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Walt Disney to launch streaming service in India on Friday
NEW DELHI (Reuters) – Walt Disney Co <DIS.N> will launch its Disney+ service in India on April 3, the company said on Tuesday, intensifying rivalry with Netflix Inc <NFLX.O> and Amazon.com Inc’s <AMZN.O> Prime Video in a country where demand for online streaming is surging. Disney+ will be launched with local partner Hotstar, one of […]
U.S. February wholesale inventories revised down
WASHINGTON (Reuters) – U.S. wholesale inventories fell more than initially estimated in February and could shrink further as the novel coronavirus outbreak depresses imports. The Commerce Department said on Thursday that wholesale inventories dropped 0.7% in February instead of declining 0.5% as reported last month. Stocks at wholesalers fell 0.6% in January. They declined 1.3% […]
French antitrust regulator fines Apple $1.2 billion
By Mathieu Rosemain PARIS (Reuters) – France’s competition watchdog on Monday fined iPhone maker Apple 1.1 billion euros ($ 1.23 billion), saying it was guilty of anti-competitive behavior towards its distribution and retail network. The fine, the biggest ever levied by the French antitrust body, comes at a time of heightened scrutiny on U.S. tech […]