Virgin Australia CEO John Borghetti: China is the future for us

Virgin Australia has launched a play for the lucrative Chinese tourist market, with flights to Hong Kong beginning from Thursday. Virgin Australia CEO John Borghetti told CNBC’s “Squawk Box” on Thursday that Hong Kong was the perfect gateway to...

India and Israel are expanding cooperation. And it’s not just defense deals

Defense ties have long underpinned Indian-Israeli relations, but a string of deals signed this week reflected wider cooperation that could benefit Indian companies seeking advanced technologies and could pave the way for Israeli firms to access millions of consumers....

Cash-strapped LeEco CEO pledges to take all responsibility, repay debts

It’s a big promise for Jia, who founded Beijing-based LeEco. The company was once a tech darling success story, starting with online video streaming before quickly expanding to smartphones and electric vehicles, and even launching in India and the U.S. But the...

SoftBank aims to raise as much as $5 billion via bond issue: Source

Japan’s SoftBank Group is targeting raising between $3 billion and $5 billion through an offering of U.S. dollar bonds, according to a person familiar with the plans. The group has named Morgan Stanley, Bank of America Merrill Lynch and Deutsche Bank as joint...

North Korea’s ICBM test raises stakes on US homeland defense amid ‘gap in capabilities’

“Strategically, we’ve long known it was going to happen,” said Bruce Klingner, a former CIA deputy division chief for the Korean peninsula and national security specialist at the Heritage Foundation, a conservative Washington think-tank. “North...

Big Oil is backing Qatar’s ambitious natural gas expansion

The West’s three biggest energy corporations are lobbying Qatar to take part in a huge expansion of its gas production, handing Doha an unintended but timely boost in its bitter dispute with Gulf Arab neighbors. The chief executives of ExxonMobil, Royal Dutch...