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Apple Launches Klarna-backed Upgrade Leasing

Apple is launching the Apple Upgrade device-leasing program, backed by Klarna, set to debut in the U.S. on July 28 with 24-month leases for iPhone and Apple Watch and 36-month leases for Mac and iPad, allowing early upgrades, payoff, or returns as it phases out the current iPhone Upgrade Program. The move, aimed at expanding financing options and customer access to the latest devices, accompanies exclusions such as AppleCare and some devices, and signals Klarna’s growing role in Apple’s device-financing strategy.

23 sources

Photo: U.S. Department of State / Wikimedia Commons (Public domain)

U.S. Jordan Sign Reciprocal Trade Agreement

The United States and Jordan announced a reciprocal trade agreement to expand market access and reduce barriers for U.S. exports, including duty-free treatment for most U.S. goods entering Jordan and expanded access for American agricultural products and motor vehicles. The pact also emphasizes environmental and labor standards, intellectual property protections, fair trade practices, customs modernization, and cooperation on supply chain resilience and investment security, with further talks planned on services and investment to remove remaining barriers.

9 sources

IQE lifts 2026 revenue growth forecast

IQE lifted its 2026 revenue growth forecast to more than 30% driven by accelerating demand for Indium Phosphide optical photonics in AI and data-centre infrastructure, anchored by first-half revenues of at least £64m and a debt-free balance sheet. Despite 2025 weakness in wireless and ongoing margin pressures, management expects continued momentum across photonics, aerospace/defense, and 3D sensing to sustain growth into the latter half of 2026.

7 sources

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Apple Launches Klarna-backed Upgrade Leasing

U.S. Jordan Sign Reciprocal Trade Agreement

IQE lifts 2026 revenue growth forecast