HUAWEI'S HIGHER-END PHONES LIFT CONSUMER-BUSINESS REVENUE
Huawei Technologies Co.'s effort to sell more smartphones in
higher price ranges is giving a boost to its consumer business.
(published 0153 GMT)
GOOGLE TO ANNOUNCE FIBER EXPANSION IN FOUR CITIES -- UPDATE
Google Inc. is preparing to offer its high-speed fiber-optic
Internet service in four new metro areas, the latest step in a
careful expansion of the service. (published 0136 GMT)
CARNIVAL: IN TALKS WITH CHINA MERCHANTS GROUP TO FORM CHINA JVS
Carnival Corp. is in talks with state-owned China Merchants
Group to form two joint ventures in China that will build cruising
ports and ships and expand the nascent industry in a booming
tourism market. (published 0203 GMT)
ALIBABA PICTURES GROUP EXPECTS 2014 LOSS
Hong Kong-listed Alibaba Pictures Group Ltd., a film and TV
production unit of Chinese e-commerce giant Alibaba Group Holding,
said late Monday it expects to swing to a loss of up to 600 million
Hong Kong dollars for 2014, partly dragged by a drop in revenue.
(published 0046 GMT)
BANKS REACH SETTLEMENT OVER SINO-FOREST STOCK SALE
A group of Canadian and other investments banks agreed to pay a
total of 32.5 million Canadian dollars to settle claims related to
their role as underwriters to help Sino-Forest Corp. sell stock, in
what is believed to be one of the largest settlements of its kind
in Canadian history. (published 0048 GMT)
HOULIHAN LOKEY OPENS AUSTRALIAN OFFICE
U.S. investment bank Houlihan Lokey said Tuesday it has opened
an office in Australia, hoping to fill a gap left by rivals that
are slimming their operations Down Under as the local economy
slows. (published 0206 GMT)