BusinessLatest Business and Company Updates
Apple begins assembling iPhone SE in southern India plant | Reuters
MUMBAI Apple Inc has begun assembling its low-priced iPhone SE at its contract manufacturer's plant in the technology hub of Bengaluru in southern India, the company said in a statement.
Region
Unilever shares tumble 8 percent after Kraft ditches bid
LONDON Shares in Anglo-Dutch consumer goods group Unilever (ULVR.L) (UNc.AS) dropped 8 percent on Monday after U.S. rival Kraft Heinz Co (KHC.O) abruptly ditched its surprise $143 billion merger proposal. Backed by Warren Buffett and the private equity firm 3G,
China upset as Obama bars Fujian buying Aixtron's U.S. business
BEIJING China's Foreign Ministry expressed displeasure on Monday after President Barack Obama blocked a Chinese investment fund from acquiring the U.S. business of German semiconductor equipment maker Aixtron (AIXGn.DE).Obama's executive order barring China's Fujian Grand Chip Investment Fund (FGC) from
McDonald's fourth-quarter U.S. comparable sales fall less than expected
McDonald's Corp's (MCD.N) U.S. comparable restaurant sales fell less than analysts had expected in the fourth quarter as strong demand for its all-day breakfast brought more people to its restaurants.The operator of the world's largest fast-food chain posted overall quarterly
