Markets

Iron ore hits 3-month high amid output slowdown

TOKYO --Iron ore prices are rebounding on speculation that mining companies are finally tapping the brakes on production increases.Benchmark spot prices of Australian-produced iron ore shipped to China rose to around $59 a ton in mid-July, the highes...

Deals

China's Fosun snaps up English soccer team for $59m

SHANGHAI -- Chinese investment firm Fosun Group has purchased the Wolverhampton Wanderers ...