Bloomberg A consortium that includes CNIC Corp and GIC Pte are nearing a deal with China Three Gorges Corp for a 25% stake in its overseas asset portfolio that could be valued at as much as $2 billion, according to people familiar with the matter. The group could reach a deal to buy the stake in China Three Gorges’ international ...

One of the most celebrated passages in the Bible occurs in St Matthew’s gospel. A rich young man asked Jesus, “What good thing shall I do, that I may have eternal life?” Jesus responds, “If thou wilt be perfect, go and sell that thou hast, and give to the poor.” Alas, charity has always been easier said than done. “But ...

Investors are cheering the news that Apple Inc is increasing the output for its next lineup of iPhones. While it may seem like a positive signal for future demand, reality is a bit more complicated. Bloomberg News reported that Apple has told its suppliers to make as many as 90 million next-generation iPhones for its initial run, a figure that ...