Business Maverick: Thursday, August 29: Five Things You Need to Know to Start Your Day

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 84%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Business Maverick: Thursday, August 29: Five Things You Need to Know to Start Your Day By Tim Cohentim_cohen

Apple has an insignificant share of the India’s booming smartphone market, thanks to its high prices and hefty import tariffs — but thatnow. After India eased rules on Wednesday that forced companies to source 30% of their production locally, Apple is poised to start online sales of its devices within month’s in the world’s fastest-growing smartphone market, a person familiar with the matter said.

With escalatingdamaging ties between the U.S. and China, New Delhi’s latest investment rules could provide a boost to Apple, allowing it to grow sales in the country and possibly help it reduce its high dependency on China by building out an alternative supply chain in India.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BUSINESS MAVERICK: Bullish sentiment as Naspers readies to list Prosus in AmsterdamIt’s all systems go for the listing of Naspers’ offshoot Prosus on the Amsterdam stock exchange. Given Naspers’ huge size – it’s larger than Anglo American, Standard Bank, FNB, Vodacom and MTN combined – the importance of this listing can’t be understated for SA shareholders. But will the share price take off like a rocket or join the ranks of Uber and Lyft whose listings earlier in 2019 were big disappointments?
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Distell’s African cylinders are firingFor years Shoprite’s Africa operations were the envy of South African business executives following the retailer’s slow and measured investment across the continent. However, as former Shoprite CEO Whitey Basson was fond of saying, Africa is not for sissies as the Africa promise proved slow to materialise. Many SA firms, including Shoprite, Tiger Brands, Woolworths, Consolidated Investment Ltd, suffered as volatile currencies and economies (and questionable investments), retarded their expectations. At first glance, it seemed liquor company Distell was to meet the same fate, but a closer look suggests the opposite is the case.
Source: dailymaverick - 🏆 3. / 84 Read more »

BUSINESS MAVERICK ANALYSIS: Gloves on again, off again in a time-sensitive trade warIt’s hard to keep up with whether US-China trade negotiations are on again or whether they have been dealt a knockout blow. The world’s saving grace may be that both parties have adequate incentive to get a deal on the table, preferably by the end of the year. But the only hope of getting there is if both China and the US leave their toxic negotiating styles at the door.
Source: dailymaverick - 🏆 3. / 84 Read more »