Netflix held an IPO 15 years ago. Then, the company was valued at $ 300 million, and the giant’s current market value approached $ 68 billion. Netflix shares have grown almost 13,000% since the moment they entered the stock exchange, and market capitalization climbed by 22,000%. What is the secret...

To better allow the import mobile handset components intended for use in local manufacturing tax free, the Indian government has offered to allow Apple Inc certain concession, reported the news agency Reuters quoting a top government official.   Increasing of the local value addition over a...

The market value of Apple is close to total capitalization of the five largest Chinese banks - China Construction Bank, Agricultural Bank of China Ltd., Industrial and Commercial Bank of China Ltd., Bank of Communications and the oldest Chinese bank, Bank of China Ltd. Each of them is listed among...

Driven by global political uncertainty and key developments within the cryptocurrency world, Bitcoin broke through the $1,900 mark for the first time on Friday.   According to Coindesk's bitcoin price index, the digital currency had moved as high as $1934.24 and was trading at around...

In what is being touted as General Motors Co’s latest steps in a strategy of focusing cash and engineering effort on fewer, more profitable markets, the car maker plans to quit selling vehicles in India by the end of this year and will sell operations in South Africa.   In order to...

Deloitte Real Estate reports that the percentage of vacant office space in central London has risen sharply over the past year. According to experts, this was facilitated, on the one hand, by the large volume of construction of new office buildings in the last year and a half, and on the other hand...

As Apple Inc looks to tap the strong debt markets in Europe, even as it maintains a cash pile of over $250 billion, it issued a dual-tranche euro-denominated bond on Wednesday.   Reuters publication International Financing Review (IFR) said that order books for the bonds have surpassed 5...

Quality watchdogs find fault with VW’s “Golf and Sagitar cars”. The Chinese joint venture of Volkswagen AG, FAW-Volkswagen Automobile Co Ltd, is going to make a recall of “577,590 Golf and Sagitar cars” as a result of defect in “a headlight fuse” which may cause “safety risks” related issues,...

As Thermo Fisher Scientific Inc looks to become a one-stop shop for contract drug development and manufacturing, the company has said that it would buy Dutch drug ingredients maker Patheon NV.   A premium of about 35 percent to Patheon's Friday close is represented by the offer price of $35...