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Facebook, Twitter, Google CEOs will defend tech platforms before US panel

Twitter's Dorsey will warn the committee that eroding the foundation of Section 230 could significantly hurt how people communicate online

General Electric posts quarterly profit as biz recovers from pandemic lows

GE said it expects industrial free cash flow to be at least $2.5 billion in the fourth quarter and positive in 2021

China bought nearly 30% of Indian steel exports in April-Sept - data

China bought 1.9 million tonnes, cornering 29% of India's finished steel exports, which hit their highest in at least six years at 6.5 million tonnes

US: Spy agency ducks questions about 'back doors' in tech products

These so-called back doors enable the NSA and other agencies to scan large amounts of traffic without a warrant

Trump or Biden's big economic challenge: Millions of struggling Americans

Congressional Democrats and the Trump administration have been trying to negotiate a $2 trillion coronavirus aid bill

China's domestic jet fuel demand back to near pre-coronavirus levels

Domestic aviation fuel sales amounted to about 2 million tonnes (523,300 barrels per day) last month

Novartis, Molecular Partner team up on coronavirus candidates treatment

Novartis has licenced global rights to two Molecular Partners antiviral drugs that have potential to treat Covid-19 patients, the two companies said

Tata Group to buy majority stake in BigBasket for about $1 billion: Report

BigBasket is in advanced talks to sell a majority stake for about $1 billion to Tata Group

Barcelona president Josep Maria Bartomeu submits resignation: Report

Bartomeu has been facing growing resentment in the last year due to the club's worsening finances and the team's decline on the pitch

Immunity against coronavirus diminishes over time, says UK study

Scientists at Imperial College London have tracked antibody levels in the British population following the first wave of Covid-19 infections in March and April

AMD agrees to buy rival Xilinx in $35-billion deal to take on Intel

Deal will broaden AMD's business into chips for 5G market, automotive electronics

Airbnb sets stage for blockbuster market debut, looks at Nasdaq listing

Airbnb did not give a timeline for when it may complete its IPO

Pfizer says no Covid vaccine data yet, unlikely to come before US elections

An independent panel will conduct the first analysis when it reaches 32 infections.

Sensex, Nifty gain on hopes of higher inflows after MSCI Index rejig

Hopes of higher foreign inflows into local mkts after change in foreign ownership limits drive rally

3M profit beats on healthcare boost; says demand for N95 masks to continue

Sales from three of the company's four main businesses rose, with the healthcare unit recording a 25.5% jump and accounting for more than a quarter of the company's total sales

EU warns not enough Covid-19 vaccines for entire Europe before end of 2021

The EU Commission had earlier said vaccines will be limited "during the initial stages of deployment" but had never clarified how long the initial phase would last

UK starts real-time review of Moderna's Covid-19 vaccine candidate

Moderna said earlier this month it was going to apply for real-time reviews of its experimental Covid-19 vaccine to Europe, following rolling reviews of shots of its rivals Pfizer Inc and AstraZeneca

Chevron to lay off about 25% of Noble Energy employees after merger

The job cuts come after the company promised to lower its operating expenses by $1 billion this year in the face of sharply lower energy demand

Spain to hike taxes on large companies, high earners in 2021 budget

Governments around the world have so far said very little about how they plan to pay for the cost of unprecedented levels of state support to virus-hit economies

Caterpillar earnings decline as economy woes deter equipment purchases

The company did not provide an updated earnings guidance due to COVID-19 uncertainties