Business

Workers at Foxconn’s massive Chinese iPhone manufacturing leave out of fear of COVID

With 200,000 other employees, Yuan endured days of lock-in at the massive Foxconn site in central China. On Saturday night, Yuan managed to scale...

COVID restrictions: Apple iPhone production at a key Chinese plant could decrease by 30%

A source with a direct understanding of the situation said on Monday that increasing COVID-19 limitations in China might cause the production of Apple...

Boeing reports a larger loss due to changes in the defence industry

Boeing Co. (BA.N) unpredictably disclosed a larger deficit in the third quarter as hefty losses at its struggling military division were caused by cost...

ECB expected to highlight vulnerabilities in its non-binding assessment of the Spanish tax policy

Two sources with first-hand knowledge of the situation claimed that the European Central Bank is planning to warn in a forthcoming non-binding opinion of...

Hunt, the newly appointed UK finance minister, abruptly abandons Truss’s economic strategy

One of the largest fiscal and monetary policy boomerang motions in British history was started on Monday by new finance minister Jeremy Hunt, who...

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