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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LONDON/NEW YORK U.S. activist shareholder Third Point LLC has targeted Nestle by taking a $3.5 billion stake in the food maker and urging Europe's most valuable company to boost returns as demand for its products weakens. | Video
WASHINGTON Amtrak on Monday named a former Delta Air Lines chief to lead the U.S. passenger rail carrier as it embarks on a major renovation of its busiest U.S. hub following years of disruptions and delays along the Northeast Corridor.
TOKYO Japanese auto parts maker Takata Corp apologized on Tuesday to victims of its faulty air bags linked to at least 16 deaths and 180 injuries around the world.
Billionaire Carl Icahn's investment firm, Icahn Enterprises LP , said on Monday it had entered an agreement with the former co-manager of its Sargon Portfolio, David Schechter, to fund his new private investment management business.
SINGAPORE Crude oil futures rose for a fourth consecutive session on Tuesday as investors covered short positions, though worries over a festering supply glut kept a lid on prices.