OnePlus co-founder Carl Pei’s new startup wants to launch smartphone in the U.S. to take on Apple
Nothing, the hardware venture from OnePlus co-founder Carl Pei, is in early talks with American carriers to launch a phone in the country.
Foxconn expects Covid-hit China plant to resume full production around year-end, source says
The Zhengzhou plant has been grappling with strict Covid-19 restrictions that have fueled discontent among workers over conditions at the factory.
Indonesia’s GoTo has lost almost 70% of its valuation since its April IPO
In October, GoTo had said it was working with pre-IPO shareholders to explore a coordinated secondary offering of their shares before the lock-up expired.
Three pharmaceutical stocks were last week’s top performers — and analysts gave one 40% upside
Global stocks rose last week. These are the ones under the MSCI World index that posted gains of more than 10% over the week ended Dec. 2.
Don’t want to travel? New data shows you’re not alone
Travel companies say pent-up demand isn’t slowing down, but several new reports suggest otherwise, reports CNBC’s Monica Pitrelli on “Squawk Box Asia.”
Fund manager names two global retailers that are about to ‘dominate’
Veteran Schroders fund manager says both retailers have made a series of cheap acquisitions to grow market share ahead of a recession.
Goldman Sachs upgrades this global tech giant, saying the stock could rise up to 90%
Goldman has identified a new opportunity in electric vehicles and revealed a key stock to play it.
Hong Kong stocks jump 4% as China relaxes some virus rules
Shares in the Asia-Pacific mostly rose on Monday as China relaxed virus testing rules in some cities.
Dow sheds nearly 500 points, stocks finish lower on worries of further Fed rate hikes
Stocks fell Monday on fears that the Federal Reserve may continue tightening until it steers the economy into a recession.
A globally critical chip firm is driving a wedge between the U.S. and Netherlands over China tech policy
Washington has its eyes on the Netherlands, a small country that could hold the key to China’s future in manufacturing cutting-edge semiconductors.
