Storied tycoon Li Ka-shing reportedly plans to retire from CK Hutchison by next year

Billionaire Li Ka-shing, nearly 89 years old, plans to retire as chairman of conglomerate CK Hutchison by next year, the Wall Street Journal reported on Tuesday, citing people briefed by the storied businessman. A representative for CK Hutchison, reached by phone, was...

Russian threat to target US aircraft in Syria seen as more ‘bluster’ than real policy change

The U.S. downing of a Syrian government jet over the weekend marks an escalation in the long Syrian conflict, although Russia’s reaction Monday to view U.S. aircraft in the region as legitimate “targets” is seen more as “bluster” than...