After iPhone-maker Apple blamed much of its revenue slump on the country’s slowing economy, the focus shifts to Starbucks, Nike and others with big exposure.

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Topics:  apple   starbucks   nike   
BING NEWS:
  • China’s Dead-End Economy Is Bad News for Everyone
    On separate visits to Beijing last month, Secretary of State Antony Blinken and Treasury Secretary Janet Yellen bore a common message: Chinese manufacturing overcapacity is flooding global markets ...
    05/11/2024 - 12:00 am | View Link
  • European companies are less upbeat about China’s vast market as its economy slows
    An annual survey of more than 500 European companies has found that slowing growth in China is weighing on company plans to expand their businesses in the world’s second largest economy.
    05/9/2024 - 9:46 pm | View Link
  • Apple apologizes for iPad Pro 'Crush' ad, Ad Age says
    (Reuters) - Apple apologized on Thursday after an advertisement for its latest iPad Pro model sparked criticism by showing an animation of musical instruments and other symbols of creativity being ...
    05/9/2024 - 2:11 pm | View Link
  • Why China's tolerance for a cheaper currency may be temporary
    Currency markets are reading subtle signals from Chinese authorities as an indication they are slowly nudging the yuan lower to regain export competitiveness, but analysts say protracted yuan ...
    05/9/2024 - 11:52 am | View Link
  • Morning Bid: Markets up but lacking oomph, China inflation looms
    China has been battling consumer deflation for about a year but it's a fight Beijing is struggling to win - producer prices have fallen on a year-on-year basis every month since October 2022, and ...
    05/9/2024 - 9:48 am | View Link
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