U.S., China Funds Land Asian Energy Giant Equis
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Private-equity firm Global Infrastructure Partners, China's sovereign-wealth fund and one of the largest Canadian pension investment managers have agreed to buy Equis Energy in a $3.7 billion deal.
Toyota Scales Back Mexico Production Plans
Toyota said it would halve its initial production target for Tacoma pickup trucks at its plant in Guanajuato, Mexico. It also plans to expand a revamped manufacturing process to include light trucks.
Nintendo to Release 'Animal Crossing' on Smartphone
Nintendo will introduce a smartphone version of its "Animal Crossing" game, a move that could expand profit from its mobile business.
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Lumber Liquidators Near Settlement in Class-Action Suit
Lumber Liquidators Holdings moved closer Tuesday to resolve class-action lawsuits concerning the safety of Chinese-made flooring that has tangled the company in litigation for over two years.
Spending, Charge-Offs Lead to Mixed Picture for Capital One, Discover
Credit-card issuers Discover Financial Services and Capital One Financial Corp. reported that rising interest rates helped results in the third quarter as consumers took on more debt.
Lufthansa Profit Falls but Beats Forecasts
Lufthansa reported a 17% drop in third-quarter net profit, hit by rising costs but the figure still topped forecasts.
SEB Commits to Sweden
SEB said it will remain based in Sweden following peer Nordea's recent decision to move its headquarters to Finland to take advantage of less stringent regulation.
América Móvil Swings to Loss on Currency Issues, Natural Disasters
Telecommunications company América Móvil said it posted a third-quarter net loss as revenue weakened partly due to natural disasters in Mexico and Puerto Rico.
Toys 'R' Us Smooths Over Troubles With Vendors
Toys 'R' Us Inc. says it is business as usual with the toy suppliers that helped push the troubled retailer into bankruptcy in September.
Express Scripts Names Havel as Finance Chief
Pharmacy-benefit manager Express Scripts Holding Co. has named veteran finance executive James Havel to serve as its finance chief, returning him to a role he held on an interim basis two years ago.
(END) Dow Jones Newswires
October 25, 2017 05:15 ET (09:15 GMT)