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"First-half revenue was down 13 percent year-over-year, about a third of which was attributable to FX (foreign exchange)," Apple CEO Tim Cook said during a conference call with analysts.

"Forever 21's restructuring will focus on maximizing the value of our US footprint and shuttering certain international locations," the company said in a statement. "As such, and as part of our filing, we have requested approval to close up to 178 stores across the US. The decisions as to which domestic stores will be closing are ongoing, pending the outcome of continued conversations with landlords. We do, however, expect a significant number of these stores will remain open and operate as usual, and we do not expect to exit any major markets in the US."

"For many years we have celebrated our new season with opera productions. Onegin is a production true to the rich traditions of Russian art and theater. We hope audiences in Shanghai can experience its unique beauty and charm," said Zhang Xiaoding, general manager of SGT.

"For now, we have agreed to this policy of Remain in Mexico," Sanchez was quoted by the US newspaper as saying in an interview, while calling it a "short-term solution".

"For the innovators of Austin and beyond, China is a big opportunity that cannot be missed," he added.