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Apple''s market cap could reach $900 bn post $1,000 iPhone launch Apple''s market cap could reach $900 bn post $1,000 iPhone launch

Apple`s expected launch of its $1,000 iPhone this year would give it market capitalisation of nearly $900 billion, making it the first company ever with such a mammoth valuation.

High-profile Snap stakeholders revealed in filings

Some of the biggest US mutual and hedge funds, including Daniel Loeb`s Third Point and Daniel Och`s Och-Ziff Capital Management, owned stakes in Snap Inc, parent of the wildly popular Snapchat messaging app.

ArcelorMittal Q1 Net at $1 bn; debt rises to $12.1 bn

The world's largest steelmaker ArcelorMittal on Friday reported a net profit of USD 1 billion for the quarter ended March 31, 2017 but reported a rise in net debt to USD 12.1 billion during the period.

Samsung Electronics creates new contract chip manufacturing division Samsung Electronics creates new contract chip manufacturing division

Tech giant Samsung Electronics Co Ltd said on Friday it has formed a new division within its semiconductor business for contract chip manufacturing in a move to strengthen its competitiveness.

Twitter CEO terms Trump tweets ''important'' Twitter CEO terms Trump tweets ''important''

Twitter CEO Jack Dorsey has termed the tweets of US President Donald Trump as "really important" saying it is crucial to hear from him directly for accountability`s sake.

Snapchat reports mere 166 mn daily users, growth nosedives

It wasn`t the day Snap Inc -- the parent company of Snapchat -- had planned. In its first quarterly earning report after going public in March, the company saw growth slipping to its lowest in the past two years, reporting 166 million users at a growth rate of a mere 5 percent.

Learn from Sino-Indian trade ties, Pakistan told

A leading Pakistani newspaper on Thursday urged the government to learn how China and India have deepened their trade ties despite some persisting bilateral problems.

'Adani to decide on investment in Australia coal mine soon' 'Adani to decide on investment in Australia coal mine soon'

Indian energy giant Adani on Thursday said a final investment decision on its 21.7 billion dollar Carmichael coal mine project in Australia's Queensland state was expected within this month.

Microsoft is successful because it gives back to communities: Nadella

Nadella stressed on creating local opportunities in the countries where a company operates.

Samsung Electronics names new mobile marketing chief in delayed reshuffle Samsung Electronics names new mobile marketing chief in delayed reshuffle

Samsung Electronics Co Ltd on Thursday named a new head of mobile marketing and a new China chief as part of an executive reshuffle designed to prevent a "decline" in momentum following the arrest of its vice chairman.

In uncertain H1-B times, US firm targets Indians with EB5 - the ''Golden Visa'' In uncertain H1-B times, US firm targets Indians with EB5 - the ''Golden Visa''

As confusion looms over the future of the H1-B visa programme, an investment-facilitating firm is targeting rich Indians with the EB5 visa, popularly known as the "Golden Visa", that promises a faster route to US citizenship.

'IMF could be on board for Greek bailout'

Slovak Finance Minister Peter Kazimir suggested on Wednesday that the International Monetary Fund was on board for financing Greece's third bailout.

Apple tops $800 billion market cap for first time Apple tops $800 billion market cap for first time

Apple Inc became the first US company to top the $800 billion mark in market capitalization.

Macron victory is 'good news' for trade-reliant Asia: IMF Macron victory is 'good news' for trade-reliant Asia: IMF

Emmanuel Macron's victory in the French presidential election is "good news" for trade-reliant Asia as it eases fears of rising protectionism in Europe, the International Monetary Fund (IMF) said on Tuesday.

 

Apple's market cap crosses $800 billion for first time Apple's market cap crosses $800 billion for first time

In yet another milestone, Apple's market capitalisation briefly soared past $800 billion threshold, making it the first company ever with such a mammoth valuation.

Macau launches facial recognition checks at ATMs

Semi-autonomous Macau has already taken steps to help stop cash flows from the mainland as Beijing seeks to curb capital flight due to a struggling yuan.

Global stocks, euro dip as Macron win shifts focus to economy Global stocks, euro dip as Macron win shifts focus to economy

European equities dipped, with French shares, which hit 9 1/2-year highs on Friday, underperforming the wider market.

China's April trade growth slows as commodities, electronics demand cools

China`s April imports rose 11.9 percent, cooling from March`s 20.3 percent rise, official data showed on Monday, and missing analysts` expectations for an 18 percent rise.

Oil prices rise on expectation of output cut extension Oil prices rise on expectation of output cut extension

Brent crude futures were at $49.82 per barrel at 0323 GMT on Monday, up 72 cents, or 1.47 percent, from their last close.

Euro hits 6-month high, world stocks firm after Macron wins French presidential election Euro hits 6-month high, world stocks firm after Macron wins French presidential election

The euro hit a six-month high against the dollar on Monday while Asian shares gained and US stock futures briefly touched a record high, on investor relief after centrist Emmanuel Macron comfortably won the French presidential election.