Ford Motor Co.’s factories in Thailand are capable of producing eight times more vehicles than it sells locally. With help from a Thai government program, the automaker plans to make sure the excess capacity doesn’t become a liability like at its plants in Europe.
Mark Kurtser, a 55-year-old Russian gynecologist, has become a billionaire after shares of his MD Medical Group Investment Plc, Russia’s largest private provider of women’s and children’s health care, surged 42 percent in five months.
An unprecedented wave of deals for Southeast Asian food and drink companies has traders betting the next targets will include chocolatier Petra Foods Ltd. and instant-coffee and cracker maker Viz Branz Ltd.
NEC Corp. , Japan’s largest maker of phone-network equipment, won an order valued at about 30 billion yen ($362 million) from a group led by Nippon Telegraph & Telephone Corp. to supply undersea cables, two people familiar with the matter said.
Palm oil producers including Indonesia and Malaysia may need to find new uses for the world’s most-consumed edible oil to absorb the biggest-ever supplies and reverse a slump in prices, according to Frost & Sullivan.