July 31, 2019

Apple’s services, wearables shore up results as iPhone drops below half of sales

Apple Inc iPhone sales dropped to less than half of quarterly revenue for the first time in seven years, but CEO Tim Cook on Tuesday described […]
July 31, 2019

U.S. negotiators need to show ‘sincerity’ in Shanghai talks: China state media

Negotiators from the United States should show “sincerity” and temper expectations as they begin a new round of talks with Chinese counterparts to ease trade tensions […]
July 31, 2019

China, U.S. officials meet for trade talks in Shanghai

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin shook hands with Chinese Vice Premier Liu He before beginning trade talks in Shanghai on Wednesday […]
July 31, 2019

Samsung Electronics looks to chip recovery as second-quarter profit falls 56%

Samsung Electronics Co Ltd said it expected the chip market to bottom out and start to recover in the second half as it posted a 56% […]
July 31, 2019

After $6 billion M&A spree, insurer FWD eyes China foray ahead of IPO

Fast-growing insurer FWD is seeking to launch operations in China ahead of a public offering and plans to bolster its non-life business in Asia, its chief […]
July 31, 2019

China probes small bank shareholdings as risk worries persist

China is sharpening its scrutiny of small banks’ shareholders amid fears that loans from the lenders to big investors could prove a weak point in the […]
July 30, 2019

Samsung Electronics second-quarter profit down 56% as chip troubles persist

Samsung Electronics Co Ltd posted a 56% drop in second-quarter operating profit on Wednesday, hit by continuing declines in memory chip prices amid oversupply. Powered by […]
July 30, 2019

Apple forecasts strong revenue even as iPhones drop to under half of sales

Apple Inc iPhone sales dropped to less than half of quarterly revenue for the first time in seven years, but CEO Tim Cook on Tuesday described […]
July 30, 2019

Oreo maker Mondelez raises sales forecast as emerging markets fuel growth

Mondelez International Inc raised its 2019 sales forecast on Tuesday, benefiting from several years of tailoring its chocolates and cookies to cater to consumer tastes in […]
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