Petróleo Brasileiro SA (PETR4.SA) has hired JPMorgan Chase & Co to handle $3 billion in planned asset sales this year, as fallout from a corruption scandal has shut access to financing for Brazil's state-controlled oil producer, two sources with direct knowledge of the situation said on Wednesday.
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Malaysia's AirAsia X to cut costs, may defer plane deliveries: Acting CEO
Malaysia's AirAsia X Bhd (AIRX.KL) will cut flights on unprofitable routes, reorganize staff and defer some aircraft deliveries to turn around the loss-making long-haul budget carrier, the airline's acting chief executive said on Wednesday.
Emirates airline urges U.S. to ignore subsidy claims
The head of Dubai's Emirates has hit back at U.S. airlines in an increasingly bitter subsidy spat and urged Washington to block their calls to renegotiate Open Skies agreements.
Nickelodeon unveils paid streaming service for kids
Viacom Inc's Nickelodeon unveiled on Wednesday a paid streaming service for children called Noggin that will launch on March 5 for $5.99 a month.
Sky Sports lands four-year deal for MLS broadcast rights
Sky Sports has agreed to a four-year deal to broadcast live Major League Soccer, the British broadcaster and North American league said on Wednesday.
Latest News
China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance.
The S&P 500 closed down and the Nasdaq snapped a 10-session winning streak on Wednesday as investors took profits in Apple shares, while the Dow eked out another record high close.
GoPro is about to introduce the newest of their Hero series, the GoPro Hero 5. Release dates, price and specs are rumored to upstage the Hero 4 Black and Silver.
Gossip Girl was a big hit few years ago. Many of the show's fans are actually dreaming of seeing the cast once again. It came true actually. Read on for more juicy details.
With Teresa Giudice behind bars and Joe taking over the family finances, Teresa can do nothing as she watches Joe struggling financially. What can a mother behind bars do?
'Sleepy Hollow' Season 3 renewal may not be happening. Cancellation of the show's third season may be pushed due to low ratings and inconsistent direction.
Divorce rumors on Faith Hill and Tim McGraw never stops as they appear at the Oscars 2015. The couple's actions made their fans wonder how's their relationship. It looks like it was a forced interaction and they are just pretending to be lovers to avoid controversy.
Teen Mom returns to MTV in March. Farrah Abraham is set to make a comeback, but why are her co-stars so horrified over her return?
Convicted last 2013, Jodi Arias remained consisted to her statements that she killed Travis Alexander for self-defense though jury didn't accept them. Verdict to broadcast live on TV.
