Asian shares slump as Ukraine tensions flare

TOKYO - Asian shares slumped on Friday, after flaring Ukraine tensions spoiled investor risk appetite and bolstered the safe-haven yen. | Video

Recent Business News

Malaysia Airlines shares suspended pending announcement

KUALA LUMPUR - Shares in Malaysia Airlines (MAS) will be suspended on Friday ahead of a material announcement. | Video

28 Aug 2014

Bank of America seeks to void verdict in $1.27 billion 'Hustle' case

NEW YORK - Bank of America Corp on Thursday asked a federal judge to throw out a jury verdict finding it liable for fraud over defective mortgages sold by its Countrywide unit that resulted in a $1.27 billion penalty.

Vanishing euro zone inflation seen intensifying ECB policy headache

BRUSSELS/FRANKFURT - If euro zone inflation falls deeper into the 'danger zone' as expected on Friday, it will at the very least complicate the European Central Bank's plans to wait and see whether its recent policy move to ignite the euro zone economy will work. | Video

28 Aug 2014

Ford, IBM win dismissal of 12-year lawsuit over apartheid abuses

NEW YORK - A Manhattan federal judge has dismissed a 12-year-old lawsuit accusing Ford Motor Co and IBM Corp of encouraging human rights abuses in apartheid-era South Africa, reluctantly concluding that the case does not belong in U.S. courts.

28 Aug 2014

Telefonica prevails in battle for Vivendi's Brazil unit GVT

PARIS - French media company Vivendi picked Telefonica for exclusive talks over the sale of its Brazilian broadband unit GVT, spurning a rival bid from Telecom Italia . | Video

Deals, Brazil 28 Aug 2014


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