Shalini Gupta became so disgusted with news of gang rapes and corruption scandals in India that she left her job as a management trainer in Chicago and returned to her homeland after three decades of living overseas.
China’s relaxation of interest-rate controls has left cutting banks’ required reserves as the chief monetary tool to counter a slowdown, focusing attention on an option used in the past decade only during financial crises.
Jason Atherton plans to open his first restaurant in the City of London financial district on May 1 and says he is keen to avoid the tag of celebrity chef even as his international dining empire rapidly expands.
Asian stocks fell after an unexpected drop in U.S. home sales signaled a housing recovery in the world’s largest economy is running out of steam, while investors weighed better-than-estimated earnings from Apple Inc. and Facebook Inc.
Forbes Media LLC’s effort to find a buyer is running into trouble, with one potential bidder officially out of the running and two others no longer in active talks, people with knowledge of the matter said.
President Barack Obama warned China the U.S. would protect East China Sea islands administered by Japan and urged the two countries to peacefully resolve a territorial dispute that has raised tensions across Asia.
U.K. billionaire Richard Branson’s Virgin Atlantic Airways Ltd. still isn’t sure whether it will ever fly the world’s largest passenger plane as it prepares for delivery of its first Boeing Co. 787 Dreamliners.