This Is What Wall Street Is Saying About the Latest Announcements From Apple
If you’re an analyst on Wall Street covering Apple, yesterday was one of the biggest days of the year for you. It was the annual event where the tech giant …
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From Manhattan to Detroit, Dollar’s Rally Spreads Economic Pain
They worked overtime. They saved for a year. And they wound up spending their long-awaited New York City vacation in a run-down hotel in Chinatown. Petala Gomes Ribeiro, a 29-year-old …
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Apple Helps Push U.S. Watch Sales to Biggest Drop in Seven Years
U.S. watch sales fell the most in seven years in June, one of the first signs Apple Inc.’s watch is eroding demand for traditional timepieces. Retailers sold $375 million of …
Read MoreSingapore EconomyContracts Most Since 2012 on Manufacturing
Singapore’s economy contracted more than economists predicted last quarter, underscoring the weakening outlook for Asian nations. Gross domestic product fell an annualized 4.6 percent in the three months through June …
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Iran Oil Deal to Fan OPEC Discord as Saudis Defend Market Share
Saudi Oil Minister Ali al-Naimi. Photographer: Samuel Kubani/AFP via Getty Images Saudi Arabia has impressed analysts and traders alike with its determination to keep oil flowing amid the selloff. Now …
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Saudis Raise Oil Pricing to Asia as Refining Margins Improve
Global crude use is improving, and Saudi Arabia can meet demand from any customer, Oil Minister Ali al-Naimi said at a conference in Riyadh on March 23. Photographer: Vladimir Weiss/Bloomberg …
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Libya’s Biggest Oil Port May Reopen as Groups Vie for Buyers
Al-Thinni’s administration is preparing for the reopening of Es Sider and Ras Lanuf oil ports, even if the emergence of a militant armed group affiliated with Islamic State derails operations …
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Iran Moves Closer to Restoring Oil Exports on Nuclear Accord
Russia doesn’t see any risks to prices from Iranian oil exports and is keeping a 2015 estimate for oil at $50 a barrel, Deputy Prime Minister Arkady Dvorkovich told reporters …
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