(Reuters) -Twitter Inc’s new CEO Elon Musk said on Sunday the social media platform’s mission was to become the most accurate source of information about the world, sparking debate about how it would achieve that and who determines what is accurate. A flurry of drastic measures including sacking half the staff and charging users that…
BEIJING (AP) — China’s trade shrank in October as global demand weakened and anti-virus controls weighed on domestic consumer spending. Exports declined 0.3% from a year earlier to $298.4 billion, down from September’s 5.7% growth, the customs agency reported Monday. Imports fell 0.7% to $213.4 billion, compared with the previous month’s 0.3% expansion. China’s global…
TOKYO (AP) — Asian stocks were mixed Tuesday ahead of the U.S. midterm elections with trading likely to stay bumpy in a week that brings new inflation data and other events that could shake markets. Tokyo’s Nikkei 225 gained 1.4% to 27,914.21 on strong earnings reports. The Kospi in Seoul advanced 1.1% to 2,398.02 and…
BEIJING (AP) — Apple Inc. is warning customers they’ll have to wait longer to get its latest iPhone models after anti-virus restrictions were imposed on a contractor’s factory in central China. The company announcement Sunday gave no details but said the factory operated by Foxconn in the central city of Zhengzhou is “operating at significantly…
By Ben Blanchard and Jaiveer Shekhawat TAIPEI (Reuters) -Apple Inc expects lower shipments of high-end iPhone 14 models than previously anticipated following a significant production cut at a virus-blighted plant in China, dampening its sales outlook for the year-end holiday season. Solid demand for the new iPhones has helped Apple remain a rare bright spot…
(Reuters) – Australian firms have suffered a flood of cyberattacks, putting the spotlight on country’s understaffed cybersecurity industry which experts say seems ill-equipped to tackle such hacks, thus endangering sensitive information of millions of people. Here is a list of companies that have been hit by data breaches so far this year: OPTUS Australia’s second-largest…
HONG KONG (Reuters) – Authorities in Macau said the world’s biggest casino hub, blighted by a COVID-19 outbreak, is on track to return to relative normality after two rounds of mass COVID-19 tests last week found no new infections. The Chinese territory had been observing COVID-19 safety measures without any strict lockdowns until it found…
By Ben Blanchard and Jaiveer Shekhawat TAIPEI (Reuters) -Apple Inc expected on Sunday lower shipments of high-end iPhone 14 models than previously anticipated, hit by a significant production cut at a major plant in China affected by COVID-19 restrictions. “The facility is currently operating at significantly reduced capacity,” Apple said in a statement without elaborating…
TAIPEI (Reuters) -Taiwan’s Foxconn, Apple Inc’s biggest iPhone maker, said on Monday it was working to resume full production at a major plant in China’s Zhengzhou as soon as possible that has been hit by COVID-19 curbs, and revised down its fourth quarter outlook. China ordered an industrial park that houses an iPhone factory belonging…
By Wayne Cole SYDNEY (Reuters) – Asian stocks looked set for a choppy start on Monday after Beijing denied it was considering easing its zero COVID-19 policy, helping the dollar recover some losses while dealing a setback to commodities. Risk assets had rallied on Friday amid speculation China was preparing to relax its pandemic restrictions,…
