Malaysia stepped up efforts to locate a jet that may have crashed in the Gulf of Thailand, focusing on oil slicks and two passengers who used stolen passports, with officials examining television footage.
Malaysian Airline System Bhd. Chief Executive Officer Ahmad Jauhari Yahya was hired less than three years ago to steer the carrier into profitability. His mission has gotten harder as the national carrier hunts for a lost plane carrying 239 people.
Treasuries fell for a fourth day, while oil and the dollar rose after stronger-than-forecast jobs growth fueled optimism in the American economy. U.S. stocks were little changed as Russia said it may cut Ukraine’s gas supplies.
In less than a decade, Marco Dunand and Daniel Jaeggi have turned a 10-person company supplying oil to a pair of Polish refineries into the world’s fourth-largest commodity trader with revenue topping $100 billion last year.
Palm oil climbed to the highest level since September 2012 on concern that a prolonged dry spell in Malaysia and Indonesia, the biggest growers, may reduce supplies of the world’s most-used cooking oil.
Asian currencies had the best week since September 2012, led by Indonesia’s rupiah and India’s rupee, as signs the U.S. economic recovery is losing pace fueled speculation the Federal Reserve will slow further stimulus cuts.