Bloomberg
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Apple's supplier Foxconn begins iPhone 15 production in Tamil Nadu
A Foxconn Technology Group plant in Sriperumbudur is preparing to deliver the newest devices only weeks after they start shipping from factories in China
 "Apple's supplier Foxconn begins iPhone 15 production in Tamil Nadu")
Wheat prices rise after Russian attack on Ukrainian Port on Danube river
The escalation of hostilities in the breadbasket region could compound trade disruptions, after Russia pulled out of the Black Sea grain deal last month
 "Wheat prices rise after Russian attack on Ukrainian Port on Danube river")
Germany and Spain in contest for $4.8 billion Indian submarine deal
Indian officials are currently evaluating competing bids to build six of the vessels in the country, senior Indian officials aware of the developments said, asking not to be named
 "Germany and Spain in contest for $4.8 billion Indian submarine deal")
Bitcoin's extreme volatility vanishes amid 'extreme apathy and exhaustion'
It's an unusual stretch of calm for the token, which has over the years garnered attention for its wild price swings
 "Bitcoin's extreme volatility vanishes amid 'extreme apathy and exhaustion'")
Adani Power has shares worth $1 bn change hands in attempt to recover
The company's stock fell as much as 4.1% after the bunched trades to Rs 274.4 ($3.30) and based on the average price, the deals are worth $1 billion, according to Bloomberg calculations
 "Adani Power has shares worth $1 bn change hands in attempt to recover")
FedEx grapples with improving contractor safety amid push to merge fleets
The amount of self-insurance reserves FedEx sets aside to cover claims surpassed $5 billion for the first time during the fiscal year ending May 31, up from $2.47 billion in 2017
 "FedEx grapples with improving contractor safety amid push to merge fleets")
India's no 2 tycoon Gautam Adani may avoid stepping on Mukesh Ambani's toes
A fresh blow arrived Saturday as Deloitte Haskins & Sells LLP, the auditor of Adani's ports unit, abruptly resigned the same week June quarter results showed record revenue and operating profit
 "India's no 2 tycoon Gautam Adani may avoid stepping on Mukesh Ambani's toes")
UK wages grow at a record pace, fuelling Bank of England's inflation worry
The figures are the first of two batches of economic data that will guide the BOE's next rate decision on September 21
 "UK wages grow at a record pace, fuelling Bank of England's inflation worry")
Donald Trump's fourth indictment: 5 ways in which Georgia is different
Prosecutors began their investigation soon after news broke that Trump had called Georgia Secretary of State Brad Raffensperger on Jan. 2, 2021
 "Donald Trump's fourth indictment: 5 ways in which Georgia is different")
Ola to offer e-bikes, cheap e-scooters to phase out petrol two-wheelers
Ola is building what it's touting as the world's largest electric vehicle hub to churn out battery-powered two-wheelers, cars and EV cells, in addition to housing vendor and supplier facilities
 "Ola to offer e-bikes, cheap e-scooters to phase out petrol two-wheelers")
Foxconn spends more to accelerate global migration as China falters
What replaces Foxconn's former mega-factory strategy will have huge ramifications for multi-billion dollar industries, geopolitics, and the world's largest economies
 "Foxconn spends more to accelerate global migration as China falters")
Donald Trump indicted over efforts to undo 2020 election defeat in Georgia
Trump, 77, was charged with racketeering, which was the central count in the indictment and included 161 specific acts in furtherance of that conspiracy
China's economic slowdown a 'risk factor' for US Economy: Janet Yellen
"That said, I feel very good about US prospects overall. Let's call that a risk," she said, referring to China
 "China's economic slowdown a 'risk factor' for US Economy: Janet Yellen")
Amazon cracking down on US employees who stay away from the office
Despite the end of pandemic-era, many employees are reluctant to come back to the office full time
 "Amazon cracking down on US employees who stay away from the office")
Tesla reignites electric vehicle price war with new round of cuts in China
The cuts follow moves by Geely Automobile Holdings' Zeekr brand, which lowered prices by as much as 37,000 yuan
 "Tesla reignites electric vehicle price war with new round of cuts in China")
China finance giant's missed payments alarm regulators and markets
Task force set up after a unit of Zhongzhi Enterprise, one of nation's top wealth managers, missed payments on multiple high-yield investment products
 "China finance giant's missed payments alarm regulators and markets")
Business travel spending to top pre-covid level to over $1.78 trn in 2024
How and when business passenger volumes will recover to 2019 levels remains to be seen, according to the report, which assesses data from 72 countries and 44 industries
 "Business travel spending to top pre-covid level to over $1.78 trn in 2024")
Wheat markets shrug off Black Sea flashpoints as exports flow: Report
Ukraine said the vessel stopped - the Sukru Okan - was Turkish. A person familiar with the matter said the ship was empty and had unloaded a corn cargo the previous day in Greece
Bank Of England expects delayed payments to be settled today after hitch
"The issue has been resolved and all CHAPS payments submitted to the bank are settling normally," the BOE said in a statement
Near-term inflation outlook at lowest since 2021 in US Fed survey
The findings are in line with other reports showing that price pressures and consumers' inflation expectations are cooling
 "Near-term inflation outlook at lowest since 2021 in US Fed survey")
