Melissa Xu

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China Logistics Entrepreneur Zhou Guohui Joins Ranks Of World's Billionaires

Zhou Guohui, chairman of logistics services company Eternal Asia Supply Chain Management, has joined the ranks of the world’s billionaires after its Shenzhen shares more than doubled in the past 12 months amid brisk industry growth in China.<p>Zhou owned a 39% stake worth $1 billion yesterday, after …

China

Ingrid Bergman shines once again in spellbinding documentary

Last spring, Ingrid Bergman's face loomed large over the Cannes Film Festival on billboards that marked the centennial of the remarkable actress. <i>Ingrid Bergman in Her Own Words</i> is another such commemoration.<p>In Stig Björkman's documentary, the late silver-screen icon makes her first visit to the …

Oil price rebound helps to lift stock market

Stocks made big gains on Monday with some help from an unlikely source these days: the energy industry.<p>Oil prices, which have cratered by around 50% …

Stock Markets

Apple planning to sell up to $6.5bn of bonds in another large sale

US technology company has used proceeds of previous sales to pay dividends to investors and increase its share buybacks<p>Apple is planning another large bond sale at a time when investors are paying near record premiums for high-quality bonds.<p>The US technology company will sell a combination of bonds …

Apple Store

The NYSE has suspended trading in RadioShack

The release says the NYSE will suspend trading immediately in shares of RadioShack, and says, "The decision was reached in view of the fact that the Company does not intend to submit a business plan," to address its noncompliance with the NYSE's continued listing standards.<p>RadioShack might have a …

Wall Street