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IPhone X shipments to be half of forecast

Bloomberg Initial shipments of Apple Inc.’s new iPhone X will total 20 million units this year, Japanese news service Nikkei reported, without saying how it got the information. That is only about half the total number analyst Ming-Chi Kuo from KGI Securities had forecast the company would be able to ship in 2017. Apple shares fell 1 percent in Frankfurt ...

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California cars run on restaurant grease

Bloomberg California’s battle against climate change is being fought more fiercely in fast food restaurants than in Tesla Inc.’s car factory in Fremont. Seven years after the Golden State began offering credits to producers of low-carbon fuels, cities and companies across California are using diesel brewed from fats and oils to fuel everything from fire trucks to United Parcel Service ...

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Indonesian biodiesel faces US dumping penalty

Bloomberg The US moved to impose more import duties on biodiesel from Argentina and Indonesia, after finding the fuel is being sold below fair market value. The US Commerce Department set preliminary import duties of as much as 70.05 percent on Argentine imports and set a 50.71 percent rate on biodiesel from Indonesia. “The Trump administration is committed to both ...

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