NEW DELHI/TAIPEI: Foxconn plans to invest up to US$1 billion to expand a factory in southern India where the Taiwanese contract manufacturer assembles Apple iPhones, two sources said. The move, the scale of which has not previously been reported, is part of a quiet and gradual production shift by Apple […]
Year: 2020
HONG KONG: Hong Kong police on Friday (Jul 10) seized computers at the office of a prominent opinion pollster that was helping the city’s opposition to conduct a primary election planned for the weekend. The move came days after China imposed a sweeping new national security law on the financial […]
Lando Norris’s hopes of a repeat podium at the Red Bull Ring faded on Friday when the McLaren driver was handed a three-place grid penalty in practice for Sunday’s Styrian Formula One Grand Prix. SPIELBERG, Austria: Lando Norris’s hopes of a repeat podium at the Red Bull Ring faded on […]
REUTERS: Manchester City manager Pep Guardiola said on Friday he was not looking ahead to a potential Champions League quarter-final tie against Juventus because any loss of focus could result in elimination by Real Madrid in the last 16. City lead Real 2-1 heading into the return leg at the […]
REUTERS: Red Bull’s Max Verstappen led Styrian Grand Prix practice on Friday while Australian Daniel Ricciardo crashed his Renault and six-times Formula One world champion Lewis Hamilton had a difficult afternoon at Mercedes. Hamilton’s Finnish team mate Valtteri Bottas, the championship leader after winning Sunday’s Austrian season-opener at the same […]
Jose Mourinho believes match officials should be obliged to explain their decisions after his Tottenham Hotspur side were involved in more VAR controversy this week. LONDON: Jose Mourinho believes match officials should be obliged to explain their decisions after his Tottenham Hotspur side were involved in more VAR controversy this […]
WASHINGTON: US producer prices unexpectedly fell in June as rising costs for energy goods were offset by weakness in services, pointing to subdued inflation that should allow the Federal Reserve to keep pumping money into the economy to arrest a downward spiral. Still, deflation remains unlikely as the economy battles […]
Lonza Group AG is in the “last step” of discussions with U.S. regulators for approval to claim that its formulation is effective in killing the novel Coronavirus on surfaces, an executive at the pharmaceutical and chemical giant told Reuters. REUTERS: Lonza Group AG is in the “last step” of discussions […]
REUTERS: American Airlines Group Inc has threatened to cancel some of its orders for Boeing Co’s grounded 737 MAX jets unless the planemaker helps secure funding for them, the Wall Street Journal reported on Friday. American Airlines has struggled to secure financing for 17 jets it had expected Boeing to […]
PARIS: Manchester United could find themselves facing English rivals Wolverhampton Wanderers in the semi-finals of the Europa League in Germany in August, after Friday’s draw for the latter stages of the tournament put the teams on a collision course. While the UEFA Champions League is to be completed with a […]