John Angelucci

Korean Air Lines Co. (003490.SE) plans to bid for a stake in Korea Aerospace Industries Ltd. (047810.SE), or KAI, and has recently selected Bank of America Merrill Lynch to manage the deal, the Maeil Business Newspaper reported on its website Sunday, citing sources in the investment banking

HSBC Holdings PLC (HBC) is expected to make a $200 million provision for costs after the bank came under scrutiny for failing to combat money laundering in its U.S. operations, the Sunday Telegraph reported.

Aviva PLC (AV) has received a number of unsolicited approaches from financial and private equity buyers for its U.S. life division, according to the Sunday Telegraph.

South Korea's KT Corp. (KT, 030200.SE) apologized Sunday after acknowledging that the personal data for 8.7 million of the company's subscribers had been hacked and said it will devote efforts to prevent any recurrences.

Hyundai Motor Co. Ltd. (HYMLY, 005380.SE) will recall an estimated 221,630 automobiles in the U.S. due to a possible defect in the airbags, according to a posting on the U.S. National Highway Traffic Safety Administration's website.

The Colorado Rockies hit a statistical low Saturday night in a season filled with disappointments, their pitchers yielding a season-high five home runs in a 9-7 loss to the Cincinnati Reds.

A female gymnast from Uzbekistan was provisionally suspended from the London Olympics on Sunday after failing a drug test, the second doping case of the games.

Steven Lenhart spurned what would have been a Man-of-the-Match performance from Sean Johnson at Buck Shaw Stadium on Saturday, scoring deep into second-half stoppage time to see the San Jose Earthquakes claim a point in a dramatic 1-1 with the Chicago Fire.The Fire 'keeper was superb in blocking a

The role the U.N. could play in Syria if Bashar Assad falls from power face major obstacles, including a bitter division among world powers and the absence of an opposition leader

Guo Wenjun won her second straight Olympic title in 10-meter air pistol on Sunday, giving China the first two women's shooting golds of the London Games.France's Celine Goberville led the competition eight shots into the final round, but Guo scored 10.4 and 10.8, respectively, on her final two