Page 523 - Bloomberg/reuters

Apple cuts iPhone 14, iPhone 14 Plus output by 3 mn units as demand wanes

Apple previously cancelled plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize

After firing half of Twitter's workers, Musk now asks some to return

Some of those who are being asked to return were laid off by mistake, according to two people familiar with the moves

All eyes on Buffett, Son India stakes as Rs 1.15-trillion lock-ups end

While high-profile tech IPOs have met with strong demand from the growing herd of retail investors, market pros have been more neutral on the stocks

Austrian theory of business cycle is key to explain upcoming Recession

One reason the current economic situation is so fraught is that world is facing 3 kinds of business-cycle mechanisms at the same time. First 2 are well-known, but the third - Austrian theory is not

Ukraine's President Zelensky wants Iran punished for helping Russia

"If it was not for the Iranian supply of weapons to the aggressor, we would be closer to peace now," Zelensky said Sunday evening in his daily address

Twitter fires more than 90% of India staff, leaving just a dozen

India is a key growth engine for global internet companies such as Twitter, Meta Platforms Inc. and Alphabet Inc.'s Google, which are relying on its large potential pool of new online users

Paytm, Nykaa among tech stocks under watch as lock-in period ends

Lock-ups end in November for four consumer-focused tech stocks, which have all slumped in the past month

Investcorp plans major ramp up of India assets to $5 billion: Alardhi

The Middle East firm expects to reach $5 billion of assets in India in the next five years, up from just over $600 million currently, or 1.5% of the $42.7 billion in assets managed by Investcorp

China's daily Covid cases jump to six-month high as outbreaks flare

The country reported 5,436 cases for Sunday, up 27% from the day before to the most since May 2, when Shanghai was in the midst of its months-long lockdown.

Following Federal Reserve goes out of fashion in 'messier' world economy

Bank of England the latest to push back against hawkish bets; Fed seen as most aggressive, driving record gains for dollar

Rishi Sunak offers UK's allies cause for hope but Tory dangers linger

It's an approach that ought to suit Sunak, Britain's youngest prime minister in more than two centuries, who came to politics via a career in finance and an MBA from Standford in California

Methane clouds spotted in China's northeast by high-resolution satellite

Methane is the primary component of natural gas and responsible for about 30% of the Earth's warming. Leaks can occur during extraction and transport of the fossil fuel

Pfizer's Paxlovid antiviral lowered long-Covid risk, suggests study

The research, based on an analysis of electronic health records in databases maintained by the Department of Veterans Affairs, suggests that wider use of Paxlovid won't just stave off critical disease

Peak in bond yields that appeared close has now vanished from sight

For the moment, investors remain convinced that the Fed is on a course that ultimately will bring the economy to its knees

What to expect in UK Chancellor Jeremy Hunt's plan to fix fiscal hole

Prime Minister Rishi Sunak's finance minister is trying to identify £50 billion ($56 billion) of spending cuts and tax increases to get debt falling as a proportion of gross domestic product

Biden slams Musk's Twitter buy, says platform responsible for spewing lies

"There's no editors anymore," Biden added. "There's no editors. How do we expect kids to be able to understand what is at stake?"

Donald Trump gets extension to next week to comply with Jan. 6 subpoena

''We have informed the former president's counsel that he must begin producing records no later than next week and he remains under subpoena for deposition testimony starting on Nov. 14th''

Job cuts at Twitter spur concerns about US midterms, human rights

Product and engineering teams were gutted by well over 50%, according to two sources, and other groups - like communications, marketing, human rights and diversity - were almost completely eliminated

As job cuts begin at Twitter, Elon Musk decries 'massive' sales drop

The global workforce reductions are expected to affect 3,700 jobs - about half of the company.

Lawyer suing Twitter over layoffs says Elon Musk trying to comply

Attorney Shannon Liss-Riordan said she "will be monitoring the situation" at Twitter to ensure employees receive appropriate notice and compensation.