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Exclusive-Apple supplier Foxconn wins AirPod order, plans $200 million factory in India – source
By Yimou Lee TAIPEI (Reuters) - Taiwanese contract manufacturer Foxconn has won an order to make AirPods for Apple Inc and plans to build a factory in India to produce the wireless earphones, two peop...
Syndicated Content Mar 15, 2023
Computer breakdown at Hong Kong airport delays hundreds of travellers – media
HONG KONG (Reuters) - Hundreds of travellers at Hong Kong's international airport faced delays on Thursday after computer services broke down, broadcaster TVB reported, with footage showing scores of ...
Syndicated Content Mar 15, 2023
Instant view- Credit Suisse to borrow up to $54 billion to boost liquidity
SINGAPORE (Reuters) - Credit Suisse said on Thursday it was taking "decisive action" to strengthen its liquidity by borrowing up to $54 billion from the Swiss central bank after a slump in its shares ...
Syndicated Content Mar 15, 2023
Berkshire Hathaway buys more Occidental shares, stake rises to 23.1%
(Reuters) - Warren Buffett's Berkshire Hathaway Inc purchased more Occidental Petroleum Corp shares, increasing its stake in the oil company to about 23.1%, a regulatory filing showed on Wednesday. Be...
Syndicated Content Mar 15, 2023
Oil regains some ground after falling to 2021 lows on banking sector fears
By Laura Sanicola Oil prices rose in early Asian trade on Thursday, clawing back some ground from more than one-year lows hit in the previous session as markets calmed somewhat after Credit Suisse was...
Syndicated Content Mar 15, 2023
China Feb new home prices rise at fastest pace since July 2021
By Liangping Gao and Ryan Woo BEIJING (Reuters) - China's February new home prices rose at the fastest pace since July 2021, official data showed on Thursday, as Beijing's move to reopen the economy a...
Syndicated Content Mar 15, 2023
Nearly 50,000 New Zealand teachers strike over pay, conditions
By Lucy Craymer WELLINGTON (Reuters) - Nearly 50,000 New Zealand teachers walked out of classrooms on Thursday, demanding better pay, conditions and resources at a time when the centre-left Labour Par...
Syndicated Content Mar 15, 2023
Xiaomi’s slow shift in India to premium smartphones helps Samsung steal its crown
By Munsif Vengattil, Aditya Kalra and Saurabh Sharma NEW DELHI/LUCKNOW (Reuters) - Xiaomi Corp is overhauling its India strategy after misjudging consumer tastes in mobile phones, a costly lapse that ...
Syndicated Content Mar 15, 2023
Credit Suisse intends to borrow up to 50 billion Swiss francs from Swiss National Bank
(Reuters) -Credit Suisse Group AG said on Thursday it intended to borrow up to 50 billion Swiss francs ($54 billion) from the Swiss National Bank in what it called "decisive action" to boost its liqui...
Syndicated Content Mar 15, 2023
Panic over bank turmoil sparks flight to safe haven currencies
By Rae Wee SINGAPORE (Reuters) - Safe haven currencies like the U.S. dollar and the yen were in demand on Thursday on renewed fears of a global banking crisis, after contagion from the implosion of U....
Syndicated Content Mar 15, 2023
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