Recent Posts

China’s top phone makers to challenge Apple on home turf

Bloomberg China’s top smartphone makers are ready to challenge Apple Inc. on its home turf after trouncing the iPhone maker in their own market. Huawei Technologies Co. and Xiaomi Corp. are in talks with US wireless operators about selling flagship smartphones to American consumers as soon as next year, according to people familiar with the matter. The handset makers are ...

Read More »

Republicans’ tax delusion

Last June, the center-left government in Sweden proposed cutting the country’s top corporate tax rate, already a below-the-international-average 22 percent, to 20 percent. The rate cut would be offset by a set of limitations on the deductibility of interest, so overall the Swedish government — currently running a fiscal surplus of more than 1 percent of gross domestic product — ...

Read More »

KKR’s margarine binge will need more ingredients to work

At the eleventh hour, KKR & Co. has clinched what is likely to be Europe’s biggest leveraged buyout of 2017. The US private equity firm’s 6.8 billon-euro ($8 billion) agreement to buy Unilever NV’s spreads business will need some full-fat ingredients to generate a decent return. The Anglo-Dutch consumer giant put the business on the block in April after Kraft ...

Read More »
Send this to a friend