DP World Warns of Challenging Times for Global Trade 

DP World has warned of difficult times ahead for global trade after growth in container volumes handled by its global network of ports slowed sharply last year despite improved activity in Europe and the United Arab Emirates.

 
Anglo American Platinum Pushed to Loss by Write-Downs 

Anglo American Platinum said that impairments and restructuring costs pushed it to a net loss in 2015 as the world's top producer of the precious metal battles low platinum prices.

 
Credit Suisse CEO Asks Board to Cut His Bonus After Weak Results 

The CEO of Credit Suisse has asked his board to slash his bonus, after the Swiss bank posted quarterly results that sent its share price tumbling lower.

 
Airbus Switches Engine Type for First A321neo Flight 

Airbus Group has dropped plans to use engines made by Pratt & Whitney for the maiden flight of the A321neo aircraft in favor of ones manufactured by CFM International.

 
Ford to More Than Double Mexico Production Capacity in 2018 

Ford Motor Co. will build a new assembly plant in Mexico and sharply increase Mexican factory output, representing the latest shift of investment abroad by a Detroit auto maker after the signing of a costly labor deal.

 
Asciano Bidding Heats Up 

A bidding war worth more than $6 billion is intensifying between a Canadian investment firm and an Australian logistics company for port-and-rail operator Asciano.

 
Thailand's TCC in $3.46 Billion Deal for Groupe Casino's Big C Stake 

Groupe Casino has agreed to sell its stake in Thai hypermarket operator Big C Supercenter for $3.46 billion to a Thai billionaire, marking a major step in the French grocer's plans to cut its debt.

 
Toshiba Faces Tight Deadline for Restructuring Plan 

Troubled electronics maker Toshiba is facing a tight deadline for mapping out a restructuring plan that has been made more difficult by the ambiguous role of the Japanese government.

 
Cliffs Natural Resources to Settle Securities Lawsuit 

Cliffs Natural Resources on Sunday said it agreed to settle a pending federal securities lawsuit related to the company's former Bloom Lake iron-ore mine in Canada for $84 million.

 
Two Workers Killed, Eight Injured in Pemex Platform Fire 

A fire at an offshore platform run by PetrĂ³leos Mexicanos killed two workers and injured eight, the Mexican state oil company said.

 

(END) Dow Jones Newswires

February 08, 2016 05:58 ET (10:58 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.