Netflix pilots $4 mobile plan in India to woo users
Netflix Inc is testing a 250 rupee ($3.63) monthly subscription for mobile devices in India, the video streaming giant said, aiming to boost its presence in a price-sensitive market where data consumption on smartphones is surging.
Futures edge higher after two sessions of declines
U.S. stock index futures edged higher on Tuesday, looking to bounce back from two sessions of declines triggered by pessimism around global growth.
Airbus shares take off after bumper Beijing order
Airbus shares rose on Tuesday after the European planemaker won a deal worth tens of billions of dollars to sell 300 aircraft to China.
China’s Huawei sees little impact on sales from U.S. broadside
(In March 26 story, modifies paragraph 13 to show that Reuters could not independently verify Huawei’s ownership structure; corrects paragraph 20 to show that Huawei is the No. 3 vendor of smartphones)
Spotify to buy third podcast company Parcast
Spotify Technology SA said on Tuesday it has agreed to buy Parcast, the third podcast company it is purchasing in two months, in an ongoing quest to transform itself into the Netflix of audio.
Recession obsession keeps the mood subdued
Calm returned to global markets on Tuesday as a steadier day for Europe and Asia’s bourses and a tick higher in benchmark bond yields helped ease nerves after a jarring few days dominated by recession worries.
Ex-McKinsey chief Gupta says he was in solitary for weeks in U.S. jail
Rajat Gupta, one of the most prominent members of the global financial elite until he was convicted of insider trading in 2012, has revealed he was kept in solitary confinement for weeks during his incarceration in an American federal prison.
Budget carrier AirAsia pulls ‘Get off in Thailand’ ads in Australia
Malaysian low-cost carrier AirAsia Group Bhd. on Tuesday said it had dropped advertisements of flights between Brisbane and Bangkok, after drawing social media criticism that they used a double entendre that promoted sex tourism.
StanChart sees China slowdown, trade war fears receding, eyes digital push
Fears over a slowdown in Chinese economic growth and the impact of the Sino-United States trade tensions are “receding a bit”, the chief executive of London-based bank Standard Chartered, which makes the bulk of its revenue in Asia, said.
Japan market watchdog seeks $1.2 million fine against Citi, alleges JGB manipulation
Japan’s SESC market watchdog said on Tuesday it had recommended a $1.2 million fine against the British unit of Citigroup Inc for alleged manipulation of Japanese government bond (JGB) futures prices.
