Page 1416 - Reuters/umtmi

Record handset sales boosts Huawei profit amid espionage allegations

The Chinese tech giant reported a net profit of 59.3 billion yuan for 2018, up 25 per cent from a year ago, slightly slower than a 28 per cent rise in 2017

Boeing 737 Max grounding led to steep rise in airfares in India: Fitch

There is limited flexibility for airlines to switch to alternatives from Airbus or Boeing, said Fitch

Lessors to Jet plan to de-register many more planes in coming days

About six of Jet's lessors are likely to apply to the Directorate General of Civil Aviation (DGCA) to de-register up to 15 of the grounded planes, over the next 10 days

BOI to sell 25% stake worth $160 mn in Star Union Dai-ichi Life Insurance

BOI has a 28.96 per cent stake in the joint venture, while Union Bank of India and Dai-ichi Life owns 25.10 per cent and 45.94 per cent, respectively

US granted waivers to only 6% of those subject to Trump travel ban

The travel ban blocks citizens of Iran, Libya, North Korea, Somalia, Syria and Yemen, as well as some Venezuelan officials, from obtaining a broad range of US immigrant and non-immigrant visas

Jet lenders to push forward with rescue plan but no clarity on interim loan

Jet, India's oldest private carrier, has been saddled with more than $1 billion in debt, compounding its financial woes and forcing it to ground more than two-thirds of its fleet.

Pentagon says debris from India's ASAT expected to burn up in atmosphere

India used an indigenously developed ballistic missile interceptor to destroy one of its own satellites at a height of 300 km (186 miles), in a test aimed at boosting its defences in space.

Bitcoin trading volume drops to a two-year low in March: Report

Bitcoin volume in the top five digital currency exchanges totalled $2.14 billion last month, the lowest since April 2017 when volume was just $845.7 million

Avolon seeks to de-register 2 planes leased to Jet, woes deepen for airline

Avolon, one of the world's biggest aircraft lessors, applied to de-register two planes it had placed with Jet Airways Ltd, making it the first lessor to do so on a non-consensual basis

US sets 2025 target for China to fulfil trade promises, says report

Trade talks between the two sides made "good headway" last week in Beijing and aim to bridge differences during talks that could extend beyond three days this week

Oil prices set for biggest Q1 gain since 2009 on US sanctions, OPEC cuts

For both futures contracts, the first quarter 2019 is the best performing quarter since the second quarter of 2009 when both gained about 40 per cent

Perfect disrupter: Rahul's' basic income promise may spell bad news for BJP

Even if 4-5 per cent of voters go in favour of the Congress, it will be a big disaster for the BJP, say experts

US charges Facebook with racial discrimination in targeted housing ads

'Facebook is discriminating against people based upon who they are and where they live'

India says space debris from anti-satellite test will 'vanish' in 45 days

The US military's Strategic Command says it's tracking more than 250 pieces of debris from India's missile test.

Bullish bets on Indian rupee rise ahead of Lok Sabha elections 2019: Poll

The confidence rode on brightening re-election prospects of Prime Minister Narendra Modi and his ruling Bharatiya Janta Party, translating into inflows of $5.99 billion so far this year into equities.

Infosys to buy 75% stake in ABN AMRO's mortgage services arm for $143.5 mn

ABN AMRO will continue to hold the remaining 25 per cent stake in Stater, which operates in the Netherlands, Belgium and Germany

Honda, Hino to join SoftBank, Toyota's self-driving car service venture

Japanese tech and telecoms conglomerate SoftBank and Toyota formed the joint venture last year. It will foray in the ride-sharing sphere that is dominated by Uber, Didi Chuxing and Lyft

Talc cancer trial; New Jersey jury finds J&J not liable; co settles 3 cases

J&J, which faces some 13,000 talc-related lawsuits nationwide, denies that its talc causes cancer, saying numerous studies and tests by regulators worldwide have shown its talc to be safe and asbestos

Thailand's opposition parties form alliance, demand junta step aside

The post-election standoff could raise tension just as the Southeast Asian country prepares for the elaborate coronation of its new king in May.

Theresa May says she will quit if her Brexit deal is passed: Lawmaker

Theresa May's announcement is the latest dramatic turn in the United Kingdom's three-year Brexit crisis.