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News

New York Times business news - April 19

PRESS DIGEST- New York Times business news - April 19 April 19 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Apple AAPL.O said it pulled the Meta-owned META.O apps WhatsApp and Threads from its app store in China on government orders, potentially escalating the war over technology between the United States and China.
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Wall Street Journal - April 19

PRESS DIGEST - Wall Street Journal - April 19 April 19 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Apple said it had removed Meta Platforms's META.O WhatsApp and Threads from its App Store in China after being ordered to do so by the Chinese government.
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Remaking Made in India will be a long slog

BREAKINGVIEWS-Remaking Made in India will be a long slog The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Shritama Bose MUMBAI, April 19 (Reuters Breakingviews) - India’s $24 billion plan to become a rival to China's factory for the world builds on the South Asian nation's subsidies and cheap labour. Yet the production-linked incentive (PLI) scheme unveiled in 2020 is losing shine after a soaring start.
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TSMC's shares slide nearly 7% in Taipei on global chip outlook concerns

UPDATE 4-TSMC's shares slide nearly 7% in Taipei on global chip outlook concerns Adds details on broader market fall, paragraph 10 TAIPEI, April 19 (Reuters) - TSMC's Taipei-listed shares tumbled 6.7% on Friday following the company's first-quarter earnings report in which it dialled back its expectations for chip sector growth and did not revise up its capital spending plans, contrary to expectations.
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Apple Says Cyberspace Administration Of China Ordered Removal Of Meta's WhatsApp And Threads From China Storefront

BRIEF-Apple Says Cyberspace Administration Of China Ordered Removal Of Meta's WhatsApp And Threads From China Storefront April 18 (Reuters) - Apple Inc AAPL.O : APPLE - CYBERSPACE ADMINISTRATION OF CHINA ORDERED REMOVAL OF META'S WHATSAPP AND THREADS APPS FROM CHINA STOREFRONT BASED ON NATIONAL SECURITY CONCERNS Source text for Eikon: [ID:] Further
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