Bloomberg Apple Inc’s suppliers are preparing to produce components for up to 75 million new iPhones in 2019’s second half, roughly the same number as a year earlier, according to people familiar with the matter. The volumes planned for the next iPhone launch cycle would signal steady demand for the company’s most important product, despite US-China trade tensions and a ...

Bloomberg Some of Switzerland’s top university hospitals are teaming up to take on the soaring cost of cancer cell therapy offered by big pharma. The hospitals are hoping to offer the treatment for between 150,000 Swiss francs ($151,026) and 200,000 francs. That’s about one-third cheaper than the commercialised process offered by the pharmaceutical industry. “We are convinced that such cancer ...

Bloomberg The ability to stream YouTube and Netflix when a Tesla vehicle is not moving is coming soon, Tesla CEO Elon Musk said on Twitter. The change may come in August but wouldn’t take “more than a few months,” Musk said while responding to a Twitter user. Tesla owners will be able to stream while the car is moving once ...

Bloomberg UK Prime Minister Boris Johnson formed a war cabinet of six senior ministers to plan for exiting the European Union by October 31, as a key adviser said leaving without a deal had become a very real prospect, the Sunday Times reported. Johnson’s most senior aide, Dominic Cummings, a key leader in the 2016 Brexit campaign, called advisers to ...

Bloomberg UK Labour Party leader Jeremy Corbyn said he’s ready for a general election at any time as Prime Minister Boris Johnson prepares to take the country out of the European Union without a deal. “We oppose no deal, and people should have a final say on it,” Corbyn said on Sky News’s Sophy Ridge programme on Sunday. “In the ...

Bloomberg US sanctions on Iran are not only reverberating through the oil world, but also the agricultural market in Latin America. At least two Iranian vessels set to carry Brazilian corn are stranded off the Latin American nation’s coast because they can’t get fuel, according to the port authority at Paranagua, about 450 kilometres south of Sao Paulo. State-controlled oil ...

Bloomberg Taiwan’s election will be an opportunity for voters to choose cross-strait peace or crisis, said Kaohsiung City Mayor Han Kuo-yu, who was nominated as the presidential nominee by the opposition Kuomintang party at the national congress on Sunday. Han, whose campaign slogan is “Taiwan safe, people rich,” was selected to challenge incumbent Tsai Ing-wen in the presidential poll in ...

Bloomberg Hong Kong demonstrators and police clashed for a second straight day as the city’s China-backed government struggles to quell growing discontent and amid violent clashes that have marred the historic movement in recent weeks. Police fired volleys of tear gas at hundreds of black-shirted protesters on Sunday in Sai Ying Pun, a residential and business area where the Chinese ...

“They call him Britain Trump!” Such was the US president’s ungrammatical reaction to Boris Johnson’s nomination as the UK’s new prime minister. “They like me over there…He’ll get it done.” If “it” means channelling the fire and the fury of Trump’s hostile rhetoric, without really guaranteeing much in the way of concrete results, this analysis is eerily accurate. What it ...

Supply-chain finance is the secret sauce behind Citigroup Inc.’s mid-20percent return on equity from transaction banking. That might sound counterintuitive, especially in Asia. The export-led region is facing the brunt of supply dislocations as the US-China trade war intensifies. But the skirmish isn’t a showstopper for financing. As production moves from one country to another, transactions that need to be ...