Workers leave iPhone factory in Zhengzhou amid COVID curbs
HONG KONG (AP) — Workers who assemble Apple Inc.’s new iPhone have walked out of their factory in northern China…
October 2022
Panasonic Q2 Profit Falls 11%
TOKYO (Reuters) – Japan’s Panasonic Holdings Corp posted on Monday an 11% drop in second-quarter operating profit, but performed better…
Japan Likely Spent Record Amount In October To Prop Up Yen
By Tetsushi Kajimoto TOKYO (Reuters) – Japan will announce on Monday that it spent what was likely a record amount…
Chinese manufacturing weakens, adding to economic pressure
BEIJING (AP) — Chinese manufacturing weakened in October, an official survey showed Monday, adding to downward pressure on the economy…
Apple Workers In Australia Gear Up For More Strike Action
By Lewis Jackson SYDNEY (Reuters) – Hundreds of Apple workers in Australia are set to strike again after almost two-thirds…
Asian shares advance, shrugging off Wall Street retreat
BANGKOK (AP) — Shares have advanced in Asia despite a retreat on Wall Street. Hong Kong jumped more than 3%…
Toyota Profit To Rise But Eyes Will Be On Its Shaky Supply Chain, EV Strategy
By Satoshi Sugiyama TOKYO (Reuters) – Toyota Motor Corp is expected to report a small quarterly profit increase on Tuesday,…
Exclusive-Foxconn COVID Woes May Hit Up To 30% Of IPhone Nov Shipments From Zhengzhou Plant – Source
By Yimou Lee TAIPEI (Reuters) – Apple supplier Foxconn’s COVID-19 woes at its vast iPhone manufacturing facility in China’s Zhengzhou…
China’s Oct Factory Activity Unexpectedly Skids Amid Slowing Demand
BEIJING (Reuters) -China’s factory activity unexpectedly fell in October, an official survey showed on Monday, weighed by softening global demand…
Wheat Climbs More Than 5% As Russia Withdraws From Black Sea Export Agreement
SINGAPORE (Reuters) – Chicago wheat futures rose more than 5% on Monday as Russia’s withdrawal from a Black Sea export…