Bloomberg The yen’s recovery from a 20-year low is picking up pace, with options markets and analysts suggesting the rebound has some room to run. After rising over 3% from its trough, Japan’s currency may climb back to 125 as global growth worries fuel demand for havens and US yields ease, according to Shinkin Asset Management and IG Markets ...

Bloomberg Apple Inc is planning to keep iPhone production roughly flat in 2022, a conservative stance as the year turns increasingly challenging for the smartphone industry. The company is asking suppliers to assemble roughly 220 million iPhones, about the same as last year. Market forecasts have hovered closer to 240 million units, driven by an expected major update to the ...

  Bloomberg Renault SA is developing a family-sized passenger car that will run on electricity for short drives and hydrogen for longer trips as part of the company’s push into fuel-cell technology. Dubbed Scenic Vision, the vehicle will have a carbon footprint that’s 75% lower than a conventional electric vehicle because it uses mostly recycled materials, a smaller battery and ...