Harbour Centre Development Ltd., controlled by the family of billionaire Peter Woo, bought a former government office tower in Hong Kong’s city center for HK$4.4 billion ($568 million) for conversion into a hotel.
Marco Polo Seatrade BV reached an agreement with creditors Credit Agricole SA and Royal Bank of Scotland Group Plc to use its cash collateral amid criticism from the banks that it wrongly filed for bankruptcy in New York.
BP Plc, the largest leaseholder in the deepwater Gulf of Mexico, shut in oil and gas output and other companies curbed energy production and refinery operations as Tropical Storm Karen whirled toward the U.S. coast.
Anadarko Petroleum Corp. and Exxon Mobil Corp. curbed production in the Gulf of Mexico and other energy companies evacuated workers from platforms and pipelines as Tropical Storm Karen triggered a hurricane watch.
Rhubarb originated in China, and Marco Polo prized the plant enough to list it in his will. Uzbeks wash their infants’ hair with basil to make it thicker. Italians in Modena like to drizzle 25-year-old balsamic vinegar on their gelato.