ISTANBUL Turkish businessman Tekin Acar had contracts to open branches of his leading cosmetics chain in ten new shopping malls this year. A few days ago he canceled nine of them after sharp falls in the lira meant he would struggle to afford the rents.
PARIS/DAVOS, Switzerland For the last year, Sanofi's chief executive has made clear his quest for deals to help revive the fortunes of France's biggest drugmaker.
MOSCOW At a televised debate about Russia's healthcare system last year, a young doctor asked President Vladimir Putin why so many senior officials sought medical treatment abroad - and if the president was one of them. Putin replied he was not. | Video
NEW YORK Investors are starting to sour on the idea of reimbursing hedge funds for multi-million dollar trader bonuses, lavish marketing dinners and trophy office space.
San Antonio, Texas In late 2013, a San Antonio police officer stood accused of handcuffing a woman in the rear of his police car and then raping her. The same officer had remained on the force despite prior sexual misconduct complaints and other brushes with the law.
In April 2015, a sworn statement submitted in a Nevada lawsuit between rival casino moguls Steve Wynn and Japan's Kazuo Okada contained an unusual assertion. Its author said Wynn's head of security had asked to meet him in Japan and then persuaded him to travel to the United States to talk to federal agents pursuing a different matter: a criminal bribery probe into Okada.
ALBA, Italy The $44 billion palm oil industry, under pressure in Europe after authorities listed the edible oil as a cancer risk, has found a vocal ally in the food sector: the maker of Nutella. | Video
TORONTO Canada's subprime mortgage providers are increasingly teaming up with unregulated rivals to sidestep rules designed to clamp down on risky lending.
NEW YORK/WASHINGTON Some U.S. companies are reviewing potential mergers while others are rethinking job cuts or looking at their manufacturing operations in China for fear of being cast as "anti-American" by President-elect Donald Trump, according to Wall Street bankers, company executives and crisis management consultants.
SEOUL Samsung Electronics Co's sponsorship of the equestrian-athlete daughter of a long-time friend of President Park Geun-hye has helped to land South Korea's top company in the center of the country's influence-peddling scandal.
WASHINGTON U.S. President Donald Trump formally withdrew the United States from the Trans-Pacific Partnership trade deal on Monday, distancing America from its Asian allies, as China's influence in the region rises. | Video