World

Recently, Apple made headlines by approving Epic Games’ developer account in Sweden. This decision will enable Epic Games to introduce a competing app store on iPhones in Europe, in compliance with the new antitrust regulation known as the Digital Markets Act. The approval came after a series of disputes between the two companies, with Epic
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The European Central Bank recently made a significant announcement regarding its inflation forecast and interest rates. ECB President Christine Lagarde confirmed that there would be no change in interest rates, which was widely anticipated. However, the bank also lowered its annual inflation forecast, signaling potential challenges ahead for the Eurozone economy. The staff projections for
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Federal Reserve Chair Jerome Powell recently reiterated that he expects interest rates to start coming down this year. However, he emphasized that he is not yet ready to specify when this will happen. In his remarks to Congress, Powell stated that policymakers are closely monitoring the risks associated with inflation and are cautious about easing
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Apple’s iPhone sales in China have experienced a significant drop in the first six weeks of 2024, as reported by Counterpoint Research. This decline can be attributed to stiff competition from local smartphone brands such as Huawei, Oppo, Vivo, and Xiaomi. In this article, we will delve into the reasons behind Apple’s struggle in the
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The latest reporting season for European companies has been a disappointing one, with around half of the companies missing earnings expectations. Despite already low expectations, analysts have noted that this season has been particularly challenging. The percentage of companies that posted a beat was the smallest since the first quarter of 2020 when the pandemic
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The semiconductor industry, including companies like Taiwan Semiconductor Manufacturing Company, faces potential water shortages as technology progresses. As S&P Global Ratings highlighted in a recent report, semiconductor chips play a crucial role in various consumer devices, ranging from smartphones to televisions. TSMC, one of the leading contract chipmakers globally, produces advanced processors for major companies
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