Apple reportedly in talks to make AirPods and Beats in India

Apple AirPods with Spatial Audio Todd Haselton | CNBC Apple has asked suppliers to begin making some of its AirPods and Beats headphones in India as early as next year, according to a Nikkei Asia report Wednesday. The talks mark the company’s latest attempt to lower the risk of supply chain disruptions in China due … Read more

Rising food prices are hurting restaurants, diners

The restaurant scene such as the one in Chinatown should brace for change amid rising inflation. Anadolu Agency | Anadolu Agency | Getty Images SYDNEY — In Sydney’s food mecca, Chinatown, menu prices at long-time restaurant Mother Chu’s have risen between 20% and 30% since the start of the pandemic. Alan Chu, owner of the … Read more

North Korea fires a ballistic missile into the Sea of Japan

There’s an alarming change in the way that North Korea is approaching nuclear weapons, says Jeffrey Lewis, a professor at the Middlebury Institute of International Studies. Chung Sung-jun | Getty Images News | Getty Images WASHINGTON – North Korea fired a ballistic missile that likely flew over Japan, the militaries of South Korea and Japan … Read more

SpaceX Crew-5 NASA mission launches, carrying astronauts to ISS

SpaceX launched four people to the International Space Station from Florida on Wednesday, as Elon Musk’s company keeps up a steady pace of crewed missions. Known as Crew-5, the mission for NASA will bring the group up to the ISS for a six-month stay in orbit. The mission is SpaceX’s fifth operational crew launch for … Read more

Ukraine joins Spain and Portugal’s joint bid to host 2030 World Cup

Soccer Football – Carabao Cup Final – Chelsea v Liverpool – Wembley Stadium, London, Britain – February 27, 2022 Liverpool fan with the big screen in the background in support of Ukraine before the match Action Images via Reuters/John Sibley TPX IMAGES OF THE DAY John Sibley Reuters Ukraine has joined Spain and Portugal in … Read more

Credit Suisse to remain ‘under pressure’ but analysts wary of Lehman comparison

A Swiss flag flies over the sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Credit Suisse shares briefly sank to an all-time low this week while credit default swaps hit a record high, as the market’s skittishness about the Swiss bank’s future became abundantly clear. The shares continued to … Read more

OPEC+ imposes deep production cuts in a bid to shore up prices

Oil prices have fallen to roughly $80 from over $120 in early June amid growing fears about the prospect of a global economic recession. Bloomberg | Getty Images A group of some of the world’s most powerful oil producers on Wednesday agreed to impose deep output cuts, seeking to spur a recovery in crude prices … Read more

Virgin Atlantic ceases Hong Kong operations, cites Russian airspace closure

Virgin Atlantic has not operated any passenger flights to Hong Kong since December 2021, after the city-state suspended all flights from the UK due to a resurgence in Covid-19 cases. Soup Images | Lightrocket | Getty Images British airline Virgin Atlantic announced Wednesday it was permanently leasing operations in Hong Kong due to issues related … Read more

Cyberpunk publisher CD Projekt stock rises after announcing new games

A sign advertising the game Cyberpunk 2077. Mike Kemp | In Pictures via Getty Images Shares of Polish game publisher CD Projekt rose sharply Wednesday after the company announced several major games it’s working on in the next few years, including new installments in its popular Cyberpunk and Witcher franchises. In a strategy update late … Read more

UK’s Liz Truss pledges tax-cutting future in speech plagued by protest

Prime Minister Liz Truss is seeking to rally MPs around her tax-cutting policies following political infighting and market turmoil. Jacob King | Pa Images | Getty Images LONDON — British Prime Minister Liz Truss insisted Wednesday that cutting taxes was “the right thing to do morally and economically,” doubling down on a series of debt-funded … Read more