Tag: Business
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Massive Foxconn iPhone factory in China shaken by new labour unrest
At the Foxconn (2317.TW) flagship iPhone factory in China, hundreds of workers participated in protests, with some individuals breaking windows and security cameras, according...
Walgreens, CVS, and Walmart concur to pay $13.8 billion to resolve American opioid claims
Two people familiar with the negotiations claimed CVS Health Corp (CVS.N), Walgreens Boots Alliance Inc (WBA.O), and Walmart Inc (WMT.N) have provisionally agreed to...
Due to COVID restrictions and the global slump, China’s imports and exports decline
China's imports and exports unexpectedly fell in Oct, the first time they did so at the same time since May 2020, as new COVID-19...
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...