Business

Mining tycoon Gina Rinehart has agreed to invest A$500 ($437 million) in partnership with a Chinese company to create one of Australia’s largest dairy farms to meet soaring demand for premium infant formula in China.

Siemens' CEO said its healthcare unit would remain within the company for the foreseeable future, dismissing speculation about a disposal, which emerged after Siemens announced the legal separation of the business this month.

A judge has ordered Sergio Marchionne, chief executive officer of Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N), to give a deposition in a Georgia lawsuit involving a 4-year-old boy killed in a Jeep fuel-tank fire, the Wall Street Journal reported on Saturday.