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Stories tagged Reuters

3 stories in this topic

Automotive industry
Aiko TanakaAutomotive

More Jobs In Auto Lost, Toyota And Hyundai Cut Production

With India’s auto sales declining for the ninth straight month in July, more automotive manufacturers are laying off workers and temporarily halting production to keep costs in check, according to sources and documents seen by Reuters. Japanese carmaker…

Apple Store New York
Wei ZhangElectronics

Apple China bracing for fall

Even as it announces record revenues and net profit, Apple says it has sold fewer iPhones in the first quarter and is bracing for a fall in sales in its critical Chinese market. “It’s becoming more apparent that there are some signs of economic softness,”…

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