Apple Eyes Indonesia for New iPhone Assembly Plant Amid Sales Ban
Apple Inc. is planning to open an iPhone assembly plant in Indonesia to address the sales ban on iPhone 16, due to non-compliance with local manufacturing requirements. Preparation...
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Elliott Investment Secures a Massive £3.8 Billion Stake in BP, Advocates for Strategic Shifts
Elliott Investment Management L.P. has become BP's third-largest shareholder with a 5% stake worth nearly £3.8 billion, aiming to influence BP's strategy towards renewable energy a...
Breaking News: Alibaba and Apple Forge Strategic AI Partnership for iPhone Innovation in China
Alibaba Group and Apple Inc. have entered a strategic partnership to integrate Alibaba's AI technologies into iPhones in China. Joseph Tsai, Alibaba's Chairman, expressed pride in ...
Unilever Reports Slight Q4 Turnover Dip to €14.2B Amidst Growth Strategy Overhaul
Unilever's Q4 2024 turnover slightly decreased to €14.2B, with a 4% underlying sales growth. The company's full-year turnover rose to €60.8B, despite a drop in operating and net pr...
Nissan Reports a 1.6% Revenue Increase to $20.5 Billion in Q3 Amid Challenges
Nissan Motor Corporation reported a 1.6% revenue increase to $20.5 billion in Q3 of fiscal 2024 but faced a net loss of ¥14.1 billion. Operating profits and global retail sales dec...
Apple Plans to Launch iPhone Assembly Plant in Indonesia Amid Sales Ban
Apple Inc. is planning to open an iPhone assembly plant in Indonesia to comply with local manufacturing requirements and potentially lift the sales ban on iPhone 16. Preparations a...
Unilever Reports Slight Q4 Turnover Dip to €14.2B Amidst Strategic Overhaul
Unilever plc announced a slight 0.1% decrease in Q4 2024 turnover to €14.2 billion, with a 4% underlying sales growth. The company also reported a 1.9% increase in full-year turnov...
Alibaba and Apple Forge Groundbreaking AI Partnership for iPhones in China
Alibaba Group has officially partnered with Apple Inc. to integrate its AI technology into iPhones in China, marking a significant milestone in the tech industry. This collaboratio...
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