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Ukraine offers tax breaks to buyers of state firms

Bloomberg Ukrainian President Volodymyr Zelenskiy offered tax breaks to investors as he seeks to drum up interest in sales of state assets. “Come and we’ll protect your investments,” Zelenskiy said. Five-year holidays for corporate tax will apply to those spending $10 million or more in privatization tenders in 2020 or 2021, he said. Privatization of major assets will start in ...

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Apple to begin building cheap iPhone in Feb

Bloomberg Apple Inc suppliers plan to begin assembling a new low-cost iPhone in February, people familiar with the plan said, as the company looks to address a wider swath of the global smartphone market ahead of its 5G handsets later this year. The Cupertino, California-based company is expected to officially unveil the new phone as early as March, one person ...

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India’s painful double whammy grips more emerging markets

Bloomberg India may be experiencing the most glaring setback among emerging economies, but its double pain of slowing growth and surging inflation is spreading far and wide. While a debate rages over whether the latest data from India points to “stagflation,” a sixth successive quarter of economic deceleration and fifth consecutive jump in price growth are threatening “buy India,” one ...

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