Japanese electronics supplier Sharp Corp warned it will slip into its third annual net loss in four years as fierce pricing competition saps sales of smartphone displays, the business line it had been counting on for growth.
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Disney profit boosted by theme park visitors, 'Frozen' toys
Walt Disney Co's (DIS.N) quarterly revenue and profit topped Wall Street estimates as visits to its theme parks rose and last year's animated film hit "Frozen" drove home video and toy sales.
U.S. factory orders fall sharply, order books shrinking
New orders for U.S. factory goods fell for a fifth straight month in December, but a smaller-than-previously reported drop in business spending plans supported views of a rebound in the months ahead.
Wall Street posts second day of strong gains, led by energy
U.S. stocks jumped more than 1 percent on Tuesday, led by energy shares as oil prices extended their recent rally, while higher-than-expected January car sales also bolstered the advance.
Super Bowl draws U.S. record 114.4 million TV audience
The New England Patriots' heart-stopping 28-24 victory over the Seattle Seahawks in the Super Bowl delivered the largest television audience in U.S. history with an average of 114.4 million viewers, network NBC said.
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Japanese electronics firm Panasonic Corp said a dip in quarterly operating profit won't derail it from hoisting earnings 15 percent this year as a restructuring strategy of exiting low-margin product lines like TVs continues to pay off.
Australia's central bank cut its cash rate to an all-time trough of 2.25 percent on Tuesday, breaking an 18-month hiatus on stimulus as it seeks to spur a sluggish economy while keeping downward pressure on the local dollar.
The European Central Bank is considering withdrawing from the "troika" of international lenders that governs Greece's international bailout, German business daily Handelsblatt reported on Tuesday.
AT&T Inc is selling some data centers worth about $2 billion as it continues its streak of asset sales, people familiar with the matter said on Monday.
Oil major BP beat expectations for the fourth quarter of 2014 thanks to a surprise profit from its stake in Russian oil giant Rosneft while taking a $3.6 billion impairment charge and cutting spending due to low oil prices.
Iran is sweetening the terms it offers on oil development contracts to draw the interest of foreign investors deterred by sanctions and low crude prices, as its pragmatic president seeks to deliver on his promise of economic recovery.
Verizon Communications Inc (VZ.N) is nearing wrapping up deals to sell more than $10 billion in assets, the Wall Street Journal reported, citing people familiar with the matter.
Troubled electronics retailer RadioShack Corp is preparing to shut down the chain in a bankruptcy deal that would see half the stores taken over by Sprint Corp, Bloomberg News reported, citing people with knowledge of the discussions.
When Edith Zemirou bought Euro Disney stock two decades ago, she expected a decent return and her own small share in Mickey Mouse magic.
