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Canada's Couche-Tard makes short-list in $16 billion Sinopec unit sale: sources

HONG KONG/BEIJING - Canadian retailer Alimentation Couche-Tard Inc and China's Tencent Holdings Ltd are among suitors short-listed to buy a $16 billion minority stake in China's Sinopec Sales, the world's largest fuel retail network, people familiar with the matter told Reuters.

Recent Business News

NHTSA unveils new recall search tool

WASHINGTON - U.S. auto safety regulators on Wednesday unveiled a more precise way for vehicle owners to search online to find out if their cars or motorcycles have been recalled by the manufacturer.

12:04am EDT

More Bombardier executive reshuffling as CSeries still grounded

TORONTO - Another Bombardier Inc commercial aircraft executive has left the company, the plane and train maker confirmed on Tuesday, the latest move following a major restructuring announcement last month involving its aerospace division.

19 Aug 2014

Top policymaker could be tapped to lead Malaysia Airlines: report

KUALA LUMPUR - Malaysia is considering tapping one of its top economic policymakers to lead an overhaul of Malaysia Airlines that aims to transform the troubled carrier into a "premium airline", a newspaper reported on Wednesday.

19 Aug 2014

China fines 12 Japanese firms $201 million for price-fixing

BEIJING - China's anti-monopoly regulator said on Wednesday it has ordered 12 Japanese auto part and bearings makers to pay fines totaling 1.24 billion yuan ($201.80 million) for manipulating prices.

Japan export rebound offers hope for economic growth

TOKYO - Japan's exports rose in July for the first time in three months in a tentative sign that overseas demand is starting to recover, which could raise hopes that exports can offset a slump in consumer spending.

19 Aug 2014

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