Carl Icahn invests in Apple

Carl Icahn invests in Apple

Activist investor Carl Icahn picked up another $500 million of Apple Inc shares on Thursday to take his investment in the iPhone maker to $3.6 billion, while ratcheting up his months-long campaign to pry open the company’s cash hoard. Icahn, who repeatedly has...
Asia’s Reluctant Partners

Asia’s Reluctant Partners

China’s telecoms equipment giant Huawei this month announced it is increasing the share of Japanese parts in its smartphones from 50 to 70 per cent to boost its competitiveness against Samsung and Apple. This highlights the fact, not well known, that despite the...