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US, China to further talks on cloud access in trade deal

Bloomberg US and Chinese negotiators are discussing adding a concession on cloud computing to their trade agreement that would give foreign companies greater access to the $12 billion Chinese market, people familiar with the talks said. Chinese officials called a meeting this week with representatives of companies including Microsoft Corp, Apple Inc and Amazon.com Inc to talk about the proposal ...

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India court examines jet deal in blow to PM

Bloomberg India’s top court will review fresh evidence in the multi-billion dollar purchase of French warplanes, a potential setback to Prime Minister Narendra Modi a day before the start of national elections. A three-judge bench headed by Chief Justice of India Ranjan Gogoi said the Supreme Court will further hear petitions alleging corruption in a deal to buy 36 Rafale ...

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ShopBack wins $45m in Rakuten-backed round

Bloomberg An Asian rewards app that works with Alibaba Group Holding Ltd and major online brands has snagged $45 million from Japan’s Rakuten Capital and other investors. Rakuten Capital and EV Growth are leading the investment round for ShopBack, which offers cashback and other rewards for a plethora of names from Airbnb and Foodpanda to Booking.com and Alibaba’s Taobao. The ...

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