Apple’s China iPhone shipments fall 35% in November: Credit Suisse
Apple Inc’s iPhone shipments in China fell more than 35% in November, marking their second straight double-digit decline as sales of the cheaper iPhone 11...
Saudi Aramco hits Crown Prince’s $2 trillion goal despite valuation doubts
Saudi Aramco hit the $2 trillion target sought by de-facto Saudi leader Crown Prince Mohammed bin Salman on Thursday as its shares racked up a...
Subaru CEO expects record U.S. sales in 2020 despite market slowdown
Subaru Corp expects its U.S. vehicle sales to rise to a record high in 2020, as demand for its SUV crossover models helps it buck...
S&P 500 hits record high as Trump says close to ‘big deal’ with China
The benchmark S&P 500 hit a record high on Thursday after President Donald Trump said in a tweet that the United States was getting very...
Wall St. opens lower as Apple weighs, trade deadline looms
U.S. stocks opened modestly lower on Thursday, weighed down by losses in Apple after Credit Suisse said iPhone shipments sharply fell in China last month,...
U.S. producer prices flat; jobless claims at more than two-year high
U.S. producer prices were unexpectedly unchanged in November as increases in food and gasoline prices were offset by declining costs for services, pointing to muted...
U.S. weekly jobless claims race to more than two-year high
The number of Americans filing applications for unemployment benefits jumped to more than a two-year high last week, but that probably does not signal a...
Stocks near record highs, pound wavers before election result
World shares took another run at record highs on Thursday, as the right messages from the U.S. Federal Reserve set traders up for a packed...
Factbox: Nestle CEO Mark Schneider’s top deals over the past three years
Mark Schneider, Nestle’s first outside chief executive officer in almost a century, has made big strides in positioning the world’s largest food company for the...
Samsung to invest an extra $8 billion in China chip plant: media
Samsung Electronics will increase investment at its chip factory in China by $8 billion to boost production of NAND flash memory chips, Chinese media reported...