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Japanese stocks edge towards two-year high, dollar firms before Yellen

TOKYO Japanese stocks edged towards two-year highs on Tuesday as exporters benefited from dollar strength, with investors expecting comments from Federal Reserve Chair Janet Yellen to support the Fed's projection for one more interest rate rise this year.

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Volvo and Autoliv team up with Nvidia for self-driving cars

STOCKHOLM Volvo Cars and Swedish car safety supplier Autoliv have signed a deal with U.S. firm Nvidia Corp , best known for its graphics technology in computer games, to develop software systems for self-driving cars.

1:51am EDT

Germany to set up new emissions testing body after VW scandal

BERLIN The German transport ministry announced plans on Tuesday to set up a new institute to test vehicle emissions to restore consumer confidence after the Volkswagen scandal as it said two models had produced more carbon dioxide than allowed.

3:15am EDT

In disaster's wake, BP doubles down on deepwater despite surging shale

THUNDER HORSE OIL PLATFORM, Gulf of Mexico About 300 BP workers commute 150 miles here by helicopter, from the Louisiana coast to a deep-sea drilling platform that can produce more oil in a day than a West Texas rig can pump in a year.

1:13am EDT

Oil up for fourth day on short-covering, supply glut caps gains

SINGAPORE Oil prices rose for a fourth consecutive session on Tuesday as investors covered short positions, although worries over a persistent global supply glut still lingered.

3:25am EDT

Japan's Takata offers condolences to victims of faulty air bags

TOKYO Japanese auto parts maker Takata Corp expressed condolences on Tuesday to victims of its faulty air bags linked to at least 16 deaths and 180 injuries around the world, but stopped short of offering a full apology.

3:29am EDT

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