Foxconn expects COVID-hit China factory to return to full capacity in late December and early January – Source

TAIPEI, Dec. 5 (Reuters) – Apple supplier Foxconn (2317.TW) It expects the COVID-hit Zhengzhou factory in China to resume full production in late December to early January, a Foxconn source said Monday, after labor unrest last month that disrupted the world’s largest iPhone factory. The world’s largest electronics maker said later Monday that revenue in … Read more

Reality destroys some of the Qataris’ dreams of renting out the World Cup

The agency says the Qatari hotel group has requested new payments Some prices have been lowered, but many properties are empty The broker says some landlords have sought unrealistic rents DOHA (Reuters) – Qatar has found itself with an unexpected glut of rooms in the packed World Cup group stage, with online portals listing rooms … Read more

First TVs, now tortilla chips: American companies set minimum prices to stop discounting

NEW YORK, Nov. 17 (Reuters) – Makers of everything from toys to wafers are increasingly placing minimum prices on their items to maintain profits and limit price cuts as retailers like Walmart do so. (WMT.N) and Amazon.com Inc (AMZN.O) Trying to attract sales from each other over the Internet. As a result, shoppers are faced … Read more

Trump’s 2024 presidential bid was a new wrinkle for the markets

NEW YORK (Reuters) – Former President Donald Trump’s entry into the 2024 presidential race on Tuesday confirmed the world’s “worst-kept secrets” and created another variable for markets that some investors say remains a low priority for now. Trump, who has launched relentless attacks on voting integrity in the United States since his defeat in the … Read more

Biden and Xi prepare to meet ahead of Ukraine-overwhelmed G20 summit

NUSA DUA, Indonesia (Reuters) – Chinese leader Xi Jinping arrived on the Indonesian island of Bali on Monday for a long-awaited meeting with U.S. President Joe Biden ahead of a set to be perilous summit of the Group of 20 nations. With tension due to the Russian invasion of Ukraine. The two leaders are expected … Read more

Ukraine’s Kherson races to restore energy and water after Russia’s withdrawal

The humanitarian situation in Kherson is “extremely difficult” – official Authorities are working to restore vital services Joy mixes with concerns about water and energy for Kherson residents Residents recount the violations committed by the occupation forces Fighting rages in Donetsk and eastern Luhansk regions Kherson, Ukraine (Reuters) – Public utilities companies in Kherson are … Read more

COVID public health emergency in the US to stay in place

Two Biden administration officials said Friday that the United States will maintain a public health emergency for the COVID-19 pandemic, allowing millions of Americans to get free tests, vaccines and treatments. One of the officials said the possibility of an increase in coronavirus cases in the winter and the need for more time to transition … Read more

Analysis: FTX crash prompts investors to rethink the battered crypto market

NEW YORK/LONDON, NOV 10 (Reuters) – A week of turmoil culminating in the FTX profile of major cryptocurrency exchanges has left investors questioning the viability of a sector already suffering from the bursting of the bitcoin bubble and the shutdown of major market players. The collapse of several cryptocurrency lenders, including Celsius and Voyager, tokens … Read more

South Korea begins investigation into deadly Halloween crush

The death toll rose to 154 and 149 wounded The government promises to conduct a thorough investigation Residents and officials offer condolences at the memorial The disaster is the worst in South Korea since 2014 Seoul ferry sinking SEOUL (Reuters) – South Korean investigators combed through footage on Monday from more than 50 state, private … Read more

Barrack says he hopes Trump’s ties will impress the UAE; He denies being an agent

NEW YORK (Reuters) – Tom Barrack, a one-time Donald Trump fundraiser, acknowledged Thursday that he hoped his ties to the then-president would encourage a UAE official to invest with his company, but said he did not agree to share political access for a working relationship. Federal prosecutors in Brooklyn say Barrack, 75, used his influence … Read more