Market slump

Oil prices extended losses on Wednesday after plunging 5% in the previous session, as investors fretted about the health of the US economy ahead of an expected Federal Reserve interest rate hike later in the day. Brent futures…

Global shipments of personal computers (PCs) have dropped by 29% in the first quarter of 2023 due to weak demand, excess inventory and a deteriorating macroeconomic climate. Apple Inc. takes the largest hit, according to market research…