Stay-at-Home Demand Drives Apple Growth

Stay-at-Home Demand Drives Apple Growth

Apple reported sales growth across all its products, with iPads and Mac computers in particular benefiting from the shift to working and learning from home. Apple’s overall sales rose 11% in the third quarter to $59.7 billion and profits increased 12% to $11.25 billion. Earnings came in at $2.58 per share. Analysts had expected earnings […]

IEA Raises Oil Demand Forecast for 2020

IEA Raises Oil Demand Forecast for 2020

The International Energy Agency raised its forecast for world oil demand in 2020 but warned that the recent surge in COVID-19 cases could threaten the recovery from the sharp decline in the first half of the year. In its latest monthly report, the IEA said it is now...