LA Times News

LA Times News


Wang Jianlin of China's Wanda Group upbeat on AMC deal, expansion

Posted: 03 Jul 2012 12:00 AM PDT

Wang Jianlin, head of Wanda Group in China, expects approval of a deal to buy cinema chain AMC and seeks partnerships with U.S. filmmakers and studios.

BEIJING — The Chinese tycoon Wang Jianlin proudly pointed to the sweeping abstract painting of the Great Wall hanging in his marble-walled office.

Barclays chairman resigns over interest rate manipulation scandal

Posted: 03 Jul 2012 12:00 AM PDT

Marcus Agius becomes the first big casualty of the scandal. His decision comes amid calls for further resignations at the British bank.

NEW YORK — British authorities turned up the heat on Barclays as its chairman, Marcus Agius, became the first big casualty of a scandal involving attempts to manipulate key interest rates.