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)