Apple Triples India iPhone Output, Doubling Production in Major Shift Away from China! Unlock Secrets of India’s Economic Rise with Menaka Doshi’s Exclusive Newsletter!

Mumbai, India – In a strategic move to diversify its manufacturing base and reduce its dependence on China, Apple Inc. has significantly ramped up its production of iPhones in India. With a staggering $14 billion worth of iPhones assembled in India during the last fiscal year, the tech giant has effectively doubled its output, signaling a shift towards expanding its global production footprint. The decision to increase production in India reflects Apple’s efforts to navigate …

Read more

China’s Industrial Output and Retail Sales Surge Amid Surprising Economic Growth – Reuters报道

Shanghai, China – The industrial output and retail sales in China are showing signs of growth, offset by a slowdown in the property sector. This mixed economic picture was highlighted in recent data releases, demonstrating a shift in the country’s economic landscape. Despite the challenges in the property market, China’s industrial sector remains a bright spot, with upbeat figures indicating a strong start to the year. Retail sales have also shown positive momentum, exceeding expectations …

Read more

**Factory Output Skyrockets in China – Will Policy Makers Keep up?**

Shanghai, China- China’s recent surge in factory output and investment growth has sparked questions about when the government will intervene to provide further economic support to achieve its ambitious growth target. According to the National Bureau of Statistics, industrial output in January-February increased by 7% from the previous year, marking the fastest growth in two years and surpassing expectations. Fixed-asset investment also saw a notable uptick, rising by 4.2%, the strongest growth since April. Additionally, …

Read more

Oil Output Cuts Extended by OPEC+ Members: What This Means for the Energy Sector in Q2

Houston, Texas – OPEC+ members have unanimously agreed to extend oil output cuts until the second quarter, a move aimed at stabilizing oil prices amidst the global economic uncertainty caused by the ongoing pandemic. This decision comes as a relief to oil producers who have been grappling with a sharp decline in demand as travel restrictions and lockdowns continue to impact the global economy. The agreement, led by Saudi Arabia, Russia, and several other OPEC+ …

Read more

Activity China: Factory Output Takes a Hit for 5th Straight Month – What Happens Next?

Beijing, China – Factory activity in China has witnessed a decline for the fifth consecutive month, amid fears of a slowdown in economic growth. The latest data has raised concerns and pressure for more stimulus measures to boost the manufacturing sector. China’s manufacturing sector has been struggling due to weak demand both domestically and globally. The ongoing trade tensions between the US and China have also added to the challenges faced by Chinese factories. The …

Read more

Gas giant Qatar plans new output boost to combat global price collapse in 2024

Doha, Qatar – As global gas prices continue to plummet, Qatar is strategically planning to increase its gas output to meet growing demand and boost the country’s economy. The decision to ramp up gas production comes at a time when the energy market is facing significant challenges due to fluctuating prices and increasing competition. The Qatari government aims to capitalize on its vast natural gas reserves by investing in new infrastructure and technology to enhance …

Read more