Seoul / AFP North Korea on Thursday conducted what appeared to be a failed test—its second in a week—of a powerful medium-range missile that experts warn could be deployed as early as next year. South Korean and US military monitors said the missile—believed to be an intermediate-range Musudan—exploded shortly after take-off at around 6:30 am Pyongyang time. The attempted launch ...

  Bloomberg Malaysia Airlines Bhd. said it will use six surplus Airbus Group SE A380 superjumbos to form the core of a fleet of 700-seat jets dedicated to transporting Muslim travelers on the annual Hajj pilgrimage to Mecca. Peter Bellew, the carrier’s chief executive officer, met Airbus’s senior management in Toulouse, France, on Wednesday to hammer out details of the ...

  Bloomberg Nestle SA forecast the slowest full-year sales growth in more than a decade as food companies worldwide struggle against consumer resistance to price increases. Revenue will gain about 3.5 percent on an organic basis in 2016, the Vevey, Switzerland-based maker of Nespresso coffee said in a statement on Thursday, abandoning a goal for an increase of about 4.2 ...