To Recoup Jet Costs, Honda Faces Long Haul

In order to see Honda Motor Co’s pet aviation project recoup its development costs, Michimasa Fujino, 56, chief engineer of the Hondajet, might have to reach a ripe old age after three decades building an airplane from scratch. Richard Aboulafia, vice president of analysis at aerospace consulting firm Teal Group, thinks it has likely spent…

Seaworld’s Largest Shareholder Now Is This Chinese Company

While becoming the embattled U.S. theme-park operator’s largest shareholder, China’s Zhonghong Zhuoye Group Co. agreed to acquire a 21 percent stake in SeaWorld Entertainment Inc. from Blackstone Group LP. By expanding internationally, SeaWorld’s plan to restore growth is bolstered by the deal. To create its first park outside the U.S. Rivals such as Six Flags Entertainment Corp.…

$10 Billion Bet On India’s Deep Sea Placed By Top Explorer

The place where energy giants BP Plc and Reliance Industries Ltd. found a sea of trouble, is being ventured into by India’s Oil & Natural Gas Corp. Tapas Kumar Sengupta, ONGC’s director for offshore operations said that to help boost natural gas output and raise crude flows, the state-run company plans to invest in a region off…