Hero Profit Declines as Honda Gains India Share
Hero MotoCorp Ltd., India’s biggest motorcycle maker, reported its first drop in profit in six quarters as declining demand for two wheelers and increasing competition from former partner Honda Motor Co. damped sales.
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Aramex Founder Said to Sell Entire Stake
59:48 - The founder and vice chairman of Aramex is said to have sold his entire stake in the logistics company to gulf investors. Fadi Ghandour is believed to have let go of his almost 10% share which was worth $142M. Bloomberg's Matthew Martin reports on "Bloomberg Markets Middle East." (Source: Bloomberg)