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Apple raises prices on MacBooks, iPads and other devices
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Apple increased prices Thursday on numerous products including MacBooks, iPads, HomePods and Apple TVs. The company attributed the hikes to surging costs for memory and storage chips amid high demand from AI data centers. iPhone prices remain unchanged for now.
Overseas investors have invested a record ₹39,640 crore in Indian government bonds during June so far. The inflows follow tax exemptions and expanded access to sovereign debt. These steps are intended to increase foreign participation in the market.
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Chess.com has announced a new investment from CVC Capital Partners. The private markets firm joins existing investor General Atlantic as the platform enters its third decade.
Google is implementing lower fees and new payment options in the Play Store starting next week in Europe, the UK, and the US. The changes fulfill terms from its settlement with Epic Games. Further markets will follow later this year and in 2027.
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Entrepreneur Martin Herrenknecht has threatened to relocate parts of his company amid a dispute over traffic calming measures in Schwanau. The 83-year-old criticized the placement of flower pots in front of his factory premises.
SK hynix Inc. announced plans to raise up to 45.45 trillion won through a stock offering to list its American depositary receipts on the Nasdaq.
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Oil prices are dropping significantly as tankers resume passage through the Strait of Hormuz following a preliminary peace accord between the US, Israel, and Iran. This easing of supply concerns has pushed prices towards pre-war levels.
Hybrid SIFs attract wealthy investors with tax benefits
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