Apple Delays iPhone Air Launch in China
Apple, the US-based company headquartered in Cupertino, California, has postponed the launch of its new iPhone Air in China due to regulatory approval issues.
The iPhone maker had announced that the new product would be available in the region on September 12 for reservations and September 19 for general availability, just like in the US and other markets.
In the United States, deliveries of some iPhone 17 Pro Max models have been delayed from October 6 to 13 due to high demand for the device.
Alphabet and Amazon Under FTC Scrutiny
US technology companies Alphabet and Amazon are under investigation by the US Federal Trade Commission (FTC) to determine if they engaged in practices harmful to advertisers who place ads on their websites, according to a Bloomberg report based on sources familiar with the matter.
The FTC’s consumer protection unit is investigating whether the companies properly disclosed prices and conditions for ad placements, as per the report.
Viva Aerobus Reports 8.2% Increase in Passenger Traffic
Viva Aerobus, Mexico’s second-largest low-cost airline, saw an 8.2% increase in passenger traffic from August compared to the same period last year, serving 2.696 million travelers.
The growth recorded last month was the highest of the past three months, thanks to improved domestic and international travel as the summer season ended. Domestic passenger traffic increased by 8%, while international traffic grew by 9.9%.
The airline mentioned that it continues to be affected by the grounding of some aircraft for a global engine review by Pratt & Whitney.
In August, the airline achieved an occupancy rate of 89.5%, its highest level since July 2023.
GBM Launches Virtual University to Professionalize Financial Advisory
GBM Securities, a brokerage firm based in Mexico City, created an online educational platform called Universidad GBM to address the need for professionalizing financial advisory work in the country and expand the network of certified advisors in Mexico.
Universidad GBM is a hybrid educational program (virtual and in-person) focused on wealth management for the Mexican market, with a practical approach to managing portfolios.
To put this into perspective, Mexico has 20 million investment accounts, but only 10,000 people are certified as advisors in investment strategies, according to the Mexican Securities Exchange Association.
The program began operations three months ago and has already graduated its first class of 28 individuals. The second edition starts this September with 40 participants, but the firm aims to graduate “thousands of advisors annually,” according to a statement.
According to its website, Universidad GBM lasts three to four months, costs $6,000, and offers scholarships of up to 100%, subject to a selection process.
Key Questions and Answers
- Q: Why was the iPhone Air launch in China delayed? A: The delay is due to regulatory approval issues.
- Q: What is the investigation about for Alphabet and Amazon? A: The FTC is investigating if they engaged in harmful practices towards advertisers on their platforms.
- Q: How much did Viva Aerobus’s passenger traffic increase? A: The increase was 8.2%.
- Q: What is the purpose of Universidad GBM created by GBM Securities? A: To professionalize financial advisory work in Mexico and expand the network of certified advisors.
