Business
US dollar trades mixed
New York: The US dollar traded mixed against other major currencies amid renewed turbulence in global equity markets.
US stocks extended losses on Tuesday as the broad-based sell-off around the world rattled nervous investors, a news agency reported on Wednesday.
Chinese shares slumped on weak economic data. European stocks also traded sharply lower as the falls across the board weighed on market sentiment.
Following the global rout, The greenback dropped against the safe-haven Japanese yen for a second day on Tuesday.
The dollar index, which measures the greenback against six major peers, was down 0.44 percent at 95.405 in late trading.
The US August manufacturing PMI registered 51.1 percent, missing market consensus of 52.8 percent and a decrease of 1.6 percentage points from the July reading of 52.7 percent, said the Institute Supply Management (ISM) Tuesday.
The Commerce Department said the US construction spending in July was estimated at a seasonally adjusted annual rate of $1,083.4 billion (0.7 percent) above the revised June estimate, slightly below market expectations.
In late New York trading, the euro rose to $1.1309 from $1.1220 in the previous session, and the British pound dropped to $1.5316 from $1.5349 in the previous session.
The Australian dollar inched down to 0.7041 dollar from 0.7121 dollar.
The US dollar bought 119.69 Japanese yen, lower than 121.20 yen of the previous session.
The greenback dived to 0.9607 Swiss franc from 0.9675 Swiss franc, and increased to 1.3181 Canadian dollars from 1.3179 Canadian dollars.
Business
Apple is giving a huge discount on its gadgets: Details inside
If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.
The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.
Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.
Amazon Summer Sale May 2022: Discount offer on iPhone 13
Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.
If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.
Buy at Rs. 64,900 (MRP – Rs. 79,900)
Features of Apple iPhone 13
The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.
The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.