Business

Tim Cook says Apple is investing $1 billion in U.S. manufacturing

Tim Cook says Apple is investing $1 billion in U.S. manufacturing

Apple announced that in the first quarter of this year sales increased by 5% to $53 billion and net income increased from $10.5 billion to $11.0 billion. "We are encouraged by double-digit growth in the installed base and continue to see upside to estimates as the year progresses". Cook said. "How do we grow the developer base? How do we grow manufacturing?" "And I hope that comes to pass", Cook said in response to a question about tax reform.


US and China sign trade agreement

US and China sign trade agreement

China said Friday it will lift its long-standing ban on United States beef and increase market access for financial firms, as part of initial results of the 100-day action plan of the world's two largest economies to reshape their trade relationship.


Leaked Labour Party manifesto signals shift in party's stance

Leaked Labour Party manifesto signals shift in party's stance

Speaking at the Chatham House global affairs think-tank in London, Corbyn said the world was "becoming more dangerous" due to war, climate change, the refugee crisis and a "grotesque level of inequality". Mr Corbyn said that in office, Labour would work to halt the "drift to conflict" with Russian Federation while maintaining its opposition to human rights abuses by Moscow.



Najib's visit to boost Malaysia, china economic growth

Stressing that the OBOR project, launched in 2013 at the initiative of the Chinese President Xi and called the Modern Silk Road, is of great importance, Erdo─čan said that the objective of this historic project is to develop a comprehensive infrastructure, transportation, investment, energy and trade network linking Asia, Europe, the Middle East and Africa.



Hamas elects Haniyeh as new political chief

Meshaal is stepping down because he's served a maximum two terms in office. Outgoing Hamas leader Khaled Meshaal said Hamas's fight was not against Judaism as a religion but against what he called "aggressor Zionists". His late father, Abdul Salam Haniya, was a Palestinian refugee and a fisherman, who escaped with his family from a small town near Ashkelon to the Gaza Strip during the 1948 Arab-Israeli war, shortly before the birth of the state of Israel.