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Juicy Apple buoys shares, euro volatility sinks

LONDON - Global stocks were back on the front foot on Thursday, as upbeat earnings from tech heavyweights Apple and Facebook helped shake off some of the jitters that have hit the sector in recent weeks.

Recent Business News

Hyundai Motor first-quarter profit misses estimates, hurt by slow U.S. sales

SEOUL - South Korea's Hyundai Motor missed analyst estimates by posting first-quarter net profit that was almost identical to a year earlier, as lackluster U.S. performance offset increased sales in China and Korea.

2:15am EDT

Qualcomm faces China bribery allegations from U.S. regulator

SAN FRANCISCO - Leading mobile chipmaker Qualcomm said on Wednesday it could face a civil action from U.S. authorities over alleged bribery of officials associated with state-owned companies in China.

Japan business lobby plans corporate governance rules: source

TOKYO - Japan's most powerful business lobby, Keidanren, plans to introduce corporate governance rules that will require better disclosure, a person familiar with the matter said, but they will stop short of bolder reforms sought by many investors.

3:11am EDT

Canon nudges up profit forecast on higher office equipment sales

TOKYO - Canon Inc raised its full-year operating profit target by a slight 1.4 percent after strong sales of office copiers and printers in the first quarter.

2:42am EDT

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