Apple aims to keep iPhone shipments steady – Bloomberg News
(Reuters) – Apple is asking suppliers to produce about 85 million units of the iPhone 15 this year, roughly in…
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United Parcel Service, Teamsters union to resume labor talks on Tuesday
(Reuters) – United Parcel Service said it plans on Tuesday to resume labor talks with the Teamsters union representing 340,000…
Strike at trucking firm Yellow averted after deal
(Reuters) – U.S. trucking firm Yellow averted a threatened strike by 22,000 Teamsters-represented workers on Sunday, saying the company will…
OpenAI’s Sam Altman launches Worldcoin crypto project
By Anna Tong (Reuters) -Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday. The project’s core…
Meta’s Threads could lure ads from Twitter but it’s early days, analysts say
By Akash Sriram, Samrhitha A and Sheila Dang (Reuters) – Threads, Meta Platform’s broadside to Twitter, is seen by some…
Adidas swamped with $565 million in orders for unsold Yeezy shoes- FT
(Reuters) -Adidas got orders worth more than 508 million euros (about $565 million) for 4 million pairs of unsold Yeezy…
Hong Kong court to decide on China Evergrande restructuring in Sept
By Clare Jim HONG KONG (Reuters) – A Hong Kong court on Monday said it will decide in September on…
Explainer-What is the ‘Basel III endgame’ and why are banks worked up about it?
By Pete Schroeder WASHINGTON (Reuters) – U.S. banking regulators will on Thursday unveil a sweeping proposal for stricter bank capital…
Wall St sees bargains, lure of Europe buoying cruise, hotel earnings
By Doyinsola Oladipo NEW YORK (Reuters) – The post-pandemic rebound of international travel, particularly to Europe, is expected to be…
Marketmind: Euro biz ebbs, China property and rate peaks?
A look at the day ahead in U.S. and global markets from Mike Dolan Another worrying drop in European business…