilian Prosecutors Move Closer to Settlement Amount for Corruption Charges
The holding company of JBS SA and federal prosecutors in Brazil moved closer toward a settlement amount for corruption charges against the country's largest meatpacker.
U.S. May Extend Ban on Laptops in Airplane Cabins
Homeland Security Secretary John Kelly said he may ban laptops from cabins on all international flights in and out of the U.S. to prevent terrorist attacks in the air.
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Hotels Remove Welcome Mat for Online Travel Agencies
Marriott, Hilton and InterContinental Hotels are using extensive marketing campaigns to claw back business from Expedia and Priceline, which steer customers to hotel properties but also take hefty commissions.
British Airways Faces Second Day of Disruption After Computer Failure
British Airways said a far-reaching computer outage continued to disrupt operations for a second day though the airline planned to operate most services after canceling hundreds of flights Saturday.
Luxury Fashion Brands Start to Sell on China's WeChat App
Tencent Holdings Ltd. is courting luxury fashion brands to WeChat, China's most popular messaging app, potentially opening a new channel in online retail.
The Quest for 10-Minute Pizza Delivery
Domino's Pizza in Brisbane, Australia, is perfecting a pizza delivered in 10 minutes, door to door, in its fight to maintain a competitive edge against mobile tech-fueled food-delivery apps and services.
Why Banks Haven't Been Burned by Retail's Meltdown
As the U.S. retailing industry endures a spike in bankruptcy filings, the companies' bank lenders feel more secure than with downturns in other industries because of the nature of their loans.
SoftBank Carries Bulk of the Risk in World's Biggest Tech Fund
SoftBank's nearly $100 billion Vision Fund is structured so that investors such as Saudi Arabia and Apple gain a measure of protection, while boosting SoftBank's risk-and potential reward.
Rome Court Ruling Allows Uber to Continue Service in Italy
A Rome court issued a ruling Friday that will allow Uber Technologies Inc. to continue providing its car-booking service in Italy, revoking an order to suspend its service in the country earlier this spring.
(END) Dow Jones Newswires
May 28, 2017 23:15 ET (03:15 GMT)