CK Hutchison Holdings needs a war chest to maintain its fiscal health in the face of escalating geopolitical tensions, its chairman Victor Li Tzar-kuoi has said, with senior managers assuring the US$23 billion deal involving two Panama ports will comply with regulations. At the conglomerate’s annual general meeting on Thursday, Li said that many uncertainties…
A rock climber who fell hundreds of feet descending a steep gully in Washington’s North Cascades mountains survived the fall that killed his three companions, hiked to his car in the dark and then drove to a pay phone to call for help, authorities said Tuesday. The surviving climber, Anton Tselykh, 38, extricated himself from…
Fresh & Ready Foods is voluntarily recalling numerous products, after at least 10 people in the U.S. have been sickened in a listeria outbreak linked to its ready-to-eat food products, federal officials said. The U.S. Food and Drug Administration said Saturday that federal, state and local officials are investigating the outbreak linked to foods produced by the…
The US Senate confirmed long-time China critic David Perdue as the new US ambassador to China on Tuesday, a key role amid escalated bilateral tensions and a high-stakes tariff showdown between the world’s two largest economies. Perdue, 75, a former US senator for the state of Georgia and a veteran business executive, was confirmed in…
US President Donald Trump says there is “a very good chance” of reaching a trade deal with China, even as his own trade envoy acknowledged just hours earlier that no tariff discussions are taking place between Washington and Beijing. “Will we make a deal? There’s a very good chance we’re going to make a deal…