What does Finland’s entry into NATO mean for Russia and the European Union? Will the move escalate the security crisis? “ The Lord’s our shepherd”, says the Psalm But just in case, we better get a bomb!’ -Tom Lehrer, Who’s next? The story so far: The strategic geopolitical ambiguity of Finland has finally come to … Read more
“After Steve: How Apple Became a Trillion-Dollar Company and Lost Its Soul” is a genuinely engrossing new book. It follows the paths of two men who shaped the post-Steve Jobs period at Apple: Tim Cook and Jony Ive. This is an opinion column. The thoughts expressed are those of the author. Something is loading. When … Read more
Emirates Telecommunications Group Company PJSC “e&” (Etisalat Group) on Saturday announced the acquisition of approximately 2,766 million shares in Vodafone Group Plc aggregating to $4.4 billion. The shares represent 9.8% of Vodafone’s issued share capital. The transaction is in line with e&’s ambition to be a global player in telecom and technology and to increase … Read more
Shares of Tesla and Twitter have tumbled this week as investors deal with the fallout and potential legal issues surrounding Tesla CEO Elon Musk and his $44 billion bid to buy the social media platform. Of the two, Musk’s electric vehicle company has fared worse, with its stock down almost 16% so far this week … Read more
Saudi Aramco on Wednesday dethroned Apple as the world’s most valuable company as surging oil prices drove up shares and tech stocks slumped. The Saudi Arabian national petroleum and natural gas company, billed as the largest oil producing company in the world, was valued at $2.42 trillion based on the price of its shares at … Read more
Life insurance companies reported a robust 84.2% increase in first-year premium to ₹17,939.62 crore for April on the back of a good show by market leader, the Life Insurance Corporation of India. For LIC, the first-year premium rose 141.3% at ₹11,716.70 crore (₹4,856.76 crore), a development that is bound to bring cheer for the behemoth … Read more
Pointing to a strong demand in the luxury car space, German giant Mercedes-Benz has said that it has pending orders in excess of Rs 3,500 crore in India with over 5,000 cars yet to be delivered, as the company expects to clock its best-ever sales in the country this year on the back of a … Read more
With India and the UK concluding the third round of negotiations for a free trade agreement on Friday, Britain’s whisky industry is looking to get a bigger slice of the Indian market. In an interview with Mint, Scotch Whisky association chief executive Mark Kent said according to its estimates, UK’s share in the Indian whisky … Read more
The government is considering winding up companies with Chinese links under the scanner of the ministry of corporate affairs (MCA). While the probe into the companies which have related-party transactions or liabilities like loans availed from banks or other financial institutions will continue, the view has been to wind up the rest for good, sources … Read more