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,…
(Reuters) -Australia’s No.3 lender Westpac Banking Corp on Monday reported a drop in annual profit, hurt by competition in its home lending business and a charge related to the sale of its life insurance unit. Westpac also revised its target for costs incurred up to A$8.6 billion by the 2024 financial year, citing wage increases…
(Reuters) – Australia’s no.3 lender Westpac Banking Corp on Monday reported a 1.4% drop in annual profit, hurt by pressure on margins from intense competition in home lending in the first half and a charge related to the sale of its life insurance unit. Cash earnings came in at A$5.28 billion ($3.38 billion) for year…
(Reuters) -Twitter is delaying the rollout of verification check marks to subscribers of its new $8 a month service until after Tuesday’s midterm elections, the New York Times reported on Sunday. Twitter did not immediately respond to a request for comment. The U.S. midterm elections on Tuesday will decide whether Republicans or President Joe Biden’s…
(Reuters) – Twitter is delaying the rollout of verification check marks to subscribers of its new $7.99 a month service until after Tuesday’s midterm elections, the New York Times reported on Sunday. (Reporting by Mrinmay Dey in Bengaluru)
