Sears Holdings files for Chapter 11 bankruptcy

Source: Dukascopy Bank SA
On Monday, the iconic US retailer Sears Holdings announced filing for the Chapter 11 bankruptcy, as the company has withered in the era of online shopping.
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Mon, 15 Oct 2018 06:39:52 GMT

China's Huarong ex-chairman expelled from Communist Party amid graft

China's ruling Communist Party has expelled the China Huarong Asset Management's former chairman Lai Xiaomin from the party due to suspected graft.

Mon, 15 Oct 2018 04:55:57 GMT

Harris and L3 Technologies sign all-stock merger deal

Harris and L3 Technologies, the communication equipment providers, have signed an all-stock merger deal on Sunday, creating the sixth-biggest defence contractor in the United States worth $34B.

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