Airbus Ramps Up Services Business With Malaysian Deal
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Airbus said it had taken full control of an Asian plane-repair company, as it and rival Boeing both embark on a push to win a greater share of the lucrative market for servicing airliners.
StanChart Seeks Investors in Power Company at Center of Bribery Probe
A Standard Chartered-controlled Indonesian power-plant maker at the heart of a U.S. Justice Department bribery probe is seeking new investors as it attempts to restructure $195 million in debt and fund a turnaround.
Facebook Sets Goal of a Billion Virtual-Reality Users, Unveils New Headset
Facebook Inc. Chief Executive Mark Zuckerberg announced an ambitious goal of getting a billion people into virtual reality and said he wants to ensure the technology is "a force for good."
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Mantra Agrees to A$1.18 Billion Takeover by France's Accor
Mantra Group said it has agreed to a more than US$900 million cash offer from France's Accor, bringing together the two largest hotels groups in Australia.
iHeart Opens Debt Restructuring Talks With Creditors
IHeartMedia Inc. met with two large creditor groups on Wednesday for the first time since the company first launched multibillion-dollar debt exchange offers in March, according to people familiar with the matter.
Weinstein Co. Considers Delaying Release of 'The Current War'
Weinstein Co.'s challenges continued to pile up following the ouster of co-chairman Harvey Weinstein, with the company reassessing plans for future movie releases and one business partner tightening payment terms for routine work.
Beijing Pushes for a Direct Hand in China's Big Tech Firms
The Chinese government is pushing some of its biggest tech companies-including Tencent, Weibo and a unit of Alibaba-to give the state a stake in them and a direct role in corporate decisions.
Qualcomm Is Fined $773 Million by Taiwan Over Patent Practices
Qualcomm was fined about $773 million by the Taiwanese government, the latest setback as the chip maker defends its patent-licensing business against an international wave of regulatory and legal challenges.
Oculus Vision Is a Long Way From Reality
Mark Zuckerberg has answered the question of whether he is still committed to virtual reality. Other questions remain unanswered.
Retailer J. Jill Cuts Sales Targets
Women's clothing retailer J. Jill painted a bleak picture for its October quarter, blaming sluggish sales and traffic on "product and marketing calendar issues."
(END) Dow Jones Newswires
October 12, 2017 05:15 ET (09:15 GMT)