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Bloomberg

Bloomberg

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Apple grapples with turmoil in China days before iPhone 15 launch

But the biggest potential threat to Apple may be something more nebulous: a resurgence in Chinese nationalism that spurs everyday consumers to shun the iPhone

Apple grapples with turmoil in China days before iPhone 15 launch
Updated On : 08 Sep 2023 | 11:55 PM IST

US investigates Made-in-China Huawei chip as alarm in Washington grows

The Mate 60 Pro smartphone employs an unusually high proportion of Chinese parts, in addition to its main processor

US investigates Made-in-China Huawei chip as alarm in Washington grows
Updated On : 08 Sep 2023 | 11:54 PM IST

LinkedIn profiles expose bogus claims at fake parts supplier to jet engines

Kwong, if he even exists, was never employed at Nissan, or at ANA for that matter. Neither company has records of him as a former worker, they said in response to queries by Bloomberg News

LinkedIn profiles expose bogus claims at fake parts supplier to jet engines
Updated On : 08 Sep 2023 | 10:08 AM IST

Apple selloff deepens to $194 billion on China plans iPhone curbs

Shares of the Cupertino, California-based company fell as much as 3.2% premarket, after slumping 3.6% Wednesday

Apple selloff deepens to $194 billion on China plans iPhone curbs
Updated On : 07 Sep 2023 | 11:46 PM IST

Philips agrees to pay at least $479 million in Apnea-recall accord

Amsterdam-based Philips and its US unit agreed to settle a class-action lawsuit filed by device users who bought or rented one of the 16 lines of recalled machines, the attorneys said in a filing

Philips agrees to pay at least $479 million in Apnea-recall accord
Updated On : 07 Sep 2023 | 11:46 PM IST

Apple gets warning from top US consumer watchdog on Tap To Pay tech

Tap-to-pay transactions have exploded in recent years as mobile devices became ever-present, making paying via a smartphone more and more desirable

Apple gets warning from top US consumer watchdog on Tap To Pay tech
Updated On : 07 Sep 2023 | 11:39 PM IST

Apple risks getting overtaken by bigger AI players, says Needham

The iPhone maker lacks a strategy on generative AI and large language models (LLMs) - which powers services like ChatGPT

Apple risks getting overtaken by bigger AI players, says Needham
Updated On : 07 Sep 2023 | 11:38 PM IST

US, European Union plan new China steel tariffs aimed to end trade row

The scope of the measures, covering other countries that could be targeted and the level of the tariffs, are still being discussed, the report said

US, European Union plan new China steel tariffs aimed to end trade row
Updated On : 07 Sep 2023 | 11:37 PM IST

Vladimir Putin and Kim's meeting shows the limits of US sanctions

But Washington has few points of leverage to deter two of the western world's most implacable geopolitical foes from cementing ties

Vladimir Putin and Kim's meeting shows the limits of US sanctions
Updated On : 07 Sep 2023 | 11:33 PM IST

Boeing warns of delay in 737 airplane deliveries due to supplier glitch

Narrowbody handovers will be near the bottom of Boeing's goal of shipping 400 to 450 of the popular 737 jets this year, Chief Financial Officer Brian West said at an investor conference on Thursday

Boeing warns of delay in 737 airplane deliveries due to supplier glitch
Updated On : 07 Sep 2023 | 11:31 PM IST

African Union to get full G20 membership; announcement likely during summit

Indian Prime Minister Narendra Modi, who is hosting the G20 summit, has made it a priority to grant the African Union full membership

African Union to get full G20 membership; announcement likely during summit
Updated On : 07 Sep 2023 | 11:17 PM IST

New rules to attract investment to India's $1.4 bn market: JPMorgan

India rolled out several measures over past two years to regulate its market for green and other assets, most recently allowing domestic fund managers to launch plans under six types of ESG strategies

New rules to attract investment to India's $1.4 bn market: JPMorgan
Updated On : 07 Sep 2023 | 11:11 PM IST

Foxconn seeks to work with STMicro to build semiconductor factory in India

Foxconn Technology Group is teaming up with STMicroelectronics NV for a bid to build a semiconductor factory in India, seeking state backing to broaden its footprint in the South Asian country

Foxconn seeks to work with STMicro to build semiconductor factory in India
Updated On : 07 Sep 2023 | 10:34 PM IST

Ford Motor gives raise to 8,000 UAW workers ahead of strike deadline

The raises, negotiated in the 2019 contract with the UAW, lift the pay of the workers by $4.33 an hour, or $9,000 a year, the automaker said in a statement

Ford Motor gives raise to 8,000 UAW workers ahead of strike deadline
Updated On : 07 Sep 2023 | 9:48 PM IST

Will protect customers of AI products from copyright lawsuits: Microsoft

The company in June announced a program to help customers ensure the AI programs they run on Microsoft platforms meet global laws and regulations

Will protect customers of AI products from copyright lawsuits: Microsoft
Updated On : 07 Sep 2023 | 9:10 PM IST

US resilience to China's stumbling recovery questioned in Fed risk study

Just last month, economists at Wells Fargo estimated that if China's total output dropped by a cumulative 12.5% over three years, US growth would dip 0.2 percentage point in 2025

US resilience to China's stumbling recovery questioned in Fed risk study
Updated On : 07 Sep 2023 | 7:52 PM IST

Blackstone, Thomson Reuters raise £2 bn from LSE via overnight placing

The price represents a 3.8% discount to the exchange operator's previous close

Blackstone, Thomson Reuters raise £2 bn from LSE via overnight placing
Updated On : 07 Sep 2023 | 5:12 PM IST

Vedanta Resources plans to meet investors as it faces $2 billion debt bill

The mining company has already started an exercise to identify investors in its dollar bonds that mature next January and August, as well as those due in March 2025

Vedanta Resources plans to meet investors as it faces $2 billion debt bill
Updated On : 07 Sep 2023 | 1:17 PM IST

Ahead of G20 Summit, PM Modi asks rich nations to soften climate demands

This week, New Delhi has been attempting to shift the focus from the absence of Chinese President Xi Jinping to the agenda pursued by the G20 delegates

Ahead of G20 Summit, PM Modi asks rich nations to soften climate demands
Updated On : 07 Sep 2023 | 12:33 PM IST

China seeks to broaden Apple iPhone ban to state firms and agencies

Beijing intends to extend that restriction far more broadly to a plethora of state-owned enterprises and other government-controlled organizations

China seeks to broaden Apple iPhone ban to state firms and agencies
Updated On : 07 Sep 2023 | 11:55 AM IST