Reuters
Manufacturing
Vedanta's Agarwal to raise stake in Anglo American for $2 bn
Volcan Investments, the family trust of the chairman of diversified miner Vedanta, on Wednesday said it was increasing its stake ......
TMT
Google inks $1.1 bn deal to buy part of HTC's smartphone biz
Alphabet Inc’s Google said it would pay $1.1 billion in cash to acquire the division at Taiwan’s HTC Corp that ......
TMT
Google's Waymo seeks $2.6 bn from Uber for a single trade secret
Alphabet Inc’s Waymo unit is seeking about $2.6 billion from Uber for the alleged theft of one of several trade ......
Economy
US Fed keeps rates steady, to start reducing bond holdings
The U.S. Federal Reserve left interest rates unchanged on Wednesday but signalled it still expects one more increase by the ......
Finance
Govt considering steps to revive economy, says finance minister Jaitley
India is considering ways to revive its slowdown-hit economy and will unveil the “necessary” steps once Prime Minister Narendra Modi ......
Consumer
How $5 bn debt demolished Toys ‘R' Us and bled marquee PE owners Bain, KKR
Toys “R” Us Inc has been making $400 million in interest payments on its debt every year, largely due to ......
Manufacturing
Tata Steel, Thyssenkrupp sign initial pact for European steel merger
Germany’s Thyssenkrupp and India’s Tata Steel struck a preliminary deal on Wednesday to merge their European steel operations in a ......
TMT
Uber reviews Asia business amid US bribery probe
Uber Technologies Inc, which is the subject of a federal probe into whether it broke bribery laws, has started a ......
Finance
Higher M&A fee helps I-bank Jefferies double Q3 profit
US investment bank Jefferies Group LLC's third-quarter profit more than doubled as it earned more from advising on debt and ......
People
Goldman Sachs names new chairman for Asia Pacific
Goldman Sachs Group Inc has named veteran banker Ken Hitchner as its new chairman and chief executive officer in Asia ......
