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Australia asks what if India is the next China!

Bloomberg India has the potential to boost consumption of everything from copper to iron ore as its economy expands over the next two decades and more people flock to its cities, according to projections from the Australian government that try to fathom whether the country will emulate China. “Like China since the start of this century, India is in the ...

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Sprint, T-Mobile all set for merger

Bloomberg Sprint Corp. and T-Mobile US Inc. are putting the finishing touches on a merger that’s likely to be announced when the wireless carriers report quarterly earnings at the end of October, according to people familiar with the matter. Both sides are conducting final due diligence to decide on the exchange ratio that will determine Sprint’s valuation, said the people, ...

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Nate downgraded to tropical storm

Bloomberg Tropical Storm Nate was heading inland over the southern US states of Mississippi and Alabama after the National Hurricane Center downgraded it from a Category 1 hurricane, the latest in an unusually ferocious storm season that’s racked up billions in damages. With top winds of 70 miles per hour, Nate was moving north-northeast at 23 mph, the hurricane centre ...

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