The founder of Greek tanker operator Tsakos Energy Navigation and his wife, high-fashion designer Celia Kritharioti, are successful entrepreneurs in very different fields. (WSJ)
The European Union agreed to extend Brexit until Jan. 31. (WSJ)
The United Auto Workers union ended its nationwide strike at General Motors Co. after workers approving a new four-year agreement. (WSJ)
Indonesian investigators blamed Boeing Co.’s design and inadequate U.S. safety oversight, along with lax maintenance and poor piloting skills, for a Lion Air 737 MAX fatal crash. (WSJ)
The parent of retailer Sears has hired investment bankers for potential asset sales, including the DieHard brand. (WSJ)
British police arrested three people on suspicion of manslaughter in the deaths of 39 people found in a refrigerated trailer. (WSJ)
China set up a $28.9 billion fund to nurture its domestic semiconductor industry and close the technology gap with the U.S. (WSJ)
LVMH Moët Hennessy Louis Vuitton SE is bidding to take over Tiffany & Co. (WSJ)
Brazilian iron-ore miner Vale SA’s third quarter profit jumped to $1.65 billion as production increased. (WSJ)
Slowing sales in major markets and higher commodity costs cut into Anheuser-Busch InBev SA’s third-quarter earnings. (WSJ)
Target Corp. will double the number of employees fulfilling online orders in stores during the holiday period. (Minneapolis Star-Tribune)
The London Metal Exchange says it will allow listings for small “artisanal” miners despite concerns over child labor. (Financial Times)
The U.S. suspended sanctions on tankers operated by a unit of Cosco Shipping Holdings Ltd. so they can unload their cargoes. (Reuters)
The Baltic Exchange is considering ending its centuries-old practice of freely supplying data as part of membership of the London bourse. (Lloyd’s List)
A Cosco Shipping Holdings unit will work with German developers to build a large container terminal north of Dusseldorf. (Port Technology)
Maritime technology provider Wartsila's third-quarter profit fell to nothing as on faltering sales of engine-exhaust scrubbers. (TradeWinds)
Unionized workers are weighing a strike at the U.K.’s Royal Mail during the peak holiday shopping period. (Logistics Manager)
Amazon.com Inc. is placing a distribution center on a 200-acre site outside Buffalo, N.Y. (WCDA)
British food-delivery startup Deliveroo raised compensation for co-founder Will Shu nearly 57% last year despite widening losses. (The Guardian)
|