Foxconn’s May sales drop 9.5% y/y on smartphone weakness
TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and major iPhone assembler for Apple Inc, said on…
2023
Analysis-Smaller UK firms attractive targets for PE buyouts
By Shristi Achar A and Johann M Cherian (Reuters) – Even as higher costs of borrowing continue to choke dealmaking,…
California probing whether Florida sent migrant flight to Sacramento
(Reuters) – California’s attorney general is investigating whether the government of the state of Florida played any role in sending…
UBS to retain more than 100 Credit Suisse bankers in Asia -source
By Mrinmay Dey and Scott Murdoch (Reuters) -UBS Group AG is looking to retain more than 100 Credit Suisse Group…
France Rolls Out The Red Carpet For EV Battery Factories
By Elizabeth Pineau, Gilles Guillaume and Michel Rose PARIS – For French President Emmanuel Macron, it was a light-bulb moment….
Biden signs debt limit bill, avoiding U.S. default
By Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden on Saturday signed a bill that suspends the U.S. government’s $31.4 trillion…
Federal judge rejects Tennessee drag show ban as unconstitutional
By Timothy Gardner WASHINGTON (Reuters) – A federal judge has ruled that Tennessee’s law restricting drag performances in public or…
Texas becomes largest state to ban transgender care for minors
By Daniel Trotta (Reuters) – Texas Governor Greg Abbott on Friday signed a bill that bans transgender healthcare including puberty…
China’s services activity picks up in May on improved demand- Caixin PMI
BEIJING (Reuters) – China’s services activity picked up in May, a private-sector survey showed on Monday, as a rise in…
Japan’s Nikkei closes at 33-year high; firm Wall Street lifts appetite
TOKYO (Reuters) – Japan’s Nikkei share average closed at its highest in 33 years on Monday as gains on Wall…