China's LexinFintech Shrinks IPO Fundraising Goal 
 

LexinFintech, a Chinese online lender planning to go public in the U.S., has scaled back its fundraising ambitions after regulatory changes in China sparked a rout in the shares of other online lenders, according to people familiar with the matter.

 
U.S., Japan Express Concern Over China's Interest in Saudi Oil Giant 
 

The U.S. and Japan have urged Saudi Arabia to pursue an international listing for oil giant Aramco, fearing the possible sale of a stake to China would give Beijing too much sway in the Middle East.

 
Apple Invests in Face ID Tech Maker Finisar 
 

Apple is awarding one of its key suppliers $390 million as part of its effort to fund domestic technology manufacturers.

 
Spirit Airlines CFO to Take Top Job in 2019 
 

Spirit Airlines Inc. said Wednesday chief financial officer Ted Christie will take over as chief executive officer in 2019, replacing the company's current leader, Bob Fornaro.

 
Google Seeks Path Back to China With AI Lab 
 

Search giant Google opened an artificial-intelligence lab in Beijing in a bid to attract China's tech prodigies and strengthen its standing in the restrictive market.

 
Toyota Sees Half of Sales Coming From Hybrids, EVs 
 

Toyota's president became the latest auto chief to offer ambitious targets for hybrid and electric vehicles, saying the category would make up half of Toyota's global sales by 2030.

 
Will Regulators Penalize Fox-Disney Deal Over Sports? 
 

With viewers turning to streaming video, sports has come to dominate traditional TV. That's one reason behind a potential 21st Century Fox--Disney deal. And it's one reason why regulators could frown on such an agreement.

 
Zara's Shrinking Profit Margins Expose a Fashion Behemoth 
 

Shrinking profit margins at the parent company of Zara have exposed a weakness in the armor of a fashion behemoth that has largely resisted the headwinds battering the industry.

 
Toshiba, Western Digital Make Peace 
 

A battle of multibillion-dollar investments in the memory-chip business is set to accelerate after Toshiba and Western Digital patched up their differences to take on Samsung Electronics.

 
Sears Extends Debt, Eyes New Borrowing 
 

Sears Holdings extended the terms of a $400 million loan while announcing a new planned borrowing to cover pension contributions

(END) Dow Jones Newswires

December 13, 2017 11:00 ET (16:00 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.