Business
KeyBanc downgrades Apple to underweight, citing iPhone sale concerns
Recent consumer survey data on iPhone sales might spell a lack of growth for Apple, according to KeyBanc Capital Markets.
Why chancellors need fiscal rules
Rachel Reeves’s new set-up frees up capital spending but her ability to reap benefits depends on many other things
China’s favourite tipple may finally shake off its hangover
Rebound in overseas sales and share buybacks could help Kweichow Moutai recover
Mercedes pledges cost cuts after china slump hits margin
Amid its China slump, Mercedes misses profit goal, prompting deeper cost-cutting plans. Read More
Boohoo says it needs to protect commercial position in Frasers spat
Fast-fashion retailer hits back at Mike Ashley’s demand to be appointed chief executive
Trump allies want to privatize Fannie Mae and Freddie Mac—but some economists warn it would make mortgages pricier
If Donald Trump wins the presidential election, Republicans hope he will fulfill a longstanding GOP goal of privatizing the mortgage giants Fannie ...
What Kamala Harris is doing right—and wrong—in the lead-up to Election Day, according to former Press Sec. Jen Psaki
Harris has to appeal to Biden fans in the Democratic base, the MSNBC host and Obama and Biden administration alum ...
Boeing workers’ anger over lost pensions behind vote to continue 6-week machinists strike
Boeing demanded in 2013 that machinists drop their pension plan as part of an agreement to build a new model ...
Europe’s ‘mindset’ problem
Too many business leaders’ ambitions don’t reach further than national or European scale at most. Read More
As the West watches Xi-Putin meetings, China touts crackdown on military goods to Russia
Beijing has walked a diplomatic tightrope throughout the Russia-Ukraine war.
Georgia’s election forces voters to choose between a future with Russia or Europe
Georgia — like other former Soviet republics — has found itself between Russia and the West, with competing forces pulling ...
NatWest profits rise by a quarter as lending and deposits grow
Bank also sets aside £245mn in provisions for bad loans, higher than expectations of £173mn
Three journalists among those killed in Israeli air strikes in Lebanon
Attack is latest sign that Israel is broadening the scope of its targets beyond Hizbollah’s military forces
One-time retail behemoth Kmart has now shrunk to one outpost: A tiny store in suburban Miami
The last full-size Kmart in the 50 states closed Sunday in Long Island, New York, making the Miami store — now ...
McDonald’s makes it official: onions from California produce company are linked to deadly E. coli outbreak
Meanwhile, other fast-food restaurants — including Taco Bell, Pizza Hut, KFC and Burger King — pulled onions from some menus. ...
China uneasy with North Korean troops in Russia
Deepening Moscow-Pyongyang ties could destabilise Korean peninsula and embolden US-led alliances in region
Is Georgia slipping back into Russia’s orbit?
The country is holding elections that could decide whether it tilts towards Moscow or Brussels. Observers fear that violence may ...
Chinese imports damage ‘dignity’ of Italian tomato, says Mutti chief
Boss of tomato sauce group urges Brussels to protect farmers hit by ‘unfair’ competition from China’s Xinjiang region
Apple returned to China’s top 5 smartphone sellers last quarter—but Huawei’s growth dwarfs the competition
Huawei ranked third in China’s smartphone market last quarter, according to IDC. Apple returned to the top five, in second ...
Inflation undershoots to jumbo cuts: What 10 European Central Bank members said this week
A slew of Governing Council members spoke to CNBC at the International Monetary Fund’s annual meeting in Washington, D.C. this ...
English councils forecast £9.3bn deficit in three years, analysis shows
Bennett Institute research underlines scale of strains social care placing on local government financing
Tory treasurer’s water company eyes stake in Thames Water
Castle Water’s plans for the troubled utility include an eventual IPO
The French engineer chasing Ferrari’s first championship since 2008
Frédéric Vasseur has led the F1 team’s resurgence, reinvigorating fans and sponsors
Reeves should embrace the freedom of disapproval
The UK chancellor and PM Keir Starmer need to dispense with the excessive caution of opposition
Peak population may be coming sooner than we think
Birth rates keep coming in below the forecasts — the models may need an overhaul
UK tax raid on private equity ‘could raise £1bn’, claim researchers
Analysis of HMRC data by Centre for the Analysis of Taxation comes as industry braces for Budget changes
How the US election looks in the swing states
Voters in pivotal battlegrounds are receiving a deluge of messaging from Harris and Trump campaigns
Are tech billionaires hijacking our future? This Nobel laureate warns of Big Tech’s stranglehold on AI and democracy
‘Don’t let the big tech gurus dominate what gets developed and how it’s used and how it impacts jobs.’ Read ...
