Apple said sales for the current quarter would most likely be lower than Wall Street expected, a signal that it continues to face weak demand for the iPhone, especially in China. Apple said it bought back $8.2 billion worth of shares in the quarter ended in December, less than half ... Read More »

Shares in India snapped three sessions of gains on Monday as investors sought refuge in safe havens as tensions in the Korean peninsula escalated following North Korea’s sixth and most powerful nuclear test on Sunday. The Sensex fell 0.6% to 31,702.25, while the broader Nifty ended 0.62 % lower at ... Read More »

DOHA  – A deal to freeze oil output by OPEC and non-OPEC producers fell apart on Sunday after Saudi Arabia demanded that Iran join in despite calls on Riyadh to save the agreement and help prop up crude prices. The development will revive oil industry fears that major producers are ... Read More »