Apple’s biggest issues in China right now after sales plunged

Apple’s biggest issues in China right now after sales plunged

Apple CEO Tim Cook listens during a program at the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week at Apple Park in San Francisco, Nov. 17, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Apple is facing renewed challenges in China, one of its most critical markets. The iPhone giant’s sales in the greater China region in … Read more

Mega tech earnings grab attention

Mega tech earnings grab attention

Information about Facebook stock shares is displayed on a monitor as traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the closing bell, November 19, 2018 in New York City.  Drew Angerer | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC … Read more

India set to clock up to 8% GDP growth as it boosts manufacturing capacity, minister says

India set to clock up to 8% GDP growth as it boosts manufacturing capacity, minister says

Workers assemble mobile phones at a Dixon Technologies factory in Noida, India, on Jan. 28, 2021.  Bloomberg | Bloomberg | Getty Images India could clock up to 8% annual GDP growth for several years as it focuses on boosting its manufacturing capabilities, a key government minister told CNBC on Thursday. “Every sector of the economy … Read more

Gold demand hit record highs in 2023 amid geopolitical risks, China weakness

Gold demand hit record highs in 2023 amid geopolitical risks, China weakness

Gold purchases from central banks led to last year’s surge, with purchases exceeding 1,000 tons for two consecutive years. Traffic_analyzer | Istock | Getty Images Gold demand hit record highs in 2023 as persistent geopolitical tensions and weakness in China’s economy pushed investors toward the safe haven asset, the World Gold Council said in report. … Read more

More mega tech earnings in spotlight

More mega tech earnings in spotlight

The share price of Facebook stock is seen at the Nasdaq stock market in New York. Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can … Read more

Apple (AAPL) earnings report Q1 2024

Apple (AAPL) earnings report Q1 2024

Apple reports fiscal first-quarter earnings after the bell. The quarter, which ends in December, is Apple’s biggest of the year by sales and the first full sales period for the iPhone 15, which launched in September. Apple faces significant challenges, coming off four straight quarters with revenue declines. Investors will be closely watching to see … Read more

Demand for shipments has risen since Red Sea attacks

Demand for shipments has risen since Red Sea attacks

A China-Europe freight train returning from Russia arrives at a railway container freight center on September 20, 2023 in Manzhouli, China. Liu Wenhua | China News Service | Getty Images Shippers are scrambling to find alternative ways to transport goods from China to Europe in light of the disruption caused by attacks on the Red … Read more

Tesla upgrades Model Y in China for semi-autonomous driving

Tesla upgrades Model Y in China for semi-autonomous driving

A Tesla Model Y is seen on a Tesla car lot in Austin, Texas, on May 31, 2023. Brandon Bell | Getty Images Tesla upgraded the self-driving hardware on the Model Y car it sells in China, Elon Musk’s automaker said on WeChat on Thursday, as it looks to boost sales and fend off rising … Read more

Hopes sink for March rate cuts

Hopes sink for March rate cuts

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023.  Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more

Factories in developing Asia may have seen the worst of manufacturing slump

Factories in developing Asia may have seen the worst of manufacturing slump

A worker inside a bending and welding workshop for wind turbine towers at a CS Wind Corp. factory in Tan Thanh, Ba Ria-Vung Tau Province, Vietnam, on Wednesday, Feb. 15, 2023. Renewables will dominate the growth of the worlds electricity supply over the next three years, according to the International Energy Agency, as countries race to get … Read more