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Apple shakes up global sales ops for bigger focus on India

BLOOMBERG Apple Inc is reshuffling management of its international businesses to put a bigger focus on India, according to people with knowledge of the matter, a sign of the nation’s growing importance. The shift will mark the first time that India becomes its own sales region at Apple, which has seen demand surge in the country. That will give the ...

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India’s $3bn green borrowing may add longer maturity debt

BLOOMBERG India may sell as much as 250 billion rupees ($3 billion) of green bonds in the next fiscal year and plans to include longer maturity debt to the offering, according to people familiar with the matter. There is a demand for papers of 30- to 40-year tenor, particularly from insurance companies, to fund projects with a longer gestation period, ...

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China’s weak inflation eases pressure on global prices

BLOOMBERG China’s consumer and producer prices remained subdued in February as food and commodities costs eased, suggesting the country’s reopening won’t be adding to global inflation pressures. The consumer price index rose 1% last month from a year earlier, the National Bureau of Statistics (NBS) said, the lowest level since February 2022 and well below estimates. Less volatile core inflation ...

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