Monday 25 March 2019

Daily Investor Update: Apple spotlights services with TV, gaming and credit card offerings

Reuters.com Newsletter

Apple spotlights services with TV, gaming and credit card offerings

Apple Inc attempted to reintroduce itself on Monday as an entertainment and financial services company that also makes iPhones as it launched a streaming television service, a credit card and an online gaming arcade.

Oil prices mixed on economic slowdown fears, supply hopes

Oil prices were mixed on Monday, as concerns about a slowdown in global economic growth lingered, offset by the prospect of tighter U.S. crude supply.

Boeing readies 737 MAX software fix as families wait for crash report

Boeing Co will provide airlines that have bought the 737 MAX with free software upgrades, the U.S. manufacturer said on Monday, as Ethiopian Airlines told Reuters it expected a preliminary crash report this week or next.

Ethiopian Airlines CEO says preliminary crash report 'may be this week or next'

Ethiopian Airlines Chief Executive Officer Tewolde Gebremariam said on Monday he expected the preliminary release of a report into the March 10 crash of its Boeing 737 800 MAX "maybe this week or next week".

Apple News+ offers variety, but WSJ holds back on business stories

Apple Inc's Apple News+ service will consolidate content from 300 popular magazines and newspapers for $10 a month, but at least one source will offer only selected articles instead of its entire library.

Factbox: Apple launches TV app, streaming and gaming service

Apple Inc on Monday launched streaming and video game services, looking to tap into 1.4 billion users of its gadgets to counter slowing demand for its iPhones.

Factbox: Spielberg, Oprah to make shows for Apple's new streaming service

Apple Inc unveiled an all new Apple TV app and a streaming service called Apple TV+ at an event on Monday at its California headquarters.

Newmont offers special dividend to investors to back Goldcorp deal

Newmont Mining Corp will pay a special dividend of 88 cents per share in an effort to soothe unhappy shareholders if they approve its $10 billion takeover of Goldcorp Inc, the company said on Monday.

Apple partners with Goldman to add a credit card to Wallet

Apple Inc said on Monday it will launch a credit card with Goldman Sachs Group Inc this summer that will be synched with iPhone users' Apple Wallet and can be used to buy Apple products at a discount.

Wall St falls with Apple, lingering global growth fears

U.S. stocks slipped on Monday, extending the previous session's sell-off, hit by worries of a slowdown in global economic growth and as Apple shares fell.

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