Business

Apple supplier Foxconn wrapped up in iPhone supply chain rumors

Drew Angerer | Getty Images Tim Cook, chief executive officer of Apple, attends the annual Allen & Company Sun Valley Conference, July 12, 2018 in Sun Valley, Idaho.  Foxconn, the company of which assembles most of Apple’s iPhones, will be right now wrapped up inside the latest round of iPhone supply chain rumors after a Bloomberg report of which the ...

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Abu Dhabi wealth fund sues Goldman Sachs over 1MDB scandal

An Abu Dhabi sovereign wealth fund will be suing Goldman Sachs over an alleged conspiracy involving Malaysia’s 1MDB fund. International Petroleum Investment Company (IPIC) as well as its subsidiary Aabar Investments filed a lawsuit against the investment bank at brand-new York state court on Wednesday. The court summons states of which the firms are seeking “damages as well as some ...

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Middle East ‘Shark Tank’ pilot to spotlight start-up potential launches in Dubai

Indeed, Dubai’s real estate sector is usually awash with cash, locals say, despite seeing continued losses in recent years. While investors will put tens of hundreds of millions toward a hotel or office building development, there’s significantly more reluctance to invest in nascent business ideas. Part of of which is usually also due to regional risk, a Dubai-based senior associate ...

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What can be TikTok?

First the idea was Vine, then Yik Yak, then HQ Trivia: Mobile apps that will shot up in downloads in addition to also took the digital world by storm. Almost just as suddenly, they all fell via public favor in addition to also off the top charts. TikTok, the latest app to skyrocket in popularity, recently unseated Instagram, YouTube in ...

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Google cloud plagued by internal clashes in its effort to catch Amazon

Still, Google made progress under Greene, winning at least pieces of the public cloud business via numerous companies, including Apple, PayPal, Etsy, Evernote, Fitbit, HubSpot, Shopify, Twitter in addition to Zendesk. “We went via people not even knowing that will This specific was an area where Google had an offering, to essentially today, every time that will people talk about ...

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Should you stay calm amid market volatility? Depends on your age

If you’re a young investor, your rate of return typically matters less than your savings rate, said James Sweeney, a CFP along with also founder of Switchpoint Financial Planning in Lehi, Utah. He provided an example: If you’re 30 with $20,000 invested, whether you earn a 10 percent or a 5 percent annual return will only result in difference of ...

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Consumer Sentiment: Final November reading

Consumer sentiment for November fell more than anticipated inside final reading of the month, although the index remained near record highs. The University of Michigan’s monthly survey of consumers slipped to 97.5 in final November reading, more than the fall to 98.3 expected by economists surveyed by Refinitiv. The key economic indicator hit 98.6 in October’s final reading. “Although the ...

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