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China's Yonghui Superstores, Bain to buy US-based Daymon for $413 mln

HONG KONG, Jan 18 China's supermarket chain operator Yonghui Superstores Co Ltd said it would team up with Bain Capital Private Equity to buy U.S. retail services group Daymon Worldwide Inc for $413 million.

Hong Kong has "no room" for independence from China - HK leader

HONG KONG, Jan 18 Hong Kong's chief executive said on Wednesday in his annual policy blueprint that the city couldn't become independent or separate from China.

9:00am IST

Toshiba in talks to sell chip business stake to Western Digital - source

TOKYO, Jan 18 Toshiba Corp is in talks to sell a minority stake in its flash memory business to U.S. chips business partner Western Digital Corp in a bid to boost its capital base, a source briefed on the discussions said on Wednesday.

8:59am IST

UPDATE 3-Australia says suspended MH370 search could resume in future

* Australia says "credible new evidence" needed to restart search

8:40am IST

Brazil's Odebrecht settling bribe cases in 12 countries

BRASILIA, Jan 17 Brazil's largest engineering conglomerate Odebrecht SA plans to reach settlements in all 12 countries where it has admitted to paying bribes to obtain contracts, two sources with knowledge of the matter told Reuters on Tuesday.

8:14am IST
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