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Apple to lose 6 million iPhone Pros because of turmoil at China plant

Apple's shares fell 2.6% to $144.22 in New York on Monday, marking the biggest one-day drop in more than two weeks. They have declined 19% this year

Gautam Adani's plans for an India super-app could run into a tech downturn

Adani Enterprises Ltd., the group's flagship, is seeking to raise 200 billion rupees ($2.5 billion) by selling new shares. The additional firepower may come in handy to beef up the fledgling super-app

In coming global recession, job cuts won't mean mass layoffs: Report

This time around, workers have a better-than-usual shot at holding onto their jobs if recession arrives

Cryptocurrency lender BlockFi goes bankrupt in aftermath of FTX downfall

BlockFi said in a statement that it will use the Chapter 11 process to "focus on recovering all obligations owed to BlockFi by its counterparties, including FTX and associated corporate entities"

Indore plans nation's first retail municipal bond for solar power project

Indore Municipal Corp. seeks to raise as much as 2.6 billion rupees ($31.8 million) via a 10-year bond sale next month

Slower annual economic growth will be good for India, for now: Economists

India's annual economic growth is forecast to slow to about 6% for a few years, according to economists from Goldman Sachs Group Inc. and Barclays Plc.. And they say that's not such a bad thing

Foxconn offers up to $1,800 bonus to workers to stay in China's iPhone city

Foxconn, also known as Hon Hai Precision Industry Co., will top up wages by as much as 13,000 yuan per month in December and January for full-time workers

Growing China unrest over strict Covid curbs spooks investors in Asia

Investors are readying for a dip as markets open in Asia to news of growing unrest in China over Covid restrictions

Equatorial Guinea's president Obiang can extend rule to half a century

Equatorial Guinea President Teodoro Obiang Nguema Mbasago won another seven-year term, garnering 95% of the vote

Pakistan halts overseas payments for online gaming and other apps

Army rejects claims about Gen Bajwa, family's assets; PTI Senator arrested for tweets against military officials

China's industrial profits continue to decline amid tightening Covid curbs

Industrial profits in the January-to-October period fell 3.0% from a year earlier, data from the National Bureau of Statistics showed Sunday

Elon Musk and the confessions of a reader of Ayn Rand novels

"For the sake of nostalgia, I'll keep Rand in my bookshelf and Musk in my peripheral vision," writes Andreas Kluth

A great rotation brewing in Asia as investors head northern markets

Strategists at Goldman Sachs Group Inc. expect Asia's equity leadership to shift from Southeast Asia and India to markets like China and Korea next year

India seeks to shrink budget deficit by 50bps as global headwinds loom

What complicates matters for Sitharaman is that her food and energy bills are inflated by the war in Ukraine and given India runs a current-account deficit as well, the rupee has been weakening

China's iPhone city Zhengzhou sends 870 workers away without notice

The workers were transported to Xuzhou in Jiangsu province early Friday "without prior communications," the city's authorities said; it didn't say whether any of the people tested positive

US regulators ban Huawei, ZTE Telecom equipment on data-security risk

''These new rules are an important part of our ongoing actions to protect the American people from national security threats involving telecommunications''

Musk says he'd back Ron DeSantis for president if he makes 2024 run

Musk called himself a "significant supporter of the Obama-Biden presidency and (reluctantly) voted for Biden over Trump"

Russia drafts decree banning sale of oil to price-cap participants

It would essentially ban any reference to a price cap in contracts for Russian crude oil or products, and prohibit loadings destined for any countries that adopt the restrictions

EU diplomats suspend talks on capping Russian oil prices as divisions stick

Poland and the Baltic nations are outraged at a proposal to cap Russian oil prices at $65 per barrel limit, as the level is above the rates Moscow sells crude now

Rishi Sunak's plea for patience leaves him under attack from all sides

Chancellor of the Exchequer Jeremy Hunt is working on a raft of policies aimed at boosting the UK's lackluster growth and bringing people back into the labor market, the officials said