CHICAGO: US shoppers seeking to avoid the holiday crowds at bricks-and-mortar stores and snare deals on Cyber Monday came face-to-face with traffic jams and product sellouts, with some customers of Target Corp forced to wait in a virtual line.
A faulty component was a "major factor" when an AirAsia plane crashed into the Java Sea, killing 162 people last December, Indonesian officials say.
Bill Gates, the world's richest man, led a group of philanthropists in vowing to plow $2 billion into clean energy through personal investments and a new fund to be set up next year.
MUMBAI Dec 1 The Reserve Bank of India governor said he is focusing on transmission of rate cuts passed earlier this year but added that the central bank remains open to easing rates further.
... * J.K. Shin to cede day-to-day handset business role. * Smartphone business struggling despite product revamp. * Analysts say move does not point to major strategic shift (Updates with comments from analysts, background).