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Johnson heads to New York, but he can’t escape Brexit

Boris johnson meets with military service chiefs in london

Bloomberg Boris Johnson heads to New York on Sunday for his first United Nations General Assembly as prime minister. But even on the other side of the Atlantic, he won’t be able to escape Brexit. According to a statement from Johnson, his two-day schedule will see him “raising three crucial issues” — the crisis in the Middle East, climate change, ...

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‘I’ve been working’ on the economy: India minister

Bloomberg India’s Finance Minister Nirmala Sitharaman defended her handling of the economy, following criticism on Twitter by a corporate leader on the lack of fiscal measures to support growth. “As Finance Minister — you might’ve observed — I’ve been working on and regularly speaking about measures we’ve been taking on matters of the economy,” Sitharaman said via Twitter, responding to ...

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China phone maker Shenzhen prices IPO in sky-high multiple

Middle china phone maker transsion copy

Bloomberg Shenzhen Transsion Holdings Co, a Chinese handset maker largely unknown outside of Africa, has priced its initial public offering at double the valuation of Apple Inc. Transsion, whose mobile handsets outsell iPhone and Galaxy smartphones in Africa, is going public on Shanghai’s Nasdaq-style Star Board, setting its IPO at 35.15 yuan a share, implying a trailing earnings multiple of ...

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