International stocks trading in New York closed higher on
Tuesday, with the Bank of New York index of American depositary
receipts adding 0.6% to 151.90. The European index rose 0.6% to
151.97, the Asian index climbed 0.9% to 143.74, the Latin American
index rose 0.4% to 279.45 and the emerging markets index added 1.1%
to 276.01. Among the companies with shares that actively traded was
Anheuser-Busch InBev NV (BUD, ABI.BT).
Anheuser-Busch InBev completed the $5.8 billion purchase of
South Korea's Oriental Brewery on Tuesday, returning the brewer to
its portfolio after selling it in 2009. Shares of the Belgian
brewer added 1.2% to $106.59.
A minority shareholder in CorpBanca SA (BCA, CORPBANCA.SN) said
Tuesday it has asked a New York court to halt a merger of the
Chilean bank with Brazil's Itau Unibanco Holding SA (ITUB,
ITUB3.BR, ITUB4.BR), alleging Chilean executives committed fraud to
bail out a struggling conglomerate. CorpBanca shares rose 0.8% to
$17.79, while Itau Unibanco shares added 0.9% to $14.99.
Mexican tycoon Carlos Slim's telecommunications company America
Movil SAB (AMX, AMX.MX) was ordered by a new powerful regulator to
"substantially" cut some of its tariffs, the latest evidence that
the new telecom rules will trim the company's profit margins in its
top market, Mexico. Shares still rose 2.3% to $20.33.
A U.S. independent compliance monitor warned HSBC Holdings PLC
(HSBC, HSBA.LN) that it needs to further upgrade its
anti-money-laundering systems, according to a filing published
Tuesday by the U.S. Department of Justice. Shares of the U.K.-based
bank rose 0.8% to $51.21.
Nokia Corp.'s (NOK, NOK1V.HE) factory workers in India launched
protests Monday, demanding their jobs be spared as an Indian tax
claim against the Finnish phone maker threatens to exclude the
employees' workplace from Nokia's asset sale to Microsoft Corp.
(MSFT). Nokia shares still rose 2.9% to $7.55.
Write to Anna Prior at anna.prior@wsj.com
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