SHANGHAI (Reuters) - Premium sportswear brands are enjoying robust growth in China as they take to directly courting their main customers, posing yet another setback to megabrands Nike ( NKE ) and Adidas as they grapple with local competitors in the $55 billion sportswear market. Sportswear is a rare bright spot in China's sluggish consumer market, as health and wellness...

SAN FRANCISCO (Reuters) - Apple's ( AAPL ) developer conference on Monday was about more than infusing its software with the latest artificial intelligence technology, including from ChatGPT. It was also about selling more iPhones. Facing choppy consumer spending and resurgent tech rivals, Apple ( AAPL ) has looked to AI as a way to invigorate its loyal fan base...

Apollo Global Management Inc ( APO ) and Kyndryl Holdings Inc ( KD ) , a spinoff from IBM ( IBM ), are reportedly considering a joint bid for DXC Technology Co ( DXC ) . What Happened: Apollo and Kyndryl ( KD ) are in discussions regarding a potential acquisition offer for DXC, with the per-share bid ranging between...

* Indian quick grocery delivery firms bet big on online shoppers * Many local retailers say online apps hitting their business * Goldman says Indian quick commerce market could touch $40 bln * India market grows as global startups struggle By M. Sriram and Dhwani Pandya MUMBAI, June 11 (Reuters) - In a middle-class suburb of Mumbai, workers at SoftBank-backed...