Apple under pressure to shine after AI stumble

Pressure is on Apple to show it hasn’t lost its magic despite broken promises to ramp up iPhones with generative artificial intelligence (GenAI) as rivals race ahead with the technology. Apple will showcase plans for its coveted devices and the software powering them at its annual Worldwide Developers Conference (WWDC) kicking off Monday in Silicon […]
Chinese consumer prices continue to fall as US trade talks loom

Chinese consumer prices fell for the fourth straight month in May, data showed Monday, as the world’s second biggest economy struggles with sluggish spending and global trade turmoil. Beijing has failed to boost sluggish domestic consumption since the end of the pandemic, threatening official growth targets and complicating its ability to shield its economy from […]