August 03, 2020 17:12 (IST)
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Assam govt issues fresh guideline for Unlock 3.0, inter-district movement allowed only on Monday, Tuesday | UP Minister Kamal Rani Varun dies due to COVID-19 | India's COVID-19 tally crosses 17 lakh mark with over 54,000 cases in last 24 hrs | India, China to hold fifth round of commander-level talks today | Crane crashes in Visakhapatnam shipyard, 8 killed

India's Tata Motors denies reports of JLR unit stake sale

Shares in India's Tata Motors rose nearly 4 per cent on Friday on reports that it's exploring options for its ailing luxury car unit Jaguar Land Rover, including a possible minority stake sale.  As David Pollard reports, Tata said there was 'no truth to the rumours' of a divestment.

Comcast offers to buy Fox media assets for $65 bln in cash

Comcast offered $65 billion for Twenty-First Century Fox media assets, emboldened by AT&T prevailing over the Trump administration's attempt to block a merger with Time Warner. Roselle Chen reports.

Toshiba sets share buyback following chip unit sale

Toshiba has unveiled a higher-than-expected $6.3 billion stock buyback that sent its shares up as much as 11 percent, as the Japanese firm followed up on a pledge to share proceeds from an $18 billion sale of its memory chip business.  Laura Frykberg reports.

Misfit’s latest hybrid watch ‘Path’ goes on sale

New Delhi: Smartwatch maker Misfit’s latest hybrid watch ‘Path’ went up for sale through company’s website on Wednesday. The Path is the smallest watch by Misfit ever. The watch is available in four colours, stainless steel, rose gold, gold, and stainless steel at a price of $149.99.  The hybrid watch is targeting customers who want to own a smartwatch without worrying for constant charge. Path first debuted at CES in January this year. It’s water-resistant up to 50 meters. However, the Path misses out having a screen.

Largest charity auction lots displayed in Beverly Hills

Works by Monet and Picasso owned by the Rockefellers are displayed in Beverly Hills ahead of what's described as the biggest charity auction in history. Rough Cut - no reporter narration

Walmart edges closer to buying majority of Flipkart

Walmart Inc is likely to reach a deal to buy a majority stake in Indian e-commerce player Flipkart by the end of June in what could be the U.S. retail giant's biggest acquisition of an online business, two people with direct knowledge of the matter said.

Xiaomi Mi TV 4, Mi TV 4A up for Flash Sale today via Flipkart, Mi.com

New Delhi: Xiaomi Mi TV 4 and Mi TV 4A models will be up for flash sale in India on Friday. The flash sale will start at 12pm IST on Flipkart and the official Xiaomi website. Buyers can also head to Mi Home stores to snag a unit. Xiaomi TVs offer over 500,000 hours of content, of which 80 percent will be free content from its partners like Hotstar, Voot, Voot Kids, Sony Liv, Hungama Play, Zee5, Sun NXT, ALT Balaji, Viu, TVF, and Flickstree.

China's Tencent loses $51 bln in market value

China's Tencent Holdings has lost $51 billion in market value over two sessions, after the internet firm's largest shareholder, Naspers, said it would lower its stake for the first time in 17 years.  Ciara Lee reports.

Macy's same-store sales top expectations, shares jump

Macy's reported higher-than-expected same-store sales growth for the fourth quarter and forecast a return to annual comparable sales growth in 2018, sending shares higher. Aleksandra Michalska reports.

Trump sends Uncle Sam on a borrowing spree

The U.S. Treasury on Thursday completed the second-largest debt sale over a three-day period in borrowing history as it looks to fund President Trump's tax overhaul and budget deal. Conway G. Gittens reports.

Maersk profit miss puts CEO's route under scrutiny

A.P. Moller-Maersk's decision to focus on transport and jettison oil was put under pressure on Friday as the world's largest container shipping firm missed profit forecasts. Ciara Lee reports