COVID

Apple forecasts faster sales growth, despite strong iPhone demand, glum economy

Apple forecasts faster sales growth, despite strong iPhone demand, glum economy

July 28 (Reuters) – Apple Inc (AAPL.O) on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sales growth ahead. The Silicon Valley giant’s shares rose 3.5% after hours following the release of the results. Though macroeconomic …

Apple forecasts faster sales growth, despite strong iPhone demand, glum economy قراءة المزيد »

Oil rises as dollar strength eases, but Fed weighs

Oil rises as dollar strength eases, but Fed weighs

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo Register now for FREE unlimited access to Reuters.com Register US Fed to hold policy meeting on July 26-27 Libya to increase oil output to 1.2 mln bpd in …

Oil rises as dollar strength eases, but Fed weighs قراءة المزيد »

Oil prices jump as soft dollar, tight supplies support

Oil prices jump as soft dollar, tight supplies support

Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, US November 22, 2019. REUTERS/Angus Mordant Register now for FREE unlimited access to Reuters.com Register SINGAPORE, July 18 (Reuters) – Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies …

Oil prices jump as soft dollar, tight supplies support قراءة المزيد »

China's economy brakes sharply in Q2, global risks darken outlook

China’s economy brakes sharply in Q2, global risks darken outlook

China’s Q2 GDP shrinks from Q1, Y/Y growth slows sharply Widespread COVID lockdowns hammer industrial activity, demand June shows bounce in activity, but global risks darken outlook Fresh COVID flare-ups, Ukraine War, global rate hikes heap pressure Analysts expect full year GDP growth to lag govt target of 5.5% BEIJING, July 15 (Reuters) – China’s …

China’s economy brakes sharply in Q2, global risks darken outlook قراءة المزيد »

Global markets steady but recession fears remain

Global markets steady but recession fears remain

Dollar near two-decade high vs euro Euro huddles at 20-yr low; sterling squeezed European stocks rebound after steep drop LONDON/SINGAPORE/TOKYO, July 6 (Reuters) – Tentative calm returned to global markets on Wednesday, with the euro steadying after dropping to a two-decade low and oil back above $100 a barrel following a near 10% plunge a …

Global markets steady but recession fears remain قراءة المزيد »

US bans sales of Juul e-cigarettes, company to seek stay on enforcement

US bans sales of Juul e-cigarettes, company to seek stay on enforcement

June 23 (Reuters) – Sales of Juul e-cigarettes were blocked by the US Food and Drug Administration on Thursday, in a major blow to the once high-flying firm whose products have been tied to a surge in teenage vaping. The agency said the applications “lacked sufficient evidence” to show that sale of the products would …

US bans sales of Juul e-cigarettes, company to seek stay on enforcement قراءة المزيد »

Elon Musk tells Tesla staff: return to office or leave

Elon Musk tells Tesla staff: return to office or leave

June 1 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk has asked employees to return to the office or leave the company, according to an email sent to employees and seen by Reuters. “Everyone at Tesla is required to spend a minimum of 40 hours in the office per week,” Musk wrote in the …

Elon Musk tells Tesla staff: return to office or leave قراءة المزيد »

Global shares rally on relief after Fed minutes

Global shares rally on relief after Fed minutes

NEW YORK, May 26 (Reuters) – World stock markets broadly rose on Thursday and bond yields eased as no hawkish surprises from the latest US Federal Reserve minutes helped soothe immediate concerns over the impact of interest rate hikes on economic growth. Wall Street extended its rally from Wednesday. By midmorning, all three major US …

Global shares rally on relief after Fed minutes قراءة المزيد »