After Mr Rui was detained, Chinese state media reported that he had been arrested on corruption charges, and that Pegasus was ensnared in the corruption case against him. Pegasus's Beijing offices ...

RBS, which was bailed out by the UK government in 2008, has turned to Japanese acquirers in the past to unload its non-core assets. In 2012, SMFG bought its aviation finance business for $7.3bn. MUFG ...

Shares in Neway Valve rose sharply on Friday after the Suzhou-based group raised $240m from a Shanghai listing, marking the end of a regulator-forced freeze in the primary market. Trading was briefly ...

Since midnight, the place has been filling up with rally cars which, in accordance with the race rules, were all built between 1955 and 1980. Tavares is still pumped with energy after the four-day, 2, ...

On January 26 Yan Jiehe, China's seventh richest man with a fortune estimated at $14.2bn, acquired another claim to fame. After telling the Financial Times that he intended to sue six local ...

Militants of the Islamic State of Iraq and the Levant (Isis) kidnapped dozens of men, women and children from Syria's Assyrian Christian minority in a surprise attack, activists said, with dozens more ...

Regulators are probing whether a Hong Kong-based company linked to the former chairman of ENRC is involved with a hostile takeover of Britain's biggest luxury car dealer HR Owen. On Thursday Berjaya ...

The United Arab Emirates has stopped using dozens of British nationals serving as trainers in its armed forces as the Gulf ...

Prominent backers are being asked to "double up" on past contributions as the Tories seek at least £26m to fund their ...

Jordan said on Thursday afternoon that it had received no word that a pilot captured by the Islamic State of Iraq and the Levant (Isis) was safe. Amman said it would only proceed with a proposed ...

Doug McMillon, who is to succeed Mike Duke as chief executive of Walmart on February 1 after four years as head of its international operations, began his career in the company as an 18-year-old ...

The US commodities watchdog has subpoenaed companies including Goldman Sachs, JPMorgan Chase and Glencore as it ramps up its probe into the metals warehousing industry. The subpoenas come amid a ...