Boeing now offering striking workers 38% pay rise

US aircraft manufacturer Boeing has made an improved offer to thousands of striking workers, including a 38% pay rise over four years, the IAM trade union said on Thursday. The trade union’s 33,000 members at Boeing will be asked to vote on the proposa…

Intel delights stock market with revenue forecast

Struggling US chip-maker Intel has positively surprised Wall Street with its revenue forecast for the current quarter on Thursday. The company’s shares, which have been badly shaken in recent months, rose by around 10% at times in after-hours US tradin…

Apple posts $14.7bn net income despite EU tax bill

Apple on Thursday posted a net income of $14.7 billion in the past quarter despite a huge tax bill in Ireland, a significant decline compared to the nearly $23 billion posted a year ago. Meanwhile, the iPhone maker’s total net sales rose 6% year-on-yea…