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)