Rockwell Collins shares jump as China approves United Technologies deal

Rockwell Collins shares jump as China approves United Technologies deal

Simon Dawson | Bloomberg | Getty Images A United Technologies Corp. Pratt & Whitney PurePower PW1000G engine. United Technologies received a key antitrust approval from China on Friday for the industrial giant’s purchase of aircraft parts maker Rockwell Collins. Rockwell Collins shares jumped 9.2 percent in trading, closing at $141.63 a share, while United Technologies’ stock rose 2.7 percent to $129.04 a share. Shareholders were concerned that the deal would become a victim of the trade war between United States and China since the Chinese government’s decision was delayed from…

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Govt approves relief package for debt-ridden telecom sector

Govt approves relief package for debt-ridden telecom sector

India’s telecom industry is highly stressed due to intense competition from new entrant Reliance Jio and spectrum auction payments. Photo: Indranil Bhoumik/Mint New Delhi: The government on Wednesday approved a relief package for the stressed telecom sector, easing spectrum-holding caps and extending the payment period for spectrum acquired in auctions to 16 years from 10 years. While the change in spectrum caps is expected to aid telecom sector consolidation, allowing operators to settle their dues to the government over a longer time period will boost cash flows of operators. The earnings…

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meals And Drug management(FDA) Approves device That Drains food out of your belly

meals And Drug management(FDA) Approves device That Drains food out of your belly

The most sudden issue about the meals and Drug management’s approval of the weight problems-control device called AspireAssist may be how little mainstream interest it attracted. due to the fact, frankly, a 391f28ade68635a26d417ea25e9ae9c1 gadget that helps you to devour all you want and then drains the food out of your belly is a pretty startling invention.AspireAssist works like this: In a fifteen-minute outpatient method, a general practitioner implants a tube into a patient’s belly. The tube is attached to a valve that lies flush towards the skin of the abdomen….

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