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Apple Inc.’s iPhone unit shipments surged 10% in the first quarter as part of an effort to accelerate deliveries and avoid expected tariffs on China, according to industry tracker IDC. The company shipped 57.9 million units during from the beginning of January through March, a rise from the 52.6 million units it delivered in the…
Credit investors are looking to pounce on new opportunities resulting from the wild swings in global financial markets triggered by the US-China trade war. Average spreads in the US high-yield bond market are about 419 basis points — lingering around the highest since late 2023 — while prices in the leveraged loan market have dipped…
Gold prices jumped on Thursday on rising safe-haven demand after US President Donald Trump escalated tariffs on China despite his decision to temporarily ease steep duties on several other countries. In the previous session, the international gold rate spiked 3%. The Indian stock market and commodity market are closed on April 10 on account of…
Gensol Engineering, tied to BluSmart through its common promoter Anmol Jaggi, has seen its stock crash nearly 80% from its peak amid allegations of falsified debt records. Now, questions about corporate governance are in the spotlight. In February, months before rating agencies raised red flags, Gensol’s promoter offloaded ₹11.4 crore worth of stock. Spotting the…
(Repeats with no changes) Dow transports index down over 17% from November high Struggles as investors worry about growth slowdown Reports next week on consumer sentiment, inflation NEW YORK, March 21 (Reuters) – Even as U.S. stocks seek to regain their footing, weakness in a closely followed index of transportation shares is a sign of…
