SINGAPORE: Apple's iPhones may be losing their lustre, with fiscal fourth-quarter revenue for the devices dipping 9 per cent on-year. But the tech giant’s enterprise business is quietly growing. The Apple Developer Enterprise Program allows large organisations and businesses with at least 100 ...
The US$2.2 trillion repurchase agreement market - part of the inner workings of the U.S. financial system - is facing what could be another strain as the year comes to a close. That could have wider implications than just Wall Street.
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 the trend of slowing car sales in the Japanese automaker's biggest market.
FRANKFURT AM MAIN: New European Central Bank (ECB) chief Christine Lagarde said Thursday (Dec 12) she does not favour one monetary stance over another, but simply aims to make sound decisions for the eurozone. In her first outing before the press as president of the ECB, Lagarde took pains to urge...
Apple Inc's iPhone shipments in China fell more than 35per cent in November, marking their second straight double-digit decline as sales of the cheaper iPhone 11 remained sluggish, brokerage Credit Suisse said on Thursday.
WASHINGTON: 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 inflation despite a recent uptick in consumer prices. Other data on Thursday showed the number of Americans filing for ...
Thailand's Bangkok Bank said Thursday it would buy a majority stake worth $2.7 billion in Standard Chartered's Indonesian lender Bank Permata, signalling the massive potential of Southeast Asia's most populous country.
LONDON: Faced with imminent new global marine pollution rules, shipping companies and insurers are puzzling over the risks. To reduce emissions of toxic sulphur that cause premature deaths, shipowners who have long relied on the dirtiest residues of oil extraction will have to either switch to low ...
LEUVEN, Belgium: Anheuser-Busch InBev's US$11 billion asset sale to Japan's Asahi could hurt competition in Australia's cider sector and may also do the same for beer, the country's competition regulator warned on Thursday (Dec 12). AB InBev's planned sale of Carlton & United Breweries (CUB) is ...
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 pickup in layoffs as the claims data tends to be volatile in the period following the Thanksgiving Day holiday.
