Switzerland Moves Close to Securing Improved 15% Tariff Deal
Switzerland’s parliament building in Bern. Photographer: Francesca Volpi/Bloomberg (Bloomberg) — Switzerland is close to securing a 15% tariff…
China’s Deflationary Spiral Hurts Economy Harder Than Official Numbers Suggest
Bloomberg analysis shows deflation on the ground feels more pronounced than official data show, with prices of everyday…
Chinese Exports Unexpectedly Slump for First Time Since February
(Bloomberg) — China’s exports unexpectedly contracted in October as global demand failed to offset the deepening slump in…
New Apple TV and HomePod Mini Likely Launching Soon
A new Apple TV and HomePod mini could launch as soon as this month, Bloomberg’s Mark Gurman today…
BOE Set to Hold Rates as UK Budget Looms Over Decision
(Bloomberg) — The Bank of England is expected to skip an interest-rate cut on Thursday, further slowing the…
OPEC+ to Pause Output Hikes Next Year as Market Set for Glut
(Bloomberg) — OPEC+ will pause output increases during the first quarter — after making another modest hike next…
Ex-RBA Chief Lowe Urges Policy Pause to Assess High Labor Costs
Philip Lowe in 2023. (Bloomberg) — Former Australian central bank Governor Philip Lowe said a clouded outlook for…
AI Frenzy Is Spreading Over to Caterpillar and Oil Frackers
(Bloomberg) — Caterpillar Inc., the company synonymous with yellow bulldozers and mining trucks, is getting a boost from…
M6 iPad Pro Likely to Feature Vapor Chamber Cooling
Apple is planning to bring an iPhone 17 Pro-style vapor chamber to the iPad Pro, according to Bloomberg’s…
North America Set to Cut Rates as Rest of G-7 Looks On
The Marriner S. Eccles Federal Reserve building in Washington, DC. (Bloomberg) — Policymakers in Washington and Ottawa will…
Apple Reportedly Moving Ahead With Ads in Maps App
Apple Maps could feature integrated ads as soon as next year, Bloomberg’s Mark Gurman reports. In his latest…
China to Make Substantial US Soybean Purchases, Bessent Says
A soybean harvest at a farm in Harvard, Illinois, US. (Bloomberg) — China will make “substantial” purchases of…