Bloomberg Apple Inc is reopening more than half of its retail stores in China, trying to rebound from a sales hit tied to coronavirus. As of February 25, 29 of 42 Apple stores in the country are opening, according to a review of the company’s retail websites. Most of these locations are still operating on shortened hours. Some outlets will ...

Bloomberg Employment increased in about 80% of the largest US counties in the third quarter of 2019 from a year earlier and wages grew in 350 of 355, according to the US Bureau of Labor Statistics. In the third quarter of 2019, average weekly wages for the nation rose to $1,093, a 3.6% increase from a year earlier. People working ...

Bloomberg US President Donald Trump met his Indian counterpart in New Delhi on Tuesday, amid growing tensions between rival protesters in the capital and with a host of critical issues from defense to regional security on the agenda. Now that the US-India trade agreement looks likely to be pushed until after the US election, news of a $3 billion military ...

Bloomberg Hosni Mubarak, who became Egypt’s longest-serving ruler in more than 150 years before being forced from office by a popular uprising, has died. He was 91. His death was announced on Tuesday by state TV. No cause was mentioned, although his family recently said he’d been hospitalised. Dubbed the “pharaoh” by his detractors, Mubarak had ruled for 30 years ...

Bloomberg After a wild day that saw the collapse of Malaysia’s ruling coalition, one thing is clear: Mahathir Mohamad holds the key to forming the next government. Mahathir, 94, abruptly resigned as prime minister on February 24 after a longstanding rift within his alliance over who would succeed him boiled over. By the end of the day, he was the ...

Bloomberg Assange was swept up in President Donald Trump’s campaign against embarrassing leaks, his lawyer told a London court, as the WikiLeaks founder kicked off his fight against his extradition to the US. The decision to pursue Assange, which only occurred after Trump was elected, was driven by the president’s desire to stifle damaging White House leaks, said Edward Fitzgerald, ...

Bloomberg Parts of Indonesian capital and its suburbs were flooded after two tropical cyclones off the nation’s coast triggered extremely heavy rainfall, inundating houses in low-lying areas and forcing evacuation of hundreds of residents. More than 200 spots of flooding were reported in Jakarta and the satellite cities of Bekasi and Tangerang with the water level in Ciliwung river that ...

Bloomberg The US and South Korea remain stalled after six rounds of talks on an updated cost-sharing agreement but the allies’ top defense officials said that they hope to break that deadlock next month. “We are engaged in negotiations,” and the “minister and I are hopeful they will reach agreement soon, preferably before the end of March,” Defense Secretary Mark ...

Many commentators have argued that the big winner in last week’s poisonous Democratic Party debate was Donald Trump. But as the world assesses the United States in this 2020 election season, the long-term political beneficiary may be foreign rivals such as China’s President Xi Jinping. The circular firing squad in Las Vegas probably raised expectations abroad that the Democrats won’t ...

Sharp falls in Asian markets and US stock futures on February 24 suggest investors are starting to catch up to the disconnect between the coronavirus’s widening impact and hopes of a V-shaped recovery. It’s a gap that has been particularly visible in metals. China, where much of the economy remains in lockdown, accounts for about half the world’s appetite for ...