Wall Street is expecting Apple will roll out iPhone 8 models at prices above $1,000 later this year. Barclays believes the smartphone maker can overcome buyer sticker shock by including one-year subscriptions to popular Apple services such as Music and iCloud storage with the more expensive iPhones. The firm cited its survey results, which revealed […]
Read moreArkema shares fell sharply on Thursday after two explosions were reported at its flood-hit chemical plant in Crosby, Texas. Chemicals were released into the atmosphere after Arkema’s U.S.-based complex sustained significant damage from Tropical Storm Harvey. One police officer helping to secure the site was reportedly taken to a nearby hospital after inhaling fumes, while […]
Read moreIFA is one of the largest consumer electronics shows in the world. The largest device makers in the world from Samsung to Lenovo tend to stage flashy launches at the event which takes place in Berlin, Germany. But quietly in the background, two players with barely any branding anywhere are making the most noise: Google […]
Read moreCheck out which companies are making headlines before the bell: Campbell Soup – The food company became the latest in the industry to miss estimates and cite a challenging environment. Campbell earned an adjusted 52 cents per share for its latest quarter, three cents a share short of forecasts. Revenue also missed analysts’ expectations and […]
Read moreUber is to have designated drop-off and pick-up areas at all of Westfield’s 33 shopping centers in the United States. The two firms announced a partnership that places the locations on the Uber app, meaning shoppers can see where exactly they can be picked up and dropped off. The firms said the Westfield malls will […]
Read moreThe 2017 rally may be about to suffer a plot twist. The stock market could be close to hitting a wall, warns David Bianco of Deutsche Asset Management. “I do think we’re going to have about a 5 percent pullback that puts the S&P at about 2,300,” Bianco, who is the firm’s chief investment strategist, […]
Read moreCurrency, United States Finance
No 'decisive progress' in third round of Brexit talks, top EU negotiator says
The European Union’s chief Brexit negotiator has lamented a lack of developments in the third round of Brexit negotiations, saying that no “decisive progress” has been made on any principal subjects. Michel Barnier said Thursday that the three-day talks in Brussels with his British counterpart David Davis, and their respective delegations, had secured “useful clarification […]
Read moreSony launched two new smartphones on Thursday that can capture 3-D images which could pave the way for augmented reality (AR), gaming, and 3-D printing applications. The 5.2-inch Xperia XZ1 and 4.6-inch XZ1 compact are the Japanese electronics giant’s latest devices launched into the increasingly competitive market, just days ahead of Apple’s latest iPhone models […]
Read moreSony unveiled wireless earbud-like headphones on Thursday as it continues to focus on high-end audio products. The WF-1000X are two small earphones that connect to a device via Bluetooth. There is one for the right and one for the left ear. Sony will put the headphones on sale in September, initially in Europe and then […]
Read moreSilicon Valley’s medical technology start-ups might have their pick of local investors, but many are now looking further afield to China. One of the most prolific recent funders on the block is Tencent, the Shenzhen-based Internet giant that is best known for its social messaging apps. In recent years, Tencent has funded a slew of […]
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