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Shipping firm Maersk, a barometer for global trade, warns of weak demand and warehouses filling up

AP Moller-Maersk on Wednesday forecast a slowdown in global shipping container demand in 2022 amid weakening consumer confidence and supply chain congestion. International: Top News And Analysis

US News

Starbucks CEO defends wage hikes as stock falls 7% on coffee chain’s weak earnings outlook

Starbucks CEO Kevin Johnson defended the coffee chain’s plans to hike wages for baristas, saying that the move will help the company gain market share. U.S. News

World

Apple warns on revenue guidance due to production delays, weak demand in China because of coronavirus

Apple said in late January that it expected to report net sales between $ 63 billion to $ 67 billion in its fiscal second quarter. International: Top News And Analysis