World Business News
HSBC Holdings Plc said a $1 billion increase in its wages bill in Brazil, China and other emerging markets was the price of avoiding the stagnant growth which has dogged some rival lenders more dependent on Europe.
Virgin Media has won the contract to provide wi-fi to the London Underground.
Walmart unveiled a "disc-to-digital" service Tuesday that lets customers buy online access to movies they've already purchased on DVD or Blu-ray.
Two Chinese online video companies agreed to merge Monday in an all-stock deal that will create a major new player in the rapidly growing market.
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