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Ease of Doing Business for MSMEs: Less than a week after the government declared that retail and wholesale businesses would be reclassified as MSME, the Reserve Bank of India (RBI) has written to banks...
GUANGZHOU, CHINA – Xiaomi, a Chinese smartphone company, will fund $1.2 billion through debt issuance at a time when authorities are tightening down on the country’s IT heavyweights. Xiaomi will issue $800 million in...
PARIS, July 8 – The director of France’s anti-trust watchdog, Isabelle de Silva, said on Thursday that the agency will make a judgement in the coming days on how Google (GOOGL.O) handled copyright conversations...
LONDON, July 8 – Investors shunned risky assets after minutes from the US Federal Reserve’s June policy meeting confirmed it was moving toward tapering its asset purchases as soon as this year. The Australian...
SEOUL, South Korea, July 8 (Reuters) – Samsung SDI Co (006400.KS) of South Korea may develop a battery cell plant in the United States to help the auto industry transition to electrification, according to...
AMSTERDAM/JOHANNESBURG, July 8 – Prosus, Europe’s answer to SoftBank’s Vision Fund, is wagering that its long-term investments can close a valuation gap and establish it as one of the world’s most aggressive technology investors....