Hedge funds became bullish on the dollar.
For the first time since March, hedge funds began to be optimistic about the dollar as belief grew that Federal Reserve policymakers would retain a hawkish attitude. In a message…
Technology drives Asian stocks lower.
As traders prepared for a flurry of policy pronouncements this week from the US, UK, and Japan, Asian equities tumbled after significant losses in the tech markets on Wall Street.…
Taiwan will remain an indispensable source of chips.
Even as Washington works to reduce its reliance on foreign semiconductor partners, Taiwan will continue to be a crucial supplier of the most cutting-edge microchips available, according to the US…
BMW updates its mini-factory for the electric vehicle era.
To safeguard the future of the 110-year-old facility where the Mini brand was created, BMW AG is making investments there and requesting assistance from the UK government. A catastrophe in…
EU prevents the emergence of cheap Chinese electric vehicles
To stop a flood of inexpensive imports, the European Union is looking into Chinese subsidies for electric vehicles. This is a step up in the probe that might lead to…
Disney will lower its target for Disney+ streaming subscribers.
Walt Disney Co. anticipates that Disney+’s most recent publicly stated 2024 subscriber target will not be met by the streaming service’s tens of millions of customers. Then-CEO Bob Chapek set…
China’s Apple iPhone ban looks like retaliation, the US says.
In its initial statement regarding the backlash against Apple Inc., the White House stated that it considers China’s efforts to impose and broaden its government ban on iPhones to be…
Microsoft’s modified military goggles performed well in new tests.
Upgraded eyewear for warfare According to the US agency, Microsoft Corp. has received an order for another batch that will be utilized for important combat tests in 2025 after passing…
T-Mobile will buy airwaves worth up to $3.3 billion from Comcast.
In exchange for between $1.2 billion and $3.3 billion in cash, T-Mobile US Inc. said it will purchase airwaves from Comcast Corp. The transaction is expected to be completed by…
Apple calls the latest watch its first carbon-neutral product.
The company’s first carbon-neutral goods, a new range of smartwatches, were unveiled by Apple Inc. as a major environmental milestone. “Apple Watch Series 9 and the upgraded Ultra model were…