Apple To Delay Bonuses For Some Employees, Limit Hiring

Apple Inc. will delay bonuses for some corporate divisions and will also limit hiring for more jobs as it expands cost-cutting efforts, Bloomberg reported citing people familiar with the matter. The tech giant will reduce the frequency of bonuses for a portion of Apple’s corporate workforce, as it expects to […]

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German Industrial Output Recovers; Retail Sales Unexpectedly Fall

Germany’s industrial production rebounded at a stronger-than-expected pace in January, but retail sales unexpectedly fell again indicating that private consumption could act as a drag on economic growth this year. Industrial production grew 3.5 percent on a monthly basis to offset the revised 2.4 percent decline in December, data from […]

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