TopicBloomberg wire

Topic: Bloomberg wire

Apple’s success lies in its high-end phones, not its affordable ones

Shira Ovide - August 28, 2018

Apple's lower-end ranges have never made a lasting impression among consumers.

Cancer fighting genetic tool ‘Crispr’ is now being used for improving quality of crops

Bloomberg View - August 28, 2018

US and Europe, however, have contrasting policies on genetically modified crops which could possibly start a costly trade dispute.

Google teams with banks to launch digital lending for India

Saritha Rai - August 28, 2018

The US search giant is set to offer instant, pre-approved loans to customers right within Google Pay in a matter of seconds.

China may look to India for supplies amid trade war with US

Shruti Srivastava - August 28, 2018

India draws list of more than 40 export products to replace or capture the US trade market share with China.

China’s superpower potential could fizzle out before it’s fully realised

Marc Champion - August 28, 2018

Measuring China's growth through a Western rubric is proving inadequate for a country that wants to be "anything but America".

Asia’s richest banker Uday Kotak may acquire rivals after RBI rebuff

Anto Antony - August 28, 2018

Buying another financial firm may be the most palatable way for the tycoon to bring his stake in Kotak Mahindra Bank below 20 per cent.

Facebook & Google are in a frenzy chasing India’s $1 trillion online payment market

Saritha Rai - August 28, 2018

While India's digital payments market will touch $1 trillion only by 2023, China’s current mobile payments market stands at $5 trillion.

Billionaire Adani nearing acquisition of GMR power plant

George Alexander - August 27, 2018

Adani Power Ltd will reportedly take over about 38 billion rupees of loans out of a total of 58 billion rupees that GMR Chhattisgarh Energy Ltd owes.

A stake in company behind Paytm will be Warren Buffett’s first foray into Indian startups

Saritha Rai - August 27, 2018

Buffett's Berkshire Hathaway is set to acquire a stake in One97 Communications Ltd, valuing the target at more than $10 billion.

Stressed loans worth Rs 3.6 trillion to be scrutinised on account of deadline set by RBI

Anurag Joshi - August 27, 2018

This marks the latest attempt by RBI to clean up banks that are suffering from the world’s worst bad-loan ratios, ahead only of Italy.

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Topic: Bloomberg wire

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