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Hughes India arm fears closure over dues; banks may be at risk: Letter

Hughes' India unit provides services to defence, education and banking sectors in the country

Coronavirus to shave 10 bps from global growth: IMF's Kristalina Georgieva

China has said it could still meet its economic growth target for 2020 despite the epidemic

The ECB wants to talk to you about inflation. But will it listen?

Just last October her predecessor, then President Mario Draghi, had expressed his reservations about communicating with the public at large rather than finance aficionados

USFDA approves Danish drugmaker Lundbeck's migraine prevention therapy

As Lundbeck enters the crowded market, it hopes to carve a niche for itself through its dosing frequency

Researchers seek clues to head trauma in brains of dead athletes

The VA-Boston University-Concussion Legacy Foundation Brain Bank in Boston houses 850 human brains

Buffett defends investments in stocks, which fueled record Berkshire profit

Berkshire also reported record net income for the year of $81.42 billion, reflecting enormous gains in its common stock holdings

Optimism, expectations mark first day of violence cut period in Afghanistan

Many Afghans said they were anxious about what might come next

Revolutionary Guards make early gains in restricted Iran election

In some constituencies, where candidates failed to get 20 percent of votes cast on Friday, a run-off election will be held in April

China reports fall in new virus cases but concerns grow over rising spread

In total, China has reported 75,569 cases to the WHO, and 2,239 deaths

Wells Fargo to pay $3 bn to US for settling cases in fake-accounts scandal

The agreement resolves the civil and criminal liability regarding Wells Fargo's fake-accounts scandal

Boeing finds debris in fuel tanks of many undelivered 737 MAX jets

The Federal Aviation Administration (FAA), when asked about the debris, said it could not confirm Boeing's numbers

Let's come together to tax tech cos, say G20 officials eying $100 bn boost

The taxing of digital firms and the effect of the coronavirus outbreak on the global economy are among the hot topic for G20 financial leaders

Make in India push has made trade talks more difficult: US officials

Apart from growing protectionism, the Trump visit comes against the backdrop of India's multibillion-dollar purchase of a Russian missile shield system

US lawmakers to Introduce Bill that threatens encryption on tech platforms

Online platforms are exempted from letting law enforcement access their encrypted networks

Aramco to win unconditional EU clearance for $69 billion SABIC deal

Riyadh-headquartered SABIC, the world's fourth largest petrochemicals group, has operations in over 50 countries

Too early for accurate figures on coronavirus impact on global growth: IMF

The IMF said last month global growth is projected to rise from an estimated 2.9 per cent in 2019 to 3.3 per cent in 2020

Inside the Philip Morris campaign to 'normalise' a tobacco device

The marketing strategy mimics that of tobacco companies in the mid-20th century, when they started associating cigarettes with Hollywood and high society

Firms in pharma supply chain develop system to track counterfeit drugs

Medicines identified as counterfeit may be contaminated, contain the wrong ingredient, or have no active ingredient at all

Wall Street slides as data shows early business impact of coronavirus

Declines on Friday were led by heavyweights Microsoft Corp, Amazon.com Inc and Apple Inc for a second straight day

Palm posts second weekly fall on demand worries, despite rising exports

The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange closed up 32 ringgit, or 1.23%, at a settlement price of 2,622 ringgit ($626.25)