A.P. Moeller-Maersk A/S Chief Executive Officer Nils Smedegaard Andersen said he’ll be forced to prolong cost cuts at the world’s biggest container line as a policy of capacity restraint fails to lift shipping rates.
North Korean leader Kim Jong Un’s top military deputy met with a senior Communist Party official in China as ties between the allies showed strain over the North’s nuclear ambitions and the seizure of a fishing boat.
Nestle SA, General Electric Co and Berkshire Hathaway Inc are among firms poised to benefit from a consumer-lead “revival” in emerging markets, said Abbas Zuaiter, co-founder of Zuaiter Capital Holdings and former chief operating officer of George Soros’s family office.
Coca-Cola Femsa SAB, Comision Federal de Electricidad, Grupo Financiero Inbursa SAB, Grupo Famsa SAB and Kimberly-Clark de Mexico SAB are among issuers that plan to sell bonds in Mexico’s debt markets.