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Huawei delays global launch of foldable 5G Mate X by 3 months

Admiral Quixote's Roundtable - Fri, 06/14/2019 - 11:33
The Mate X, a competitor to Samsung Electronics' Galaxy Fold, is now expected to be rolled out globally in September

Adani Green Energy offloads 6% stake, raises Rs 402 cr capital

Admiral Quixote's Roundtable - Fri, 06/14/2019 - 10:50
Adani Green Energy Friday said it has raised around Rs 402 crore through sale of 9.35 crore shares by promoters for maintaining minimum public shareholding norms. Under the norms, at least 25 per cent of the equity should be held by public. Therefore, the company came up with offer for sale (OFS) to offload equity shares. Gautam S Adani & Priti G Adani (on behalf of Gautam S Adani Family Trust) and Gautam S Adani & Rajesh S Adani (on behalf of S B Adani Family Trust) sold 9,35,84,300 shares (cumulatively representing 5.98 per cent of paid-up equity share capital) via an OFS, as per a BSE filing. The floor price for OFS was Rs 43 per equity share. Prior to the OFS, the promoters held 80.90 per cent equity, which was reduced to 74.92 per cent after the transaction concluded Thursday. The OFS opened on June 12, 2019.

Apple may hit $1 trn m-cap again if US, China strike trade deal: Analyst

Admiral Quixote's Roundtable - Fri, 06/14/2019 - 10:45
A resolution of the trade spat at the Group of 20 meeting in Japan at the end of the month could add $20 to $25 per share for Apple in coming months, the analyst said

Dr Lal PathLabs to buy 70% stake in a new firm to strengthen presence in MP

Admiral Quixote's Roundtable - Fri, 06/14/2019 - 10:25
Dr Lal PathLabs' board has approved the signing a binding term sheet for the acquisition

Dr Reddy's sells US rights of branded neurology products to Upsher-Smith

Admiral Quixote's Roundtable - Fri, 06/14/2019 - 09:42
The closing of the transaction is subject to various customary closing conditions including antitrust review under Hart-Scott-Rodino Act of the US government

'Harmful' gender stereotypes in adverts banned

BBC News - Business - Fri, 06/14/2019 - 09:05
The UK advertising watchdog brings in new rule to stop adverts "contributing to inequality in society".

ONGC sells naphtha cargo at $6 a tonne, lowest premium since December

Admiral Quixote's Roundtable - Fri, 06/14/2019 - 08:08
SINGAPORE (Reuters) - India's Oil & National Gas Corp Ltd has sold a naphtha cargo at close to $6 a tonne over Middle East quotes on a free-on-board (FOB) basis, the lowest premium in more than five months, industry sources said on Friday.

Boeing's response to A321XLR will be critical in rivalry with Airbus

Admiral Quixote's Roundtable - Fri, 06/14/2019 - 07:56
Given that the two aircraft manufacturers are bound together in a global duopoly, Boeing may be able to change the dynamics to its advantage

WeWork considering $1.9 billion deal for control of India unit

Admiral Quixote's Roundtable - Fri, 06/14/2019 - 07:47
Adding India to its asset portfolio may benefit WeWork as it preps for its initial public offering

Business & pleasure: How Russian oil giant Rosneft uses its corporate jets

Admiral Quixote's Roundtable - Fri, 06/14/2019 - 07:46
Jets used for corporate travel by Rosneft flew at least 13 times to Mallorca, Ibiza, Sardinia and the Maldives when CEO Igor Sechin or people from his social circle were in the same vacation spots.

Dr Reddy's to sell rights of 2 neurology drugs to Upsher-Smith for $110 mn

Admiral Quixote's Roundtable - Fri, 06/14/2019 - 07:05
Dr Reddy's said it will receive sales-based royalties on a quarterly basis

Hexaware buys US-based Mobiquity for $182 mn to expand cloud offerings

Admiral Quixote's Roundtable - Fri, 06/14/2019 - 06:58
The deal will help Mumbai-based Hexaware gain traction in its banking and pharmaceutical verticals, through Mobiquity's digital products

Now Facebook ad breaks for Marathi, Punjabi, Kannada, Telugu as well

Admiral Quixote's Roundtable - Fri, 06/14/2019 - 06:32
Until now ad breaks were uavailable only in Hindi, Bengali, Tamil and Malayalam

France's Total close to buying 30% in Adani Gas for Rs 5,500 crore: Report

Admiral Quixote's Roundtable - Fri, 06/14/2019 - 04:46
The deal is expected to trigger an open offer to public shareholders of Adani Gas, and Total may end up having a roughly equal stake in the company as billionaire promoter Gautam Adani, the report sai

Mitsubishi Aircraft launches redesigned version of SpaceJet MR70

Admiral Quixote's Roundtable - Fri, 06/14/2019 - 03:31
The SpaceJet M100, the revamped version of the MRJ70, will now have up to 76 seats in a typical US cabin configuration rather than the earlier 69 seats

The super-tough drones and robots going where we can't

BBC News - Business - Fri, 06/14/2019 - 01:12
How do you build unmanned vehicles that can withstand extreme temperatures, pressures and terrains?

Bank Holiday change will 'cost calendar maker £200,000'

BBC News - Business - Fri, 06/14/2019 - 01:01
Calendar maker says it will have to replace the May pages on 400,000 calendars it has already printed.

'You can get your money when you need it'

BBC News - Business - Fri, 06/14/2019 - 01:00
Hundreds of thousands of staff could soon get their salary as they earn it instead of waiting for payday.

China announces hefty fines for unauthorized collection of DNA

Nature Web Focus - Fri, 06/14/2019 - 00:00

Nature, Published online: 14 June 2019; doi:10.1038/d41586-019-01868-2

A new law formalizes restrictions on the collection and use of people's genetic data.

Life’s innovations, the enigma of gravity, and how to feed 8 billion: Books in brief

Nature Web Focus - Fri, 06/14/2019 - 00:00

Nature, Published online: 14 June 2019; doi:10.1038/d41586-019-01897-x

Barbara Kiser reviews five of the week’s best science picks.

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