INDS08

HSBC considers windfall dividend from $10 billion sale of Canadian unit to RBC

Deal comes under pressure from Chinese shareholder Analysts hail ‘sense’ deal The bank could return the proceeds of the transaction to the shareholders LONDON/TORONTO/NEW YORK, November 29 (Reuters) – HSBC (HSBA.L) agreed to sell its operations in Canada to the Royal Bank of Canada (RY.TO) for C$13.5 billion ($10 billion) in cash, paving the way …

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Exclusive: US plans to send 100-mile strike weapon to Ukraine

WASHINGTON, Nov 28 (Reuters) – The Pentagon is considering a Boeing proposal to supply Ukraine with small, inexpensive precision bombs mounted on abundantly available rockets, allowing Kyiv to strike far behind Russian lines as the West is struggling to meet the demand for additional armaments. US and allied military stocks are dwindling and Ukraine faces …

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Foxconn woes will weigh heavier on China’s giant iPhone factory as more workers leave – source

November shipments from Foxconn’s Zhengzhou plant to drop further – source Workers’ discontent at the factory turned into protests this week More than 20,000 workers, mostly new recruits, left – source TAIPEI, Nov 25 (Reuters) – Foxconn’s (2317.TW) China’s flagship iPhone factory is expected to see its November shipments further reduced by the latest bout …

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Arms industry booms as Eastern Europe arms Ukraine

E.Europe arms companies increase production for Ukraine Hope to find new markets as defense spending increases Can produce and maintain Soviet-era and NATO-standard weapons Poland, Czechs among top providers of military aid to Kyiv The industry’s history spans from the 1800s to the Cold War PRAGUE/WARSAW, Nov 24 (Reuters) – Eastern Europe’s arms industry is …

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Foxconn apologises for pay-related error at China iPhone plant after worker unrest

Foxconn says it is working with staff to resolve disputes Major iPhone factory rocked by protests over pay, conditions Apple says it has team on the ground in Zhengzhou TAIPEI/SHANGHAI, Nov 24 (Reuters) – Foxconn (2317.TW) said on Thursday a pay-related “technical error” occurred when hiring new recruits at a COVID-hit iPhone factory in China …

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Infecciones de COVID en China alcanzan récord mientras panorama económico se oscurece

PEKÍN, 24 nov (Reuters) – China reportó el jueves un récord de infecciones de COVID-19, con ciudades de todo el país imponiendo bloqueos localizados, pruebas masivas y otras restricciones que están alimentando la frustración y oscureciendo las perspectivas para la segunda economía más grande del mundo. El resurgimiento de las infecciones, casi tres años después …

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Wall Street rises as Fed signals slowing rate hikes

Growth stocks rebound as Treasury yields fall Tesla leaps as Citigroup modernizes Nordstrom falls on reduced earnings forecast Dow Jones Industrial closed at the highest level since April Dow up 0.28%, S&P 500 up 0.59%, Nasdaq up 0.99% Nov 23 (Reuters) – Major Wall Street indexes ended on Wednesday with strong gains after minutes from …

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Investors slump ahead of Fed minutes, fears of euro zone recession grow

Fed minutes expected American Thanksgiving holiday on Thursday Stocks post weak gains globally Eurozone economic data point to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global stocks were little changed on Wednesday as investors kept their eyes peeled for the minutes of a Federal Reserve meeting that could shed light …

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China amplía las restricciones de COVID, los disturbios en la fábrica de Apple se suman a las preocupaciones económicas

Las restricciones de COVID aumentan a medida que aumentan los casos Los disturbios en la fábrica de iPhone se suman a las preocupaciones sobre la economía y subrayan las frustraciones Los analistas advierten sobre la posibilidad de bloqueos más amplios PEKÍN, 23 nov (Reuters) – Las ciudades chinas impusieron el miércoles más restricciones para frenar …

China amplía las restricciones de COVID, los disturbios en la fábrica de Apple se suman a las preocupaciones económicas Read More »