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India plans incentives to woo Apple suppliers

Bloomberg India is considering a plan to offer subsidised loans to mobile handset manufacturers in a bid to attract Apple Inc and Samsung Electronics Co’s suppliers to open factories in the nation, said a government official. The proposals by the Ministry of Electronics and Information Technology includes offering interest subsidy on local borrowing by manufacturers, may form part of the ...

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Encana investors approve US move

Bloomberg Encana Corp won investors’ approval to relocate to the US and change its name to Ovintiv, a plan that has dented morale in Canada’s beleaguered energy industry. About 90% of the shares were voted by holders in favour of the plan, Encana said in a statement after a special meeting in Calgary. The company produces oil and natural gas ...

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Tenergie plans ‘share sale’

Bloomberg French solar farm developer Tenergie SAS and a financial partner are considering selling new shares and plan to buy clean power operators to help expand into the wind and hydropower sectors as demand for cleaner energy continues to increase.

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