MACQUARIE GROUP TO BUY PORTFOLIO OF 90 COMMERCIAL AIRLINERS
Australia's Macquarie Group Ltd. has struck a deal to buy a
portfolio of 90 commercial airliners for $4 billion, bolstering its
aircraft-leasing business and further diversifying away from its
investment-banking roots. (published 0028 GMT)
APPLE SEEKS TO RESOLVE POACHING LAWSUIT
Apple Inc. is pursuing a resolution to the lawsuit filed by
battery maker A123 Systems Inc. over Apple's efforts to poach
high-level battery engineers and chemists, according to a filing
made Tuesday in federal district court in Massachusetts. (published
0040 GMT)
SONY TARGETS 'MORPHEUS' VR HEADSET FOR FIRST HALF OF 2016
Sony said Tuesday that it plans to ship its virtual-reality
headset sometime in the first half of 2016. (published 0158
GMT)
CITIGROUP DEAL SHRINKS THE BANK'S UMBRELLA
Another piece of banking is moving to the shadows. Citigroup
Inc., the nation's third-largest bank by assets, confirmed Tuesday
that it would sell its large U.S. subprime-lending business,
OneMain Financial, to Springleaf Holdings Inc., a nontraditional
lender majority-owned by private-equity firm Fortress Investment
Group LLC. (published 0016 GMT)
CHINA RAILWAY GROUP PLANS A-SHARE ISSUANCE TO RAISE FUNDS
China's state-owned Assets Supervision and Administration
Commission has approved a plan by China Railway Group Ltd. to issue
new shares in a bid to raise funds, the Hong Kong-listed railway
builder said. (published 0013 GMT)
AUSTRALIAN PHARMACEUTICALS INDUSTRIES RAISES PROFIT FORECAST
Australian Pharmaceutical Industries Ltd. upgraded its fiscal
first-half profit forecasts, tipping a 30% jump in earnings
following strong trading at its Priceline and Priceline Pharmacy
store network in January and February. (published 0051 GMT)
CHINA DREDGING ENVIRONMENT TO POST 40% DROP IN 2014 AFTER-TAX NET PROFIT
China Dredging Environment Protection Holdings Ltd. said its net
profit-after-tax in 2014 is expected to fall by around 40% from a
year earlier. (published 0025 GMT)
CHINA PACKAGING EXPECTS TO POST INCREASE IN 2014 PROFIT
China Packaging Holdings Development Ltd. expects to post an
increase in its 2014 net profit due to higher revenue during the
year. (published 0100 GMT)
CHINA HOUSEHOLD HOLDINGS TO BUY DOOR-HANDLE MAKER FOR $54 MILLION
China Household Holdings Ltd. said late Tuesday it is buying a
door handle and electronic-lock maker for 420 million Hong Kong
dollars . (published 0128 GMT)
UBER BOLSTERS MAPPING SOFTWARE WITH RARE ACQUISITION
Uber said it acquired deCarta, a small maker of mapping
software, as the ridesharing giant aims to lessen its dependence on
Google and Apple. (published 0122 GMT)
MCDONALD'S OLD CEO TO GET $3 MILLION FOR CONSULTING -- 2ND UPDATE
McDonald's Corp. said its former chief executive will receive $3
million under a one-year consulting agreement, while his
replacement saw a 69% increase to his base salary. (published 0001
GMT)
PERMISSION TO PROBE POLITICIANS SOUGHT IN PETROBRAS CASE -- UPDATE
Brazilian Attorney General Rodrigo Janot has asked the Supreme
Court for permission to proceed with investigations against a
number of politicians, launching a new phase of a corruption case
at state-run energy giant Petroleo Brasileiro SA. (published 0234
GMT)