Apple’s Earnings Come With a Low Bar and Big Buyback Hopes
Apple Inc. is facing something unusual as it gears up to report its second-quarter results after the close: low expectations.
Apple Inc. is facing something unusual as it gears up to report its second-quarter results after the close: low expectations.
Adani Enterprises Ltd., which posted a 38% fall in quarterly profit, said India’s markets regulator has queried it about possible violations.
Turkish consumer prices probably grew at the fastest in over a year, as generous fiscal policies such as minimum wage hikes keep inflation pressures elevated despite a rapid cycle of monetary tightening.
Negotiated wages in the euro area probably failed to slow in the first quarter, thanks mostly to an acceleration in Germany, according to Citigroup economists.
The US Federal Trade Commission declined to challenge Exxon Mobil Corp.’s $60 billion purchase of Pioneer Natural Resources Co. but asserted that Scott Sheffield, Pioneer’s co-founder, must not take a seat on the supermajor’s board.
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