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COVID restrictions: Apple iPhone production at a key Chinese plant could decrease by 30%

A source with a direct understanding of the situation said on Monday that increasing COVID-19 limitations in China might cause the production of Apple...

Poll says if inflation declines, the Fed must stop raising interest rates by 75 bps

On Nov. 2, the U.S. Federal Reserve will raise interest rates by 75 basis points for the fourth time in a row, according to...

Boeing reports a larger loss due to changes in the defence industry

Boeing Co. (BA.N) unpredictably disclosed a larger deficit in the third quarter as hefty losses at its struggling military division were caused by cost...

Before a change in strategy, Credit Suisse is in the news

With only a few days left before announcing a significant strategy rewrite, Credit Suisse (CSGN.S) is working quickly to finalise sales of business units...

Chinese economy revival will be a difficult assignment for Xi’s successor as premier

To resuscitate an economy decimated by COVID-19, China's next premier, who may well take the office in March, won't have many choices but to...

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