A key supplier for Apple Inc. has started making components for AirPods in India, a significant move for the US tech giant as it looks to expand production in the country.

Nigeria's sovereign-risk premium rose sharply on Monday after Moody's Investors Service downgraded the country's credit rating. This is the biggest increase in the risk premium in three months.

Apple Inc. is a publicly traded company with ticker AAPL. As of February 2021, the company's share price was 1.37%.

Chinese companies are on track to be the first to recover from last year's global slump in share sales, following a sharp rally spurred by Beijing's pivot to prioritizing growth from Covid curbs. The road to recovery is expected to be bumpier in the US and Europe, where aggressive monetary tightening and looming economic weakness continues to depress risk appetite.‍

American Express shares soared 11% after the company issued strong earnings and revenue guidance for 2023 that topped Wall Street analysts' expectations.