Foxconn's board approves plan to buy Sharp
What’s News
HSBC Struggles With Money-Laundering Fight
A monitor of HSBC’s vigilance against money laundering and evasion of sanctions has uncovered lapses in the wake of a 2012 settlement with the Justice Department.
Funds Flow to Venture Firms
Venture-capital firms are raising money at the highest rate in more than 15 years, even as the values of some once-hot startups have begun to cool.
Yellen Caution Lifts Global Stocks
Global stocks were mostly higher as oil prices climbed and investors welcomed Federal Reserve Chairwoman Janet Yellen’s cautious stance on raising U.S. interest rates.
Tata Steel Set to Sell U.K. Operations
Tata Steel of India, one of the world’s largest steelmakers, said Tuesday that it would explore a sale of its struggling U.K. holdings, including its Port Talbot plant in Wales, a move that could threaten thousands of local jobs.
Inside the Migrant-Smuggling Trade: Escapes Start at €1,000
The closure of borders in the Balkans and elsewhere has stranded thousands of migrants from the Middle East and elsewhere in Greece, where a flourishing and barely disguised smuggling market has emerged.
Second Assailant Likely in Brussels Subway Attack, Officials Say
Belgian and U.S. investigators suspect a second assailant likely took part in the attack on a Brussels metro station last week, officials briefed on the investigation said.
Pentagon Readies More Robust U.S. Presence in Eastern Europe
The Pentagon has drawn up plans to position American troops, tanks and other armored vehicles full-time along NATO’s eastern borders to deter Russian aggression.
Germany’s Metro Considers Demerger
German retailer Metro said it is considering dividing into two independent listed companies, one for its wholesale and food business and one for consumer electronics.
McCormick Raises Offer for Premier Foods
U.S. spice and herb company McCormick & Co. raised its offer for the U.K.’s Premier Foods to around $773 million.
Brazilian Tycoon Raises Stake in Carrefour
Brazilian tycoon Abilio Diniz has raised his stake in French supermarket operator Carrefour to 8.05% from 5.1% through his investment company Peninsula Participações.
‘Natural’ Product Claims Can Be Murky
Consumer-goods companies are trying to grow in the flourishing natural-products space with premium-priced items whose key ingredients are similar to the ones found in mainstream brands.
FTC Sues VW Over Diesel Vehicle Advertising
The Federal Trade Commission added to Volkswagen’s legal woes with the filing of a complaint claiming the auto maker’s advertising falsely touted its diesel vehicles as environmentally friendly.
Hackers Breach Law Firms, Including Cravath, Weil Gotshal
Federal investigators are exploring whether the cybercriminals stole confidential information for the purpose of insider trading.
Western Digital Bond Sale Is Test for Junk Market
Western Digital is offering investors higher yields on $5.6 billion in junk bonds backing its takeover of SanDisk, the latest sign that demand for low-rated debt remains mixed despite a market rally over the past six weeks.
Hedge-Fund Manager’s Charity Was Victim of Alleged Caspersen Fraud
Hedge-fund manager Louis Bacon’s charitable foundation said it was the victim in an alleged scheme orchestrated by former private-equity executive Andrew W.W. Caspersen to defraud investors out of $95 million.
Oil Slips Below $39 as Rally Loses Steam
Oil prices fell to a two-week low on concerns that the global market remains too oversupplied to support prices near $40 a barrel.
Brazil’s Largest Party Leaves Rousseff’s Ruling Coalition
Brazil’s largest party has broken with President Dilma Rousseff’s ruling coalition, a split that hurts her chances of staying in office.
EgyptAir Hijacker Arrested, All Hostages Released
Egyptian authorities said he had no known links to any terrorist groups, and a Cypriot official described him as being in a ‘fragile mental state.’
Myanmar’s New President Pledges to Change Constitution
Htin Kyaw, in his first speech as Myanmar’s president, increased the potential for conflict with the military: He pledged to change the constitution—a clear reference to allowing Aung San Suu Kyi to be president instead.
Pakistan Militant Group Threatens More Attacks
The militant group behind the Lahore massacre threatened to unleash a wave of new attacks, as the government rounded up thousands of suspects.
Report Urges U.N. Office Overhaul
A report by a U.N. task force released Tuesday painted a dire picture of the inner workings of the office of the president of the General Assembly and recommended its organization and management be overhauled.
Technology
End of Apple-FBI Dispute Could Intensify Fight Over Data Privacy
The sudden halt to the legal battle over a terrorist’s phone may only intensify the larger fight over privacy and encryption.
U.S.
Supreme Court Struggles to Deal With Split
A pair of developments Tuesday revealed the new dynamic of a court equally divided between conservatives and liberals. 113
Obama to Host Summit on Global Nuclear Concerns
World leaders are scheduled to gather here Thursday for a two-day summit hosted by President Barack Obama that will focus on global nuclear concerns, particularly the potential for a terrorist organization to obtain nuclear materials and the growing threat of North Korea.
Video
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Sleep Inside a Shark Aquarium--If You Dare
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EgyptAir Hijacker Arrested
1:01World
World Watch: News Digest
A daily roundup of news from around the world.
Photos
Is Your Weekend Wardrobe Due for an Upgrade?
Retailers wish American men would dress with a little more panache outside the office and offer a few suggestions for easy substitutions to make your off-the-clock look sleeker.
A Soprano’s Hat Trick
Sondra Radvanovsky has now sung Donizetti’s three Tudor-period queens within a single season.