Alibaba Could Face Tax Hit If It Buys Back Yahoo's Stake 

Alibaba Group Holding Ltd. could face a tax hit if it decides to pursue buying back Yahoo Inc.'s 15% stake in the Chinese e-commerce giant, analysts said. (published 0519 GMT)

 
 
Amtrak's Losses Widen in Fiscal 2015 

Amtrak said Wednesday its adjusted operating losses in fiscal 2015 widened to $306.5 million from the previous year's loss of $230 million, which was its lowest in four decades. (published 0500 GMT)

 
 
Sandmartin Plans to Raise Stake in Satellite Television Operator in Dubai 

Sandmartin International Holdings Ltd. is in initial talks to raise its stake in a satellite television operator in Dubai. (published 0433 GMT)

 
 
FAA Downgrades Safety Rating of Thailand Aviation Industry 

The U.S. Federal Aviation Administration has downgraded the safety rating of Thailand's aviation industry, which could disrupt Thai airlines' international operations and hurt segments of the country's vast tourism industry. (published 0433 GMT)

 
 
Santos Launches Retail Offer Shortfall Bookbuild 

Santos Ltd. has launched an offer for about 585 million Australian dollars in new shares not taken up by shareholders in the retail leg of the energy company's A$2.5 billion equity raising. (published 0348 GMT)

 
 
Top Hong Kong Regulator Peter Pang Referred Son for J.P. Morgan Internship 

A top official at a Hong Kong regulator investigating J.P. Morgan Chase & Co.'s Asian hiring program is listed in an internal J.P. Morgan document as having referred his son for an internship there. (published 0243 GMT)

 
 
Yahoo Board to Weigh Potential Sale of Internet Business -- 2nd Update 

Yahoo Inc.'s board is planning a series of meetings this week to consider selling off the company's flagging Internet businesses and how to make the most of its valuable stake in Chinese e-commerce powerhouse Alibaba Holding Group Ltd. (published 0151 GMT)

 
 
Metro Pacific Secures PHP16.5 Bln Loans for Projects 

Metro Pacific Investments Corp. said Wednesday it secured loans from two local banks totaling 16.5 billion pesos to finance various projects and for other corporate purposes. (published 0150 GMT)

 
 
Fittec International Group Sells China Base Group HK$535.3 Mln Worth of Shares 

Fittec International Group Ltd. said after trading hours Tuesday that it will sell China Base Group a majority of its issued share capital and that China Base Group must make a mandatory cash offer for the remaining shares it does not own. (published 0142 GMT)

 
 
British Oil-Deals Maven John Browne Returns to the Field 

One of the energy industry's best-known deal makers is quietly making a comeback, even as oil prices continue to slump. (published 0142 GMT)

 
 
SEC Steps Up Probe of Pre-IPO Share Trading 

Federal securities regulators are intensifying a broad investigation into trading of pre-IPO shares, zeroing in on companies that help technology-firm employees and others resell their shares. (published 0138 GMT)

 
 
Innovative Pharmaceutical Biotech: Issues HK$600 Mln of New Shares 

Innovative Pharmaceutical Biotech Ltd. said before trading hours Wednesday it would issue shares worth 600 million Hong Kong dollars to Ming Travel International Travel Investment Holdings Ltd. to raise funds. (published 0129 GMT)

(END) Dow Jones Newswires

December 02, 2015 01:00 ET (06:00 GMT)