Asian shares push higher, shrug off global tension

TOKYO - Asian stocks touched a three-year peak on Tuesday, despite lingering concerns about crises in Ukraine and Gaza, while the yen eased against the dollar and the euro.

Recent Business News

Apple asks suppliers to produce up to 80 million large-screen iPhones: WSJ

- Apple Inc has asked suppliers to manufacture between 70 million and 80 million of its two forthcoming large-screen iPhones by the end of the year, its largest initial production run of iPhones, the Wall Street Journal reported, citing people familiar with the matter.

Tech, Media 21 Jul 2014

Credit Suisse says swings to second-quarter net loss on U.S. tax settlement

ZURICH - Credit Suisse Group AG CSGN.VX reported its biggest quarterly loss since the collapse of Lehman Brothers in 2008, due to a 1.6 billion Swiss franc ($1.78 billion) charge taken following a May settlement with U.S. authorities over tax evasion charges.

3:20am EDT

More than half of consumers globally upbeat on job prospects: Nielsen

LONDON - More than half of consumers globally expect job prospects to be good to excellent in the year ahead, a survey showed on Tuesday.

12:05am EDT

Time Warner moves to bar shareholders from calling meetings

- Time Warner Inc's board moved to prevent its shareholders from calling special meetings, effectively throwing up a hurdle to any quick move to approve a potential takeover by Rupert Murdoch's Twenty-First Century Fox.

21 Jul 2014

Senate panel to debate wave of corporate tax-avoidance deals

WASHINGTON - As more U.S. corporations do deals to cut taxes by shifting their tax domiciles overseas, the Senate Finance Committee will hold a hearing on Tuesday focused on these transactions known as inversions.


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