Foxconn’s May sales drop 9.5% y/y on smartphone weakness
(Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and major iPhone assembler for Apple Inc (NASDAQ:AAPL), said on…
Prince Harry set for London court appearance
(Reuters) – Prince Harry is expected to appear at London’s High Court on Monday as he prepares to give evidence…
Apple to announce ‘mixed reality’ headset
Attention will turn later today to Apple’s (NASDAQ:AAPL) developer conference at its California headquarters, where the tech behemoth is preparing…
China’s services sector activity accelerates in May
Growth in China’s services sector sped up in May, a private survey showed on Monday, as the relaxing of anti-COVID…
Futures mixed after strong week on Wall Street
U.S. stock futures were mixed on Monday after the major indices posted solid gains to close out the prior week,…
Biden signs debt limit bill
With the U.S. only days away from a potentially damaging default, President Joe Biden officially signed into a law a…
Saudi output cut plans, Apple unveils new hardware
Oil prices climbed sharply on Monday after Saudi Arabia, the world’s top exporter, pledged over the weekend additional production cuts…
Take Five: Almost half-time
(Reuters) -The hefty weight of tech megacaps, a suspense-packed OPEC meeting at the weekend and more pain for consumers and…
Tesla’s China-made EV sales rose 2.4% in May from April – CPCA
(Reuters) – U.S. automaker Tesla (NASDAQ:TSLA) Inc delivered 77,695 China-made electric vehicles (EVs) in May, a 2.4% jump from April,…
France rolls out the red carpet for EV battery factories
PARIS – For French President Emmanuel Macron, it was a light-bulb moment. In an ornate ballroom at the Palace of…