By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) -A new plant making iPhones in southern India has started production and another will begin shipments in May, as Apple ( AAPL ) looks to boost manufacturing beyond its tariff-hit main manufacturing hub, China, sources said. Apple ( AAPL ) is positioning India as an alternative manufacturing base to China as...

April 29 (Reuters) - KKR and Capital Group launched two funds on Tuesday, which would allow retail investors to invest in both public and private credit. The funds, Capital Group KKR Core Plus+ and Capital Group KKR Multi-Sector+, will allocate 60% of their assets to public fixed income and the rest to private credit. Private credit - loans typically made...

09:01 AM EDT, 04/29/2025 (MT Newswires) -- NexPoint Residential Trust ( NXRT ) reported Q1 adjusted funds from operations Tuesday of $0.84 per diluted share, up from $0.83 a year earlier. Analysts polled by FactSet expected $0.64. Revenue for the quarter ended March 31 was $63.2 million, down from $67.6 million a year earlier. Analysts surveyed by FactSet expected $63.4...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...