On Tuesday, top trade officials from the European Union, the United States, and Japan are set to huddle in Washington to address non-market-oriented trade policies and subsidies by China. According to a spokesman from USTR, U.S. Trade Representative Robert Lighthizer… Read More ›
information technology
Apple to expand operations in India: Indian Information Technology minister
In a statement, India’s information technology minister Ravi Shankar Prasad disclosed, Apple Inc will be expanding its operations in the country. Salcomp, one of Apple’s suppliers, plans on opening a plant near Chennai in southern India. Salcomp, which makes components… Read More ›
S&P Dow Jones and MSCI to update classification system to include tech giants Alphabet, FB, Netflix and others
The update in the classification system is likely to impact investors who track index and ETFs. The MSCI and the S&P Dow Jones Indices have stated that they would overhaul their Telecommunication Services Sector and add Alphabet, Comcast Corp, Facebook… Read More ›
T-Mobile Austria to buy Liberty Global Plc’s UPC Austria unit for $2.25 billion
The deal will enable T-Mobile Austria to better compete with bigger rivals such as A1. Liberty Global Plc stated it would divest its UPC Austria business to T-Mobile Austria, an unit of Deutsche Telekom, for a value of $2.25 billion… Read More ›