Apple Cuts iPhone Production By 20%
Apple is reducing orders for all iPhones in the first half by around 20% from its plans in December, according to Nikkei Asia. Apple now targets to...
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Adidas Is Investing Over 1 Billion Euros For Digitalization To Drive Double-Digit Growth
Adidas is investing over 1 billion euros for its digital transformation as it seeks to increase its bottom line by double digits in the next four years,...
Biden To Nominate Progressive Favorite Khan For FTC Commissioner
U.S. President Joe Biden is likely to nominate progressive favorite Lina Khan to head the Federal Trade Commission, according to a report. Khan was an FTC fellow...
China Resumes Debt Reduction Campaign Amid COVID-19 Recovery
China is resuming its debt reduction campaign this year to balance financial risks amid a recovery from the COVID-19 pandemic, according to the government's work report. Deleveraging...
Global Stocks Rise as Equity Futures Rise, Bond Yields Ease
Global stocks recovered on Tuesday's session on the back of higher U.S. equity futures and the drop in both American and European yields, according to Reuters. NASDAQ...
U.S. Can Deliver Stimulus Checks Immediately, But IRS Faces Hurdles
The United States government should be able to start delivering $1,400 stimulus checks once a new aid bill is passed, according to Reuters. Tax experts say the...
