China’s planned economic reforms are poised to reshape the competitive landscape, allowing private companies such as Alibaba Group Holding Ltd. to compete with state-owned banks and easing the one-child policy to bolster demand for products from Nestle SA to General Motors Co.
DuPont Co. deserves more than $919 million in damages from South Korea’s Kolon Industries Inc. over the theft of trade secrets involving DuPont’s Kevlar-brand fiber, used in protective clothing for police and the military, a jury ruled.
Mondelez International Inc., the snacks company separated from Kraft Foods Inc. last year, said it received a notice from an Indian government agency looking into tax payments by a factory for its Cadbury business.
Kraft Foods Inc., the food manufacturer spinning off its grocery business later this year, will change its name to Mondelez International Inc. after the split as it seeks a new identity as a global snacks company.
Warren Buffett ’s Berkshire Hathaway Inc. sold stakes in U.S. financial firms and cut stock holdings in some of the country’s biggest companies as the billionaire chairman seeks takeovers and looks abroad for growth.