Presidential debate crib sheet: U.S. economy numbers to know
Donald Trump and Vice President Kamala Harris are each trying to pitch themselves as the best candidate for the U.S. economy.
BMW cuts 2024 outlook on Continental brake issues, shares plunge
BMW cut its 2024 profit margin outlook on Tuesday due to sluggish demand in China and problems related to a braking system supplied by Continental.
Former Arm CEO criticizes Britain for not holding onto its top tech firms
Warren East, who led Arm between 1994 and 2013, said that too often tech firms in Britain move their operations overseas or list elsewhere abroad.
Google’s 2.4 billion euro fine upheld by Europe’s top court in EU antitrust probe
The fine stems from an antitrust investigation by European Union regulators into Google that concluded in 2017.
AstraZeneca shares fall 5% on disappointing lung cancer drug trial results
AstraZeneca shares fell more than 5% Tuesday morning, the biggest one-day drop in seven months, after the British pharmaceutical giant announced disappointing lung cancer drug trial results.
Apple must pay 13 billion euros in back taxes, EU’s top court rules
Europe’s top court on Tuesday ruled against Apple in the tech giant’s 10-year court battle over its tax affairs in Ireland.
Huawei launches $2,800 trifold phone hours after Apple debuts iPhone 16
The Mate XT comes in red and black, in three storage options with prices ranging from 19,999 yuan ($2,809) to 23,999 yuan ($3,371).
In Huawei’s battle against Apple, chips are still a weakness, says analyst
As Huawei battles it out with Apple in China, its chip capabilities remain a weakness, despite recent breakthroughs, according to one analyst.
Investors are ‘dramatically overestimating’ an oil glut, Carlyle’s Jeff Currie says
Global markets are severely overplaying an oil supply glut, said Jeff Currie, chief strategy officer of energy pathways at private equity giant Carlyle.
‘Spook the West’: Turkey’s bid for BRICS both a strategic and symbolic step, analysts say
BRICS is seen by some as a symbolic counterweight to Western-led organizations like the EU, the G7 and even NATO.
