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India's Modi meets Foxconn chief amid govt probe into hiring practices

RPT-India's Modi meets Foxconn chief amid govt probe into hiring practices Repeats story published earlier on Wednesday for a wider audience. Modi, Foxconn chair discuss latter's investment plans for India India is probing possible hiring bias at Foxconn India plant Probe followed a Reuters report on biased hiring practices Modi's X post did not say if probe was addressed at meeting By Aditya Kalra NEW DELHI, Aug 14 (Reuters) - Indian Prime Minister Narendra Modi met Foxconn Chairman Young Liu t
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Berkshire invests in Ulta Beauty, Heico as it retreats from Apple

UPDATE 2-Berkshire invests in Ulta Beauty, Heico as it retreats from Apple Adds Heico comment, updated after-hours stock prices, paragraphs 3, 6-7 By Jonathan Stempel Aug 14 (Reuters) - Warren Buffett's Berkshire Hathaway BRKa.N acquired stakes in cosmetics store chain Ulta Beauty ULTA.O and aircraft parts maker Heico HEI.N during the second quarter, when it also nearly halved its huge stake in Apple AAPL.O .
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Tech stocks in focus as investors eye latest filings from funds

FACTBOX-Tech stocks in focus as investors eye latest filings from funds Updates with Light Street, Maverick By Carolina Mandl and David Randall NEW YORK, Aug 14 (Reuters) - Investors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the second quarter, a period marked by a series of record highs in the S&P 500 that preceded more recent turmoil in U.S.
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Berkshire reveals stakes in Ulta Beauty, Heico as it retreats from Apple

Berkshire reveals stakes in Ulta Beauty, Heico as it retreats from Apple Aug 14 (Reuters) - Warren Buffett's Berkshire Hathaway BRKa.N acquired stakes in cosmetics store chain Ulta Beauty ULTA.O and aircraft parts maker Heico HEI.N during the second quarter, when it also significantly cut its huge stake in Apple AAPL.O . Berkshire owned about 690,000 Ulta Beauty shares worth $266.3 million and 1.04 million Heico shares worth $185.4 million as of June 30, according to a Wednesday regulatory filin
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Tech stocks in focus as investors eye latest filings from funds

FACTBOX-Tech stocks in focus as investors eye latest filings from funds Updates with more funds By Carolina Mandl and David Randall NEW YORK, Aug 14 (Reuters) - Investors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the second quarter, a period marked by a series of record highs in the S&P 500 that preceded a more recent bout of turmoil in U.S.
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Apple Pushes Ahead With Tabletop Home Device In Shift To Robotics- Bloomberg News

BRIEF-Apple Pushes Ahead With Tabletop Home Device In Shift To Robotics- Bloomberg News Aug 14 (Reuters) - APPLE PUSHES AHEAD WITH TABLETOP HOME DEVICE IN SHIFT TO ROBOTICS- BLOOMBERG NEWS Source https://tinyurl.com/yc6r46vm
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Tech stocks in focus as investors eye latest filings from funds

FACTBOX-Tech stocks in focus as investors eye latest filings from funds Adds Rokos Capital Management position NEW YORK, Aug 14 (Reuters) - Investors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the second quarter, a period marked by a series of record highs in the S&P 500 that preceded a more recent bout of turmoil in U.S.
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Apple Says Starting With Ios 18.1, Developers To Be Able To Offer NFC Contactless Transactions Using Secure Element From Within Own Apps On iPhone

BRIEF-Apple Says Starting With Ios 18.1, Developers To Be Able To Offer NFC Contactless Transactions Using Secure Element From Within Own Apps On iPhone Aug 14 (Reuters) - Apple Inc AAPL.O : APPLE - STARTING WITH IOS 18.1, DEVELOPERS TO BE ABLE TO OFFER NFC CONTACTLESS TRANSACTIONS USING SECURE ELEMENT FROM WITHIN OWN APPS ON IPHONE APPLE -TO INCOR
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Sustainable Finance Newsletter - worker pay gap has narrowed to 268:1, but that won't last

Sustainable Finance Newsletter - CEO-worker pay gap has narrowed to 268:1, but that won't last By Ross Kerber Aug 14 (Reuters) - The topic of this week's column is the huge compensation gap within companies. The difference between the pay of CEOs and their workers drew a notch narrower, a recent report showed, but don't hold your breath for the trend to continue as labor markets soften.
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Breaking up Google an option being considered by US, Bloomberg News reports

UPDATE 1-Breaking up Google an option being considered by US, Bloomberg News reports Updates Aug. 13 story with Justice Department comment in paragraphs 3-4, Wednesday's share trading in paragraph 2 Aug 14 (Reuters) - The U.S. Department of Justice is considering options that include breaking up Alphabet's GOOGL.O Google, a week after a judge ruled the tech giant illegally monopolized the online search market, according to Bloomberg News.
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Breaking up Google an option being considered by US, Bloomberg News reports

UPDATE 1-Breaking up Google an option being considered by US, Bloomberg News reports Updates Aug. 13 story with Justice Department comment in paragraphs 3-4, Wednesday's share trading in paragraph 2 Aug 14 (Reuters) - The U.S. Department of Justice is considering options that include breaking up Alphabet's GOOGL.O Google, a week after a judge ruled the tech giant illegally monopolized the online search market, according to Bloomberg News.
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India's Modi meets Foxconn chief amid govt probe into hiring practices

India's Modi meets Foxconn chief amid govt probe into hiring practices Modi, Foxconn chair discuss latter's investment plans for India India is probing possible hiring bias at Foxconn India plant Probe followed a Reuters report on biased hiring practices Modi's X post did not say if probe was addressed at meeting By Aditya Kalra NEW DELHI, Aug 14 (Reuters) - Indian Prime Minister Narendra Modi met Foxconn Chairman Young Liu to discuss the latter's investment plans on Wednesday, weeks after New D
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US clears inflation decks, NZ cut surprises

MORNING BID AMERICAS-US clears inflation decks, NZ cut surprises A look at the day ahead in U.S. and global markets from Mike Dolan Feeding off impressive disinflation and a growing list of central bank interest rate cuts around the world, global stocks and bonds are rallying anew - with today's U.S. consumer price update set to clear the deck for Fed easing next month.
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Spotify to add price information in its app on Apple devices in EU

Spotify to add price information in its app on Apple devices in EU Aug 14 (Reuters) - Spotify SPOT.N will update its app on Apple AAPL.O devices in the European Union on Wednesday to include prices of its various plans and services, more than three months after the iPhone maker rejected such a move. That rejection was due to Spotify not accepting Apple's Music Streaming Services Entitlement, newly introduced terms governing how music streaming apps in the European Economic Area inform users of o
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Norway's wealth fund flags sovereign debt risk to stock markets

UPDATE 4-Norway's wealth fund flags sovereign debt risk to stock markets Countries are not doing enough to lower debt, fund CEO says Fund returns 8.6% in the first half of year Says result driven by 'fragile' technology stocks Recasts with interview with CEO, deputy CEO, in paragraphs 1, 4-10, 18 By Gwladys Fouche ARENDAL, Norway, Aug 14 (Reuters) - Countries around the world are not doing enough to reduce their debts and this poses a risk to the stability of already uncertain financial markets,
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Apple supplier Foxconn's profit beats forecasts as it rides AI boom

UPDATE 3-Apple supplier Foxconn's profit beats forecasts as it rides AI boom Q2 net profit T$35.05 bln vs T$33 bln previous year Foxconn says development on track for Nvidia GB200 chip Forecasts AI servers to be next trillion-dollar revenue product Adds details from earnings call and Foxconn statement, bullets By Yimou Lee and Faith Hung TAIPEI, Aug 14 (Reuters) - Apple AAPL.O supplier Foxconn 2317.TW on Wednesday surpassed expectations with a 6% rise in quarterly net profit, driven by a boom in
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Apple supplier Foxconn's Q2 profit rises 6% on year, beats forecasts

Apple supplier Foxconn's Q2 profit rises 6% on year, beats forecasts TAIPEI, Aug 14 (Reuters) - Apple AAPL.O supplier Foxconn 2317.TW reported on Wednesday a 6% rise in second-quarter net profit, driven by strong AI server demand. The Taiwanese company, the world's largest contract electronics maker, said net profit for the April-June quarter rose to T$35.05 billion ($1.09 billion) from T$33 billion in the same period the previous year.
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Shunning home markets, South Korean retailers pile-up on US stocks

FOCUS-Shunning home markets, South Korean retailers pile-up on US stocks South Koreans resume years-long trend of buying US stocks Recent markets rout unlikely to deter Korean buying of US stocks Koreans hold Tesla the most, followed by Nvidia and Apple Retail sell-off in the domestic market biggest on record By Jihoon Lee and Cynthia Kim SEOUL, Aug 14 (Reuters) - South Korea's mom-and-pop investors are defying last week's global financial markets rout by pouring even more funds into U.S.
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Breaking up Google an option being considered by US, Bloomberg News reports

Breaking up Google an option being considered by US, Bloomberg News reports Aug 13 (Reuters) - The U.S. Department of Justice is considering options that include breaking up Alphabet's GOOGL.O Google, a week after a judge ruled the tech giant illegally monopolized the online search market, Bloomberg News reported on Tuesday. Shares of the California-based company were down 1.4% in extended trading.
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Google launches enhanced Pixel phones in bid to leverage AI tech

UPDATE 3- Google launches enhanced Pixel phones in bid to leverage AI tech Adds analyst comments, background, paragraphs 2-6, 12 and 15 Pixel 9 starts at $799, which is $100 more than previous model New AI features include screenshot search, Gemini chatbot overlay Announcement comes two months ahead of Google's typical schedule By Kenrick Cai, Max A.
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