Page 1374 - Reuters

Yes Bank receives $1.2 billion binding offer from global investor

The investment of $1.2 billion is via fresh issue of shares

Samsung warns of tepid mobile business profit, bets on chip sales instead

The downbeat forecast came hours after Apple Inc said holiday-quarter sales would beat Wall Street expectations, citing demand for services, wearables and its latest iPhones.

China's state telecoms to launch 5G mobile phone services on Friday

Authorities have said that they plan to install over 50,000 5G base stations across 50 Chinese cities in the country by the end of this year, and that big cities

In record deal, US to recoup $1 billion from fugitive financier Jho Low

US authorities say about $4.5 billion were siphoned from 1Malaysia Development Berhad (1MDB), founded in 2009 by then Malaysian prime minister Najib Razak.

Cognizant to exit Facebook content review contract, 6,000 jobs under threat

Cognizant had about 500 workers in India's southern city of Hyderabad looking for sensitive topics or profane language in Facebook videos

Chile cancels APEC trade summit, climate gathering as Santiago burns

The abrupt move - which came after weeks of riots over inequality in Chile that have left at least 18 people dead - left the Asia-Pacific Economic Cooperation meeting in disarray

Cambridge Analytica scandal: Facebook to pay a 500,000-pound fine to UK

Facebook said it was pleased to have reached a settlement and the company wished it had done more to investigate the claims about Cambridge Analytica in 2015

US Fed cuts key rate by 25 bps, but signals pause in its easing cycle

The Fed said it will 'monitor the implications of incoming information for the economic outlook as it assesses the appropriate path' of its target interest rate

Fed Reserve, $50 billion auto merger plan temper share price pullback

Equity futures signalled a flat to weaker open for Wall Street, after the S&P500 hit a record high, closing lower after the trade deal report .

Boeing CEO admits mistakes in key safety system during 737 MAX crashes

Last week, Indonesia investigators found Boeing failed to grasp risks in the design of MCAS

US Fed expected to cut rate, but resilient economy may signal pause ahead

The Fed is scheduled to release its latest policy decision at 2 pm EDT (1800 GMT)

J&J's own expert working for FDA found asbestos in baby powder sample

J&J's challenge now is to discredit the single test result as erroneous without undermining the reputation

Apple mobilises suppliers to launch its first 5G-compatible iPhones: Report

The three new iPhones will carry a 5G modem chip designed by Qualcomm Inc

Huawei tightens China market hold with 42% share, Apple slips to bottom

Apple's market share in China slipped to 5% from 7% in the year-ago quarter. The July-September quarter marked the iPhone's weakest sales in China in five years

Hitachi, Honda suppliers to merge parts biz to cut EV, self-driving costs

The deal to create Japan's third-biggest auto-parts supplier by sales also marks intensifying consolidation in the country's auto industry, as it struggles to adapt to technological change

Saudi Aramco to keep 4.6 mn barrels of oil in India's Padur reserve: Govt

So far, Abu Dhabi National Oil Co is the only foreign company storing oil in India's strategic reserves, at Mangalore, also in Karnataka

US-China trade deal may not be ready for signing in Chile: Official

White House spokesman Judd Deere said both sides were still working to complete work on the interim deal

Pfizer raises 2019 forecast as sales of cancer drug, heart medicine surge

Excluding special items, Pfizer earned 75 cents per share, topping analysts' average estimate by 13 cents

Wall Street holds steady after S&P hits record; Merck, Pfizer stocks gain

The spread in the yield curve has gainedabout 20 basis points since leaving negative territory, a recession indicator, in early September

Boeing CEO Muilenburg accused of telling 'half-truths' in 737 MAX hearing

The FAA is demanding significant new safeguards to MCAS before the plane can fly again.