Apple Goes on the Offensive as iPhone Sales Slip in Its Biggest Overseas Market 
 

The company is offering rare discounts in China, including on its latest iPhones, in a bid to compete with high-end offerings from Samsung and Huawei.

 
Shell Sells Nigeria Onshore Oil Business 
 

Shell agreed to sell its Nigerian onshore subsidiary to a consortium of five companies for up to $2.4 billion.

 
Chinese Property Stocks Fall on Subdued Sentiment Following Weak Sales 
 

Chinese property stocks fell in Hong Kong on subdued investor sentiment, with companies reporting weaker contracted sales for December and the full year of 2023 as the property sector downturn continues.

 
Global Battery Race Heats Up With Billions for Europe's Northvolt 
 

The startup plans to use the funding to expand battery production at a factory in northern Sweden for customers such as Volkswagen and BMW.

 
Closing of Kroger, Albertsons, C&S Deal Postponed 
 

The proposed merger of U.S. grocery giants Kroger and Albertsons, and sale of assets to C&S Wholesale Grocers, will be later than previously anticipated as the companies continues discussion with regulators.

 
Rio Tinto Annual Iron Ore, Aluminum Output Rises 
 

Rio Tinto said it produced more iron ore, aluminum and copper last year than the year before, reaching annual targets as it ramped up new mining operations in Australia and Mongolia.

 
Goldman Sachs Earnings Are Due Today. What They Mean for the Stock. 
 

A shift away from retail could have a large impact on results.

 
OpenAI Bans Use of AI Tools for Campaigning, Voter Suppression 
 

The maker of ChatGPT and Dall-E aims to prevent abuse and increase transparency.

 
Apple to Remove Blood-Oxygen Sensor From Watch to Avoid U.S. Ban 
 

Tech giant's withdrawal of technology may end cloud hanging over $18 billion smartwatch business.

 
Chinese EV-Charging Company Star Charge Aims for Hong Kong IPO in Late 2024 
 

Star Charge, a Chinese maker of electric-vehicle charging stations, aims to go public in Hong Kong as early as the second half of 2024, according to people familiar with the matter.

(END) Dow Jones Newswires

January 16, 2024 05:15 ET (10:15 GMT)