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Apple shares hold up to tech rout on strong results, metaverse tease

By Akash Sriram and Subrat Patnaik (Reuters) – Apple Inc (NASDAQ:AAPL) shares rose over 4% on Friday after the iPhone maker reported blockbuster results and teased its metaverse ambitions, holding.

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Electrolux profit falls as supply-chain headwinds linger

By Helena Soderpalm STOCKHOLM (Reuters) -Electrolux said on Friday global supply chain issues would persist after posting a drop in quarterly profit, while expecting demand in 2022 above pre-pandemic levels..

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Exclusive-China securities regulator met foreign banks to soothe economic concerns-sources

By Xie Yu and Selena Li HONG KONG (Reuters) -The China Securities and Regulatory Commission (CSRC) met this week with executives at top western banks and asset managers to reassure.

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Asian stocks, U.S. futures regain footing after Fed rate shock

By Julie Zhu (Reuters) – Asian stocks recovered some of their steep losses from the previous session on Friday after U.S. markets limited further declines from hawkish U.S. Fed comments,.

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Apple sales and profit top estimates as hit from chip shortages eases

By Danielle Kaye, Paresh Dave and Nivedita Balu (Reuters) -Apple Inc is overcoming the costly global shortage in computer chips, posting record sales over the holiday quarter, beating profit estimates.

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Dozens of U.S. states say Apple stifles competition; back ‘Fortnite’ maker

By Paresh Dave OAKLAND, Calif. (Reuters) -Apple Inc is stifling competition through its mobile app store, attorneys general for 34 U.S. states and the District of Columbia said on Thursday,.

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SoftBank COO Marcelo Claure exits; departure sparked by pay dispute -source

By Greg Roumeliotis, Anirban Sen and Sam Nussey (Reuters) -Japan’s SoftBank Group Corp on Friday said its chief operating officer, Marcelo Claure, is leaving the technology investor, in the latest.

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European Stocks Lower; H&M Soars on Strong Quarterly Sales

By Peter Nurse  Investing.com – European stock markets weakened Friday, with the recent hawkish turn by the Federal Reserve as well as concerns over Russia’s intentions for Ukraine weighing on.

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U.S. yields rise, Asian shares slump as Powell warns on inflation

By Andrew Galbraith SHANGHAI (Reuters) – Asian shares tumbled to their lowest in nearly 15 months, short-term U.S. yields rose to 23-month highs and the dollar strengthened on Thursday after.

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U.S. Senate panel set to vote on FCC, FTC auto safety nominee on Feb 2

WASHINGTON (Reuters) – The U.S. Senate Commerce Committee is set to vote Feb. 2 on the nominees to head the auto safety agency and to an open seat on the.

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