TOKYO -- Combined net profits at major companies worldwide slipped during the quarter ended in June, as a strong recovery among U.S. tech giants was unable to fully offset weakness in fields such as commodities and chemicals on China's economic slowdown.
Business trends
Global corporate earnings dip amid flagging China demand
Apple, Amazon and other Big Tech players bounce back on cost cuts, ad sales
Cost savings boosted profit margins at Apple, which is building up its services business to reduce dependence on the iPhone. © Reuters
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