Apple shares down after Beijing restricts iPhone use iPhone maker set for biggest twoday drop since Nov Tensions between US and China have risen in recent months US House panel chair blasts China39;s move Sept 7 Reuters Beijing39;s widening curbs on iPhone use by government staff raised concerns among U.S. lawmakers on Thursday and fanned […]

BEIJING, Sept 8 Reuters China39;s Huawei Technologies on Friday started presales for its Mate 60 Pro smartphone, adding a new version to a series that has captured global attention for revealing the Chinese tech firm39;s success in beating back against U.S. sanctions. With no prior advertising, as it did for the launch of the Mate […]

NEW YORK, Reuters SoftBank Group Corp39;s Arm Holdings Plc on Thursday told potential investors in its roughly 5 billion initial public offering that cloud computing expansion and royalty revenue represented major growth areas for the chip designer. In a gathering of more than 100 investors at one of New York39;s most luxurious hotels, Arm Chief Executive Rene […]

BENGALURU, Sept 8 Reuters Indian wires and cables maker RR Kabel has priced its initial public offering IPO between 983 rupees and 1,035 rupees, according to a newspaper advertisement on Friday, valuing the offering at around 19.64 billion rupees 236.19 million. The Mumbaibased company, backed by private equity firm TPG, will issue new shares worth […]

Sept 8 Reuters Alchemy Copyrights has agreed to buy music copyrightfocussed investment firm Round Hill Music Royalty Fund for about 468.8 million, the companies said on Friday, giving it access to songs including Backstreet Boys39; I Want It That Way. Shareholders in Round Hill Music will get 1.15 in cash per scheme share, representing a premium […]

LONDON, Sept 8 Reuters A Londonlisted special purpose acquisition company has moved closer to launching a vehicle designed to give investors access to the Lloyd39;s of London insurance market, according to a statement on Friday. Financial Acquisitions Corp said it had established London Innovation Underwriters Limited LIU, as part of a plan to deploy funds […]