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LG Display Co Ltd posted its highest quarterly profit this year thanks to increased sales of displays for devices such as Apple Inc's iPhone, but said prices for mainstay TV displays will keep falling along with TV set demand.
On its first day as part of Amazon.com, organic grocery chain Whole Foods Market Inc slashed prices on popular items like avocados and apples on Monday by a third as it bid to shake off its "Whole Paycheck" reputation for high prices.
Amazon.com Inc said it will cut prices on a range of popular goods as it completes its acquisition of Whole Foods Market Inc, sending shares of rival grocers tumbling on fears that brutal market share battles will intensify.
Apple Inc and other consumer brands lowered prices for their products in China on April 1 as a cut in the country's value-added tax (VAT) rate came into effect.
Several Chinese electronics retailers including Alibaba-backed Suning and JD.com have slashed iPhone prices this week, after Apple recently blamed poor sales of the smartphone in the country for a rare revenue warning.
Spotify Technology SA plans to start raising prices in Norway next month, a small-market test that may foreshadow increases for its global listeners later.
When Amazon first lowered prices at Whole Foods Market after buying the grocer in August, customers wondered if the changes could eventually make Whole Foods as affordable as other stores.
The prices of several big-name Nasdaq-listed stocks appeared on some websites to either spike or plummet well after the closing bell on July 3, seemingly due to a glitch related to the market data that runs the largely automated markets.
New technology is helping miners cut costs to survive the worst downturn in commodity prices in nearly two decades.