Apple iPhone sales in China fall 30% in first week of 2024 – Jefferies
By Yelin Mo and Brenda Goh BEIJING (Reuters) – Apple (NASDAQ:AAPL)’s iPhone sales in China dropped by 30% in the first week of 2024, Jefferies analysts said in a note,
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Nvidia to launch China-focused AI chip in Q2 2024 -sources
By Yelin Mo and Fanny Potkin BEIJING/SINGAPORE (Reuters) – U.S. chipmaker Nvidia (NASDAQ:NVDA) plans to begin mass production in the second quarter of 2024 of an artificial intelligence (AI) chip
Commodities
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ONGC seeks premium over govt price for coal seam gas
ONGC has sought bids from users for sale of 0.05 million standard cubic metres per day of gas from the North Karanpura coal-bed methane (CBM) block for three years. State-owned
Commodities
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Oil extends gains on Middle East supply worries
Brent crude rose 38 cents, or 0.5%, to $78.63 a barrel by 0440 GMT, while U.S. West Texas Intermediate crude futures rose 52 cents, or 0.7%, to $73.22. Oil prices
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Sports
Rohit Sharma and Virat Kohli return for T20Is against Afghanistan, captain for T20 World Cup to be decided later
With Hardik Pandya and Suryakumar Yadav out with injuries, selectors pick full-strength squad for series beginning on Thursday. After last playing a T20 international for India over a year ago,
Economy
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Shipping costs up 60%: Trade body report
The delays through rerouting of ships has also led to an increase in time taken on seas by up to 20 days, GTRI said. Predicting that the crisis in the
Economy
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Piyush Goyal remains optimistic about $2 trillion export target
Speaking at the inauguration of the Patsan Bhavan, which houses the Jute Commissioner’s office and headquarters of Jute Corporation of India and National Jute Board, in New Town, Kolkata, Goyal
Economy
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India’s GDP growth for 2023-24 estimated at 7.3%, economists expect real GDP growth for FY25 at 6.5-7%
Economists said that with the first advanced estimate at 7.3 per cent for this fiscal, the second half will see a tad slower number. Economists lauded India’s real GDP growth
Stock Market
Toyota Motor: to restart vehicle plants in Japan from Monday
TOKYO (Reuters) – Toyota Motor (NYSE:TM) said it would restart its Japanese vehicle plants on Monday but, given the impact of the New Year’s Day earthquake, would decide separately about operations from
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GM robotaxi unit Cruise offers $75,000 to resolve crash probe
By David Shepardson (Reuters) -General Motors’ Cruise robotaxi unit offered on Friday to pay $75,000 to resolve an investigation by California regulators into its failure to disclose details of a