Huawei & Xiaomi Launch Foldable Phones Ahead of Apple Event

Huawei and Xiaomi launched competing flagship foldable smartphones in China on September 7, according to Reuters, setting up a high-stakes market clash ahead of Apple’s product unveiling on September 9. Huawei Mate XT2 Features and Pricing According to Reuters, Huawei’s Mate XT2 folds out twice to form a tablet-sized screen and runs on the company’s … Read more

Iran Reports No Progress in Reviving US Interim Peace Deal

Iran and the United States remain at loggerheads over efforts to secure a permanent end to the war in the Gulf, according to a senior Iranian source who reported zero progress in reviving an interim deal agreed in June. The stalled diplomatic efforts coincided with a fresh wave of maritime attacks on Tuesday that rattled … Read more

Treasury Wine Takes $395M Charge to Overhaul US Supply Chain

Treasury Wine Estates Faces A$558.4 Million Charge Amid U.S. Operational Pivot Treasury Wine Estates (TWE.AX) expects to record an additional A$558.4 million ($394.5 million) post-tax charge in 2026, stemming from a strategic review of its Americas business. According to Reuters, this write-down targets U.S.-based assets and brands, following a June announcement that identified excess supply-chain … Read more