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Slow Innovation At Apple Sees Its Fast-Moving Chinese Rivals Gaining Share In Wealthy Markets

Driven by better designs and lower prices, best chance yet to conquer developed markets has been presented to Asian rivals of iPhone maker Apple by slowing innovation at the U.S. giant, retailers and consumers say.   Phones from China’s Huawei and Oppo, and Samsung Electronics already...

Brexit's First Wave Will Affect 10,000 UK Finance Jobs: Reuters Survey

According to a Reuters survey of firms employing the bulk of workers in international finance in Britain, if the UK is denied access to Europe’s single market, around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years.   The survey showed that with...

Wiring Of Europe's Highways For Electric Cars Sees Energy Firms Battling Startups

Expanding from the continent’s cities to its motorways is the battle over how and where Europeans charge their electric cars.   While advances in electric vehicles means where they build them is changing, in the fast-growing business of charging stations, power utilities, tech start-ups and...

It May Raise Interest Rates In 'Coming Months', Warns Bank Of England

In the forthcoming months, people and investors can expect a rate rise in the U.K. said the Bank of England, even though it has left the rate steady in its announcement on Thursday.      The Monetary Policy Committee (MPC) noted that a strengthening economy and inflationary...

Now Under Threat Is Manufacturing, On Which Asia Has Long Relied On For Growth

As technology changes the way manufacturers operate, Boston Consulting Group said in a new report, there will be likely erosion of the competitive edge for Asian economies — many of which depend on low-cost labor and exports for growth.   The consulting firm said that in a more...

For The First Time Since March, OPEC Oil Production Falls

With several key exporters in the group throttled back production, OPEC's oil output fell in August for the first time since March according to a monthly tally released Tuesday.   According to independent sources that monitor OPEC's production the 14-member cartel pumped 32.76 million...

Blitz To Tax Revenues Of US Tech Giants By EU Driven France

In a change that would wreak havoc with many technology groups' business models in Europe, based on revenues generated in EU countries, Paris and Berlin are mounting a joint offensive to tax internet giants such as Google and Amazon.   National tax codes will be...

iPhone Enthusiasm In China Dampened By $1,000 Price Tag

Hoping that number’s auspicious connotations in China will help turn around fortunes in the world’s biggest smartphone market after six quarters of falling sales, Apple Inc will launch an expected “iPhone 8” on Tuesday.   But with the latest model tipped to have a price tag upward of $1,000...

Atlantic Monster Storms Is Attempted To Be Dodged By Fuel Tankers

In order to stay one step ahead of Mother Nature, traders are shifting fuel tankers around the world like chess pieces.   However, while one natural disaster is difficult enough to trade around, as three hurricanes and an earthquake rattled the western hemisphere, this week, traders have...

Morgan Stanley Says 'Significant Growth Opportunity' For Alcoholic Beverages Presented By Self-Driving Cars

According to a top Wall Street firm, there are more ways to trade the autonomous driving trend than you might think.   On the potential implications of self-driving cars to other consumer industries, Morgan Stanley shared its out-of-the-box ideas and analysis.   "Shared and autonomous...

Over The Next Two Decades, Boeing Predicts China Will Buy $1.1 Trillion Worth Of New Planes

Between now and the year 2036, 7,240 commercial aircraft worth $1.1 trillion will be bought by Chinese airliners according to a forecast by aircraft marker Boeing.     A firm reflection on the belief of Boeing in the prospects of the Chinese airline industry is made by the most recent...

Rejecting Tougher North Korea Sanctions, Putin Echoes China View

Echoing China’s resistance to more punitive measures to pressure Pyongyang into abandoning its atomic and missile programs, after its sixth and most powerful nuclear test, Russian President Vladimir Putin again rejected U.S. calls for new sanctions against North Korea.   The Russian leader...
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