Euro zone inflation will slow but momentum still high: ECB's Lane
Euro zone inflation will slow sharply this year but price growth momentum remains high for now, including for
2023-05-08 23:53
Tight job market rebalances power between US business and labor
The US economy is contending with a wave of union activism unseen in decades as organized labor seizes a rare opportunity to play hardball...
2023-10-28 09:45
UK Budget Adds to Bear Case for Gilts, Says BlueBay’s Dowding
The UK’s budgetary largesse has bolstered the bear case for gilts, which are already under pressure from sticky
2023-11-24 23:57
Asian markets mixed as sluggish debt talks worry investors
Unease over the slow progress of US debt talks further dampened sentiment in Asian markets Wednesday, though Japanese stocks got a boost...
2023-05-17 10:45
Von der Leyen announces China car probe, paints herself as EU business champion
By Yves Herman, Ingrid Melander and Andrew Gray STRASBOURG (Reuters) -EU Commission chief Ursula von der Leyen announced an anti-subsidy
2023-09-13 19:19
Major cyber attack could cost the world $3.5 trillion -Lloyd's of London
LONDON A major cyber attack on a financial services payments system could lead to global losses of $3.5
2023-10-18 22:57
Loss-making Rakuten announces $2.5 billion share issue to bolster finances
TOKYO (Reuters) -Japan's Rakuten Group Inc said on Tuesday it aimed to raise up to 332 billion yen ($2.46 billion)
2023-05-16 15:58
American Airlines, pilot union to work on improvements to tentative contract agreement - union memo
By Rajesh Kumar Singh CHICAGO American Airlines and its pilot union have begun negotiations to improve the tentative
2023-07-20 00:49
In court documents, JetBlue says it could raise fares on some routes after buying Spirit Airlines
JetBlue says in court filings that it could raise fares on some routes by up to 40% if it succeeds in buying Spirit Airlines
2023-08-25 06:18
iPhone 15 price: New Apple handset could be by far most expensive ever
Apple’s upcoming iPhone 15 Pro Max could be easily its most expensive ever, according to numerous reports. A number of analysts have suggested that Apple could push the price of the more expensive phones up by $200, partly as a response to inflation but also because of a new strategy. Rumours have suggested that Apple is looking to offer new options at the very expensive end of its line-up, in an attempt to encourage growth of its profits. Tim Cook, Apple’s chief executive, appeared to confirmed that strategy during an earnings call earlier this year in which he said that he thought “people are willing to really stretch to get the best they can afford in that category”. Apple has already seemingly attempted that strategy with the Apple Watch Ultra, a new and more expensive version of the wearable, which was released last year. It was a marked change from previous releases, which have seen Apple offer cheaper “SE” versions of the Watch and iPhone, as well as much smaller handsets. Various reports have suggested that Apple is planning to do the same with its iPhone line-up. That could eventually bring an “Ultra” version of the iPhone, reports have suggested, presumably with premium features and other changes intended to encourage customers to buy it. This time around, however, Apple will offer the same line-up as it did with the iPhone 14: a smaller and larger version of both the normal iPhone 15 and the premium iPhone 15 Pro. The larger version of the latter – the iPhone 15 Pro Max – will be the most expensive. This year, the iPhone 15 Pro Max could have even more features that set it apart from the rest of the line-up. Rumours have indicated that Apple is adding a “periscope lens” to the larger phone, which would allow it to offer more zoom without taking up more space. Numerous analysts and reports have suggested that those changes could bring additional cost to the price of the iPhone. The iPhone 14 Pro Max currently costs $1,099 and the new model could be $200 more than that, analysts have indicated. The changes are also set to raise the average selling price of an iPhone, according to a new report from analyst Dan Ives at Wedbush and reported by 9to5mac. It would take the average selling price to $900-$925, he suggested. Apple will reveal the new iPhones – and their price – at an event on Tuesday, 12 September. They are expected to go on sale the following week. The base iPhone 15 is expected to largely be brought in line with the current iPhone 14 Pro, borrowing its chip and the “Dynamic Island” at the top of the display. The iPhone 15 Pro is expected to get a new, more powerful chip, thinner bezels around the display, and an “action button” on the side of the phone. Apple is also expected to move the port at the bottom of of all the new phones from the current Lightning to USB-C.
2023-09-09 00:56
Alibaba’s Cloud Arm to Cut 7% of Staff in Overhaul, Sources Say
Alibaba Group Holding Ltd.’s cloud division has begun a round of job cuts that could reduce its staff
2023-05-23 19:18
Siemens Energy Confronts Bruised Investors Looking for Answers
After multiple shocks wiping off billions of euros of market value, Siemens Energy AG will be trying to
2023-11-21 17:57
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