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KKR helps call timeout in India’s billionaire dogfight

After a year of bloodletting, India’s telecom industry is on the cusp of a well-deserved breather. But don’t look for the billionaires in this dogfight to declare a truce. Bharti Airtel Ltd., controlled by Sunil Mittal, is still struggling to hold on to price-sensitive customers in smaller cities and towns, whereas Vodafone Plc’s local unit, as well as Idea Cellular ...

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Tepid demand for latest iPhone a concern for Apple

It was always going to be tough to get a handle on the initial sales success of the latest iPhone models. But some early signs are not encouraging for Apple Inc. The latest dour data came from AT&T Inc.. As part of an early disclosure of selected third-quarter financials, the company said the number of its mobile subscribers that had ...

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Dollar gains, Treasuries drop on speculation of Fed Chair

Bloomberg The dollar gained and Treasuries slipped on speculation the next Federal Reserve chairman will be more hawkish, while growing concern about the economic impact of Catalonia’s independence movement sent the euro lower. The S&P 500 Index was little changed. Health-care stocks were among the best performers after UnitedHealth Group Inc. and Johnson & Johnson earnings beat estimates. European and ...

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