Apple Partner Hon Hai’s Profit Misses Despite iPhone Rebound
Hon Hai Precision Industry Co. reported its third consecutive quarterly profit miss, after Apple Inc.’s main assembler succumbed
1970-01-01 08:00
SoftBank Vision Fund Loses $32 Billion on Weak Startup Values
SoftBank Group Corp.’s Vision Fund unit reported a record annual loss after a recent global stock market rebound
1970-01-01 08:00
Microsoft Freezes Salaries to Navigate Economic Uncertainty
Microsoft Corp. has decided to freeze pay for all full-time workers this year to help it navigate macroeconomic
1970-01-01 08:00
Apple Is Now the Only Major Phone Brand Without a Foldable Model
Apple Inc. is now alone among global smartphone brands without a foldable device in its portfolio, putting it
1970-01-01 08:00
UBS Scrutinizes Credit Suisse’s Asia Loans in Risk Appraisal
UBS Group AG bankers assessing Credit Suisse Group AG’s business have flagged concerns about some portfolios of loans
1970-01-01 08:00
Bitcoin Miner Marathon Receives Another Subpoena from SEC
Bitcoin miner Marathon Digital Holdings said it received another subpoena from the US Securities and Exchange Commission related
1970-01-01 08:00
Apple Executive in Charge of TV+ and Sports Businesses to Depart
Apple Inc.’s top executive in charge of its video and sports businesses is departing, according to people familiar
1970-01-01 08:00
UAE’s Royal Group Shorts US Stocks on Global Recession Fears
An investment firm controlled by a top Abu Dhabi royal has built a short position worth billions of
1970-01-01 08:00
Xi’s Latest Crackdown Snares Experts Hired by Hedge Funds, CEOs
Xi Jinping’s crackdown on perceived threats to national security is roiling the vast industry of consultants and researchers
1970-01-01 08:00
Adnoc to Sell 15% Stake in Logistics Unit in Abu Dhabi IPO
Abu Dhabi’s main energy company will sell a 15% stake in its logistics and shipping unit in an
1970-01-01 08:00
India Renews Call for Chipmakers as Billionaire’s Effort Drags
India is set to revive its effort to lure prospective chipmakers into the country as projects already disclosed,
1970-01-01 08:00
China’s Shift Away From Big Four Auditors Has EY Most Exposed
Among the four biggest global accounting firms, Ernst & Young is likely to be the most exposed to
1970-01-01 08:00