Year: 2019

(Bloomberg) — Chinese consumers are rediscovering their appetite for iPhones.Apple Inc. shipped 10 million iPhones in China during September and October, based on Bloomberg’s calculations from government data on overall and Android device shipments. That’s the first indication of the company’s performance following the autumn release of its latest gadgets, and it shows iPhone shipments up 6% from a year earlier, according to the China Academy of Information and Communications Technology, which is run by the country’s technology ministry.That affirms expectations that Apple’s iPhone 11 is selling more strongly than its predecessor, particularly in a market that’s second only to …read more […]

Nov.18 — Ford Motor Co. Chief Executive Officer Jim Hackett says the Mustang Mach E, an all electric sports utility vehicle, will be profitable from the first car. Hackett spoke to Bloomberg’s Ed Ludlow at the Mach E unveil event in Los Angeles. …read more […]

Kuwait’s Jazeera Airways is unhappy with delivery delays of Airbus aircraft and has no plans to place an order at this week’s Dubai Airshow, its chief executive said. Airbus and Boeing are vying for an order of up to 25 narrowbody jets from the Middle East budget carrier which now expects to place an order by the middle of next year. “We have no plans to make an order announcement at the air show,” Rohit Ramachandran told Reuters at the Dubai Airshow. …read more […]

The Mustang Mach E electric sport utility vehicle Ford Motor Co unveiled in Los Angeles on Sunday is more than another car for the storied automaker. The Mach E has become within Ford a high-profile test for a restructuring that has been marred by profit warnings, costly quality problems and the troubled launch this year of another important vehicle, the Ford Explorer sport utility. For Chief Executive Jim Hackett, the Mach E’s aggressive design and futuristic interior represent a long-awaited, visible sign of the overhaul of the company’s product creation process he has tried to explain to skeptical …read more […]

The main aim of stock picking is to find the market-beating stocks. But every investor is virtually certain to have… …read more […]

Q3 2019 Insmed Inc Earnings Call …read more […]

Nov.17 — Chulanee Attanayake, visiting research fellow at the Institute of South Asian Studies of the National University of Singapore, talks about China-friendly Gotabhaya Rajapaksa’s victory in Sri Lanka’s bitterly contested presidential election. Attanayake speaks with Juliette Saly and Rishaad Salamat on “Bloomberg Markets: Asia.” …read more […]

Microsoft said on Monday it was updating the privacy provisions of its commercial cloud contracts after European regulators found its deals with European Union institutions failed to protect data in line with EU law. The EDPS, the EU’s data watchdog, opened an investigation in April to assess whether Microsoft’s contracts with the European Commission and other EU institutions met data protection rules. …read more […]

Nov.17 — Hong Kong police move to clear protesters at a university in Kowloon after a weekend standoff and more violent clashes. Bloomberg’s Stephen Engle reports on “Bloomberg Markets: Asia.” …read more […]

Nov.17 — Hong Kong police move to clear protesters at a university in Kowloon after a weekend standoff and more violent clashes. Bloomberg’s Stephen Engle reports on “Bloomberg Markets: Asia.” …read more […]

(Bloomberg) — In a rare show of public support, Palantir Technologies Inc.’s co-founder and chairman Peter Thiel pitched the power of the data-mining company during a splashy Tokyo event marking its formal entry into Asia and a deal with Sompo Holdings Inc.With the $150 million deal, funded 50-50 by Palantir and Sompo, the duo are inaugurating Palantir Technologies Japan Co. The new company will target government and public sector customers, emphasizing health and cybersecurit initially. Like IBM Corp. and other providers, Palantir’s software pulls together a range of data provided by its customers, mining it for patterns and displaying connections …read more […]

China’s central bank unexpectedly trimmed a key interbank lending rate on Monday, the first easing in the liquidity tool in more than four years and a signal to markets that policymakers are ready to act to prop up slowing growth. The People’s Bank of China (PBOC) said on its website that it was lowering the seven-day reverse repurchase rate to 2.50% from 2.55%. The move cheered China’s bond market and comes just two weeks after the PBOC cut the borrowing cost on its medium-term lending facility (MLF) loans by the same margin. …read more […]