Apple’s Irish Operation Profits Rise to $69.3 Billion
Apple Inc.’s main Irish-registered company made pre-tax profits of $69.3 billion last year as its income soared to $222.8 billion, company filings show.
Bloomberg Business
Billionaires Pile Into Media Outlet Streaming Video to Youth
A youth-focused media company that churns out fast-paced videos has netted another billionaire backer, bringing the total to four of the world’s wealthiest people.
CRH Plans to Abandon Irish Listing in Major Blow to Euronext
Dublin-based building materials maker CRH Plc plans to abandon the Irish stock exchange as it seeks a primary listing in the US.
China Expands Gold Reserves at Central Bank For Fifth Month
China boosted its gold reserves for a fifth straight month, extending efforts by the world’s central banks to boost their holdings of the precious metal.
BOJ’s Kuroda Closes a Decade of Surprises, Saying Goal Is Near
Haruhiko Kuroda spoke to reporters one last time as the Governor of the Bank of Japan on Friday, ending a decade-long term filled with surprises that shook global financial markets and transformed the image of the central bank previously known for doing too little, too late.
China Jails Man 9 Years for Abuse of Woman That Shocked Nation
China jailed a man nine years for abusing a mother of eight children who was found chained in a doorless hut — a scandal that stunned the Asian nation and prompted discussion of women’s rights.
Abu Dhabi Lender in Talks to Sell $3.7 Billion Bad Debt
Abu Dhabi Commercial Bank PJSC is said to be in talks with funds to sell 13.5 billion dirhams ($3.7 billion) worth of soured loans, as the emirate’s second-largest lender steps up efforts to clean up its books.
Global Food Costs Mark One Year of Drops, at Odds With Inflation
Global food costs fell for a 12th straight month to reach the lowest level since July 2021, though there is still little sign the rout is actually feeding through to grocery shelves.
Alibaba Touts ChatGPT Challenger Ahead of Main Event
Alibaba Group Holding Ltd. is inviting users to test the company’s in-house artificial intelligence tool, the latest attempt from a Chinese tech behemoth to rival OpenAI’s powerful ChatGPT.
Jaguar Land Rover’s Cash Flow Expectations Hit by Chips Fallout
Jaguar Land Rover, the luxury British car brand owned by India’s Tata Motors Ltd., expects free cash flow of around £500 million for the full financial year.
