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Companies

Twitter subscribers up 24%
Analysts are forecasting revenue of $330m to $340m for current quarter
Amazon to invest $2 billion to expand in India
Amazon.com Inc. said Wednesday it will invest $2 billion to expand its Indian business, a day after local rival Flipkart raised $1 billion to fund its own expansion.
BP warns of Russia impact amid profits
Share of profits from Rosneft topped $1 billion
UBS books big charges after tax probe, lawsuits
The bank on Tuesday reported a quarterly net profit of 792 million Swiss francs from 690 million francs a year earlier, when results were marred by an $885 million settlement with the US housing regulator over the mis-selling of mortgage-backed bonds.
Huawei smartphone shipments up 60%
The company, which competes with Chinese makers Lenovo Group Ltd and ZTE Corp , shipped about 21 million smartphones globally in the second quarter ending June 30, an 85 per cent rise from the same period of last year.
BP warns of Russia impact amid profits
Share of profits from Rosneft topped $1 billion
UBS books big charges after tax probe, lawsuits
The bank on Tuesday reported a quarterly net profit of 792 million Swiss francs from 690 million francs a year earlier, when results were marred by an $885 million settlement with the US housing regulator over the mis-selling of mortgage-backed bonds.
Huawei smartphone shipments up 60%
The company, which competes with Chinese makers Lenovo Group Ltd and ZTE Corp , shipped about 21 million smartphones globally in the second quarter ending June 30, an 85 per cent rise from the same period of last year.
India’s Flipkart raises $1 billion in funds to tackle Amazon
Flipkart, set up in 2007 by two former Amazon employees, said Singapore sovereign wealth fund GIC was among those to participate in the fundraising, the latest cash injection into the e-commerce market.
US companies increasingly fish for growth overseas
Major US companies are starting to reap their most rapid growth in fertile lands of opportunity far from home.
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