(Reuters) – Apple Inc has significantly increased its production of iPhones in India, accounting for almost 7% of its total iPhone production, up from 1% in 2021, Bloomberg News reported …
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(Reuters) – Boeing Co is planning to increase the output of its 737 jets to 38 planes a month by the middle of the year, Bloomberg News reported on Thursday, …
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(Reuters) -Apple Inc is eliminating a small number of roles within its corporate retail teams, Bloomberg News reported on Monday, citing people familiar with the matter. The layoffs would impact …
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PARIS (Reuters) – Global grain trader Viterra is planning to stop grain trading in Russia, the world’s largest wheat exporter, Bloomberg News reported on Wednesday, citing people familiar with the …
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(Reuters) – White House national security advisor Jake Sullivan spoke with China’s top diplomat Wang Yi on Friday, Bloomberg News reported on Tuesday, citing people familiar with the matter. (Reporting …
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(Reuters) – U.S officials are looking at ways to temporarily expand Federal Deposit Insurance Corp (FDIC) coverage to all deposits, Bloomberg News reported on Monday. U.S. Treasury Department staff are …
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(Reuters) – U.S. authorities are working with Swiss counterparts to broker a deal for UBS AG to buy all or part of Credit Suisse Group AG, Bloomberg News reported on …
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(Reuters) – UBS Group AG is asking the Swiss government for a backstop if it were to buy Credit Suisse Group AG, Bloomberg News reported on Saturday. UBS is discussing …
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(Reuters) – Santander Consumer USA on Wednesday postponed the sale of bonds worth $942 million that are backed by subprime auto loans as the deepening Credit Suisse Group AG crisis …
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(Reuters) – Swiss authorities and Credit Suisse Group AG are discussing ways to stabilize the bank, Bloomberg reported on Wednesday, citing people familiar with the matter. Credit Suisse leaders and …
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FDIC racing to start returning some uninsured SVB deposits as soon as Monday, Bloomberg News says
by Reuters(Reuters) – The Federal Deposit Insurance Corporation (FDIC), which is overseeing the emergency breakup of SVB Financial Group, is racing to sell assets and make a portion of clients’ uninsured …
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(Reuters) – British finance minister Jeremy Hunt will hand businesses a three-year tax break worth 11 billion pounds ($13.23 billion) by replacing the UK’s investment allowance with a temporary measure …
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(Reuters) – Visa Inc and Mastercard Inc have decided to pause implementing a plan that would track transactions at firearms and ammunition stores, Bloomberg News reported on Thursday, citing people …
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Apple to shake up international businesses’ management to focus on India – Bloomberg News
by Reuters(Reuters) – Apple Inc is reshuffling management of its international businesses to put a bigger focus on India, Bloomberg News reported on Wednesday citing people with knowledge of the matter. …
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(Reuters) – U.S. federal officials have been discussing with Silvergate Capital Corp’s management to avoid a shutdown, Bloomberg News reported on Tuesday, citing people familiar with the matter. Shares of …
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(Reuters) – Italy is close to granting preliminary approval to a multibillion-euro offer by state lender CDP and Macquarie Group for Telecom Italia’s landline network, Bloomberg News reported on Saturday …
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(Reuters) -Apple Inc’s top executive Michael Abbott, who is in charge of cloud services, is leaving the company in April, Bloomberg News reported on Friday citing people familiar with the …
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(Reuters) – The top shareholders of retailer Americanas SA are informally offering a capital injection of 10 billion reais ($1.9 billion), Bloomberg reported on Thursday, after creditors rejected an initial …
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(Reuters) – The U.S. Justice Department is preparing an antitrust lawsuit to block software maker Adobe Inc’s $20 billion bid for cloud-based designer platform Figma, Bloomberg News reported on Thursday, …
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(Reuters) – The White House is considering naming Virginia Solicitor General Andrew Ferguson as a Republican commissioner for the Federal Trade Commission (FTC), Bloomberg News reported on Friday, citing people …
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(Reuters) – Twitter Inc has closed two of its three offices in India, Bloomberg News reported on Friday, citing people familiar with the matter. The social media company shut down …
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(Reuters) – Tesla Inc will suspend some production until the end of February as the electric-vehicle maker upgrades the facility to make a refreshed version of the Model 3 compact …
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(Reuters) – Cryptocurrency exchange Kraken is under investigation by the U.S. Securities and Exchange Commission for the sale of unregistered securities, according to a Bloomberg report. The regulator’s inquiry is …
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MELBOURNE (Reuters) – Barrick Gold has ruled out a counterbid for number-one Australian gold producer Newcrest Mining, its chief executive told Bloomberg, eliminating what had seemed to be the most …
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The U.S. Securities and Exchange Commission has asked some major hedge funds to review certain employees’ personal mobile phones for evidence of business dealings on unapproved channels, Bloomberg News reported …