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Apple iPhone output may fall 30% as Covid curbs hit major China plant

Its main Zhengzhou plant in central China, which employs about 200,000 people, has been rocked by discontent over stringent measures to curb the spread of Covid-19

Dollar up as data suggests Fed hawks will stay in control; yen fragile

The pound and the euro each declined about 0.1% against the dollar, which has recouped some of last week's losses, after having slid on hopes of a potential Fed change of tack.

Indian shares rise as IT and automobile stocks boost, crude prices fall

The NSE Nifty 50 index rose 0.97% to 17,959.30 as of 0402 GMT, and the S&P BSE Sensex was 0.99% higher at 60,555.83.

Twitter reviews verification process, mulls to charge users for blue tick

Users would have to subscribe to Twitter Blue at $4.99 a month or lose their "verified" badges if the project moves forward, according to the report.

Foxconn's Covid woes may hit iPhone November shipments from Zhengzhou plant

The impact on production comes amid the traditionally busy time for electronics makers and ahead of the year-end holiday season, which is also a prime time for vendors such as Apple

Oil slips as China's Covid-19 curbs outweigh concerns over US output

Wider Covid-19 curbs in China invariably raise concerns over demand from the world's top crude importer, Stephen Innes of SPI Asset Management said

Dollar strengthens as US Fed expected to stay hawkish; yen fragile

The dollar moved broadly higher in early Asia trade, and was up more than 0.2% against the New Zealand dollar and the pound

Musk denies reports of firing Twitter employees in attempt to avoid payouts

According to media reports on Saturday, Musk fired top executives in an effort to avoid hefty severance payouts, while lining up other layoffs as soon as Saturday.

Musk fired Twitter execs in attempt to avoid payouts, layoffs planned: Rpts

Twitter's new owner Elon Musk fired top executives in an effort to avoid hefty severance payouts, while lining up other layoffs to avoid stock grants due on Nov. 1

China's Evergrande group starts delivering its first electric vehicles

China Evergrande New Energy Vehicle Group Ltd has started deliveries of its Hengchi 5 electric vehicle, with the first 100 customers getting their cars on Saturday

Oil futures ease about 1% as top crude importer China widens COVID curbs

Oil prices eased about 1% on Friday after top crude importer China widened its COVID-19 curbs, though the crude benchmarks were poised for a weekly gain on supply concerns

Buoyant Wall Street boosts world, European stocks; oil prices slide

World and European shares turned higher on Friday as Wall Street extended gains amid hopes of a slowdown in some central banks' rate hikes

Google plans legal challenge to block CCI's Android order: Report

The CCI-Android ruling, despite involving a smaller $162 million (Rs 1,334 crore) fine, has worried Google since it seeks wider ranging remedial measures

UK households choose toast over healthier diet as inflation bites

Prices for fresh vegetables rose about 14 per cent in September versus the same month last year earlier

Japan unveils $200 billion in new spending to ease inflation pain

Fiscal spending under the package will total 39 trillion yen ($260 billion), funded by an extra budget of 29.6 trillion yen ($201 billion)

Oil prices down as top crude importer China widens Covid-19 curbs

US West Texas Intermediate (WTI) crude futures were down $1.02, or 1.2 per cent, at $88.06

Building trust: LIC plans bonus shares to shore up faltering stock

Insurer also eyeing higher dividend to regain investor confidence

India's Sept crude oil imports fall 6.7% to 16 mn tonnes; 5.8% YoY decline

Oil product imports came in lower for a second straight month, falling about 4% from a month earlier to 3.48 million tonnes in September, while exports dropped 4.8%

Eveready Industries' Q2 profit halves; revenue from operations up 5.3%

Eveready Industries India Ltd on Friday said September quarter profit more than halved, hit by a charge related to a loan repayment and higher input costs

Bond yields post first weekly drop in seven as US yields fall sharply

The benchmark Indian 10-year government bond yield ended at 7.4161% after closing at 7.4117% on Thursday