Klips for 22nd June

India responds to US tariffs, notifies higher duty on almonds, apples

  • India largest importer of almonds from US, almost 50% of all almonds exported by US
  • US wants to reduce $31bn trade deficit with India, hence imposing duties on steel and aluminium imports from India
  • Indian duties to come into effect only from Aug 4, leaving room for negotiations

Intel CEO resigns following ‘past consensual relationship’ with employee

  • Company has strict non-fraternisation policy

Swiggy now a unicorn, valuation >$1bn

  • Raises $210mn in funding round led by Naspers and DST Global

Argentina thrashed 3-0 by Croatia


SEBI eases norms for share buyback, IPOs


Interesting: Jetson’s style food robot launched for burgers

Video: https://youtu.be/CbL_3le40qc
https://techcrunch.com/2018/06/21/creator-hamburger-robot/

Interesting: Chanel reveals its financial numbers for first time in 108 yrs

https://www.bloombergquint.com/business/2018/06/21/chanel-posts-sales-of-almost-10-billion-rivaling-louis-vuitton

Opinion: SoftBank: inside the ‘Wild West’ $100bn fund shaking up the tech world*

https://www.ft.com/content/71ad7cda-6ef4-11e8-92d3-6c13e5c92914

*Paywall possible

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