Zhejiang Geely said it will establish a 50-50 joint venture with its Volvo unit and create a China-only brand, bowing to regulatory obstacles over expanding the Swedish car brand in the country.

S&P cut Panasonic's long-term debt ratings, indicating the U.S. credit-ratings agency expects further difficulties for Japan's consumer-electronics sector.

Julia Gillard's government was tipped into crisis when Kevin Rudd unexpectedly resigned as foreign minister, setting up a possible leadership challenge.

Mitt Romney's large donors are hitting their maximum legal amounts, presenting an opening for the GOP candidate's competitors.

Myanmar's transformation from pariah state to the next big thing has happened at light speed. Those looking to move in are finding a place ripe with potential, but riddled with potholes too.

Revisiting affirmative action in state-college admissions, the Supreme Court will review the University of Texas at Austin's policy that considered race as a factor in choosing freshmen.

Train maker China CNR said proceeds from its up to $1.13 billion rights issue will go toward upgrading technology in its high-speed trains and other products.

Barrett Business Services, Inc. has promoted Gregory Vaughn from vice president to the newly created role of chief administrative officer, effective immediately, the Vancouver-based company said Tuesday.

The Port of Vancouver is offering tours of its operations in honor of its 100th birthday, which is this year. The first "Centennial Public Tour" kicks off at noon Thursday at the port' main office, 3103 N.W. Lower River Road.

Is that Bruce Lee you're wearing? Bruce Lee Enterprises, the business arm managing the late martial-arts star's legacy, this week launched a line of colognes bearing Mr. Lee's image and name.