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HSBC Q3 pre-tax profit more than doubles but misses estimates
HSBC Q3 pre-tax profit more than doubles but misses estimates
HONG KONG/LONDON HSBC Holdings reported a 240% increase in third-quarter pre-tax profit on Monday as higher interest rates
2023-10-30 12:19
Diageo Shares Rise as Distiller Passes Higher Costs to Customers
Diageo Shares Rise as Distiller Passes Higher Costs to Customers
Diageo Plc shares rose after the world’s largest distiller said consumers remain resilient and that it’s been able
2023-08-01 15:45
Outsized US job gains may mask signs of weakness
Outsized US job gains may mask signs of weakness
By Howard Schneider WASHINGTON The gain of 339,000 U.S. payroll jobs in May was a blockbuster number, nearly
2023-06-03 01:59
Swiss Watch Exports to US Fall for First Time in Over Two Years
Swiss Watch Exports to US Fall for First Time in Over Two Years
Monthly Swiss watch exports to the US declined for the first time in more than two years signaling
2023-06-01 15:49
Deutsche Bahn close to signing $1.68 bn deal to sell Arriva to I Squared -sources
Deutsche Bahn close to signing $1.68 bn deal to sell Arriva to I Squared -sources
By Emma-Victoria Farr, Andres Gonzalez and Markus Wacket FRANKFURT/LONDON Miami-based infrastructure investor I Squared Capital aims to sign
2023-10-13 20:19
Toyoda Gosei Invests in Pyrenee Inc., a Start-up Developing Safe Driving Assist Devices
Toyoda Gosei Invests in Pyrenee Inc., a Start-up Developing Safe Driving Assist Devices
KIYOSU, Japan--(BUSINESS WIRE)--Sep 26, 2023--
2023-09-26 12:29
REGENESIS In Situ PFAS Treatment Technology Wins Europe’s Most Prestigious Remediation Award
REGENESIS In Situ PFAS Treatment Technology Wins Europe’s Most Prestigious Remediation Award
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--Nov 9, 2023--
2023-11-09 23:29
Top Japan Fund Bets English Disclosure to Lift Small-Cap Shares
Top Japan Fund Bets English Disclosure to Lift Small-Cap Shares
A top-performing Japanese small-cap fund is betting that pressure on companies to provide financial information in English will
2023-10-18 06:47
Hunt’s Tax Cuts to Squeeze UK Public Services Beyond the Election
Hunt’s Tax Cuts to Squeeze UK Public Services Beyond the Election
Chancellor of the Exchequer Jeremy Hunt will redouble the squeeze on Britain’s crumbling public services to pay for
2023-11-23 16:45
Yellen Says Still Too Early to Rule Out  Risk of US Recession
Yellen Says Still Too Early to Rule Out Risk of US Recession
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Treasury Secretary
2023-07-09 19:16
Sibanye Cuts US Jobs to Lower Costs After Palladium Slumps
Sibanye Cuts US Jobs to Lower Costs After Palladium Slumps
Sibanye Stillwater Ltd. plans to cut jobs at its US platinum-group metals operations to lower costs, after palladium
2023-11-29 19:46
iPhone 15 price: New Apple handset could be by far most expensive ever
iPhone 15 price: New Apple handset could be by far most expensive ever
Apple’s upcoming iPhone 15 Pro Max could be easily its most expensive ever, according to numerous reports. A number of analysts have suggested that Apple could push the price of the more expensive phones up by $200, partly as a response to inflation but also because of a new strategy. Rumours have suggested that Apple is looking to offer new options at the very expensive end of its line-up, in an attempt to encourage growth of its profits. Tim Cook, Apple’s chief executive, appeared to confirmed that strategy during an earnings call earlier this year in which he said that he thought “people are willing to really stretch to get the best they can afford in that category”. Apple has already seemingly attempted that strategy with the Apple Watch Ultra, a new and more expensive version of the wearable, which was released last year. It was a marked change from previous releases, which have seen Apple offer cheaper “SE” versions of the Watch and iPhone, as well as much smaller handsets. Various reports have suggested that Apple is planning to do the same with its iPhone line-up. That could eventually bring an “Ultra” version of the iPhone, reports have suggested, presumably with premium features and other changes intended to encourage customers to buy it. This time around, however, Apple will offer the same line-up as it did with the iPhone 14: a smaller and larger version of both the normal iPhone 15 and the premium iPhone 15 Pro. The larger version of the latter – the iPhone 15 Pro Max – will be the most expensive. This year, the iPhone 15 Pro Max could have even more features that set it apart from the rest of the line-up. Rumours have indicated that Apple is adding a “periscope lens” to the larger phone, which would allow it to offer more zoom without taking up more space. Numerous analysts and reports have suggested that those changes could bring additional cost to the price of the iPhone. The iPhone 14 Pro Max currently costs $1,099 and the new model could be $200 more than that, analysts have indicated. The changes are also set to raise the average selling price of an iPhone, according to a new report from analyst Dan Ives at Wedbush and reported by 9to5mac. It would take the average selling price to $900-$925, he suggested. Apple will reveal the new iPhones – and their price – at an event on Tuesday, 12 September. They are expected to go on sale the following week. The base iPhone 15 is expected to largely be brought in line with the current iPhone 14 Pro, borrowing its chip and the “Dynamic Island” at the top of the display. The iPhone 15 Pro is expected to get a new, more powerful chip, thinner bezels around the display, and an “action button” on the side of the phone. Apple is also expected to move the port at the bottom of of all the new phones from the current Lightning to USB-C.
2023-09-09 00:56