Hotel Properties Ltd., owner of the Four Seasons hotels in Singapore and Bali, jumped the most in almost five years after founding shareholders agreed to buy the stock they don’t own for S$749 million ($597 million).
Okay, fine. You're persuaded that climate change is a problem. So if we can work out the costs and benefits of reducing carbon emissions, we'll be able to decide on the cheapest course of action, right?
Patrol planes are resuming the hunt for Malaysia’s missing jetliner in the Indian Ocean off Australia after an initial foray failed to find objects seen in satellite images that kindled hopes for a breakthrough.
Hellenic Seaplanes S.A., a new airline set to start flying tourists between Greek islands this summer, forecasts that sea-based commercial carriers could generate 1 billion euros ($1.4 billion) in annual revenue as European travelers return to a country emerging from recession.
The Maldives took control of Male international airport from India’s GMR Infrastructure Ltd. last night after a court allowed the island-nation to take over the facility following the cancellation of a contract.
The former president of the Maldives, who says he was ousted at gunpoint in a coup last year, predicts the country will be plunged into violence and political turmoil if he’s prevented from standing in elections.