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Chinese Manufacturers: China factory orders drop in ominous sign for global outlook

Investors wanting to gauge the health of global consumer sentiment should look no further than China‚Äôs factories right now. Makers of Christmas decorations to clothing and tents say orders from overseas customers are drying up, with some predicting the best they can aim for is flat demand versus last year, according to more than a …

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Apple expects stable iPhone 14 sales, orders partners to make 90M units

Apple expects strong iPhones in the next year despite the economic downturn, a report by Bloomberg reveals. Cupertino ordered its assemblers to stick to a 90-million target for the iPhone 14, which is the same as iPhone 13. The company is also expected to make 220 million devices planned until the end of 2022, the …

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