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Asia up on Greek optimism, oil bounce lifts commodity currencies

TOKYO - Asian stocks gained on Tuesday as hopes for an agreement on Greece's debt situation lifted risk appetite, while a sharp rebound in oil prices boosted commodity currencies such as the Canadian dollar and Norwegian crown.

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Volatile start to week

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 Volatile start to week (1:46)

Lululemon founder seeks new Zen

Report
 Lululemon founder seeks new Zen (1:19)

Consumer spending drops

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 Consumer spending drops (1:41)

Recent Business News

Justice Department drops News Corp probe related to phone hacking

- The United States Department of Justice has decided not to prosecute News Corp or its sister company Twenty-First Century Fox after completing an investigation of scandals in Great Britain involving phone hacking and alleged bribery of public officials.

6:11pm EST

Google preparing to launch ride-hailing service: Bloomberg

- Google Inc is preparing to offer its own ride-hailing service, putting it in direct competition with Uber, Bloomberg News reported, citing a person close to Uber's board.

9:13pm EST

U.S. refinery strike nears third day as Shell, union meet

HOUSTON - Royal Dutch Shell Plc negotiators met on Monday with the union representing workers at U.S. refineries as a strike stretches into a third day after talks on a new national contract broke down.

9:47pm EST

Lenovo quarterly revenue jumps 31 percent, tops expectations

BEIJING - Lenovo Group Ltd , the world's leading PC maker, said on Tuesday its third-quarter revenue rose 31 percent to $14.1 bln, beating investor expectations, as its smartphone division sales more than doubled.

7:59pm EST

Chrysler to recall more than 228,000 Jeep Cherokees: NYT

- Fiat Chrysler Automobiles NV  will recall more than 228,000 Jeep Cherokees to upgrade the software as their airbags could unexpectedly inflate without a crash, the New York Times reported on Monday.

9:12pm EST

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary

Energy +0.07%
Basic Materials +0.06%
Industrials +0.05%
Cyclical Goods & Services -0.10%
Non-Cyclical Goods & Services -0.02%
Financials +0.01%
Healthcare -0.05%
Technology +0.05%
Telecoms -0.07%
Utilities -0.03%

Data Dive

Venezuela’s vanishing economy

For months Venezuelan shoppers have been enduring long lines in order to buy basic necessities like flour and diapers, but given the country's increasingly dire economic situation, these may soon qualify as the good-old days.

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