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Asia stocks bounce as risk appetite returns after Italy vote

HONG KONG Asian stocks posted their biggest rise in two weeks on Tuesday and the euro steadied as investors judged the selloff after Italy's referendum was overdone, with robust U.S. economic data also helping sentiment.

Recent Business News

Nissan's Infiniti sales on track for record year: global chief

BEIJING Nissan Motor Co Ltd's premium Infiniti brand will likely end 2016 with record sales well beyond the 215,000 vehicles it sold worldwide last year, the Japanese brand's global chief told Reuters.

12:04am EST

United Airlines mechanics ratify new contract

NEW YORK Union mechanics at United Continental Holdings Inc on Monday ratified a six-year joint collective bargaining agreement with the airline, marking the end to several years of contract talks between the two parties.

U.S. services sector activity scales one-year high

WASHINGTON U.S. services sector activity hit a one-year high in November, with a surge in production boosting hiring, further evidence of strength in the economy that clears the way for the Federal Reserve to raise interest rates next week.

Dec 05 2016

Dalian Wanda executive in charge of relisting plan resigns

HONG KONG The chief architect behind Dalian Wanda Group's $4.4 billion buyout to take its flagship Hong Kong-listed property arm private and relist it in China has resigned without seeing the plan through, according to an internal memo.

Dec 05 2016

Mexico's America Movil to provide national roaming service to Telefonica Mexico

MEXICO CITY Mexican telecoms giant America Movil , controlled by tycoon Carlos Slim, said on Monday its Mexican unit had reached an agreement to provide a national roaming service to its main competitor in the local market, Telefonica Mexico.

Dec 05 2016


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