Workers at the plant said protests started around an accommodation area for employees after they learned bonus payments they expected to get would be delayed. Source link Source link
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Business Asia Campaigns to rein in Covid-19 cases and property prices have squelched consumer demand in the world’s second-largest economy Source link Source link
Read MoreEconomy Capital Account Funding for scientific research has become risk-averse, favoring established researchers pursuing incremental ideas, critics say Source link Source link
Read MoreThe Chinese e-commerce company’s 3% rise in revenue is among its weakest revenue expansions since going public. Source link Source link
Read MoreEconomy Asia Economy Fresh signs of China’s slowing growth add to fears that the worst is yet to come for the global economy Source link Source link
Read MoreA temporary tax break for small businesses has spawned a cottage industry of advisory firms tapping into federal pandemic aid, raising alarms at the Internal Revenue Service that some claims are going beyond what the law allows. The Paycheck Protection Program and other federal aid programs long ago shut their doors. But small businesses and […]
Read MoreWorld Asia China Partial easing of housing-sector rules comes as Beijing also seeks to lessen economic toll of strict Covid controls Source link Source link
Read MoreThe annual retail festival is another sign of depressed consumer sentiment under China’s stringent Covid-19 policy. Source link Source link
Read MoreAmid signs of a slowdown in the U.S. and China, shoppers continued to snap up expensive handbags and clothes from Michael Kors, Coach and Ralph Lauren in the recent quarter. Source link Source link
Read MoreTech Facebook, Twitter and other firms are slashing jobs, and their leaders’ mea culpas are abundant Source link Source link
Read MoreTech The disruption won’t impact Foxconn in the long run, CEO says, as it expands beyond China Source link Source link
Read MoreTech Production of Pro devices, a linchpin of iPhone sales, has run into Covid restrictions in China Source link Source link
Read MoreWorld Asia China Consumer-price inflation also slowed to a five-month low, a reflection of the economic toll from Covid restrictions and a real-estate slide Source link Source link
Read MoreBusiness Sale to e-commerce retailer Baozun for up to $50 million comes as retailers struggle under China’s Covid zero-tolerance policy Source link Source link
Read MoreThe company’s effort to continue iPhone production through an outbreak depended on lessening anxiety about a virus the government portrays as a deadly threat. Source link Source link
Read MoreThe virus is still keeping millions of Americans out of work while reducing the productivity and hours of millions more. That is disrupting business operations and raising costs for employers. Source link Source link
Read MoreTech The company’s high-end iPhone 14 Pro and Pro Max models are being affected by reduced production capacity Source link Source link
Read MoreThe discussions had been seen as an indication of how the coal-price surge is transforming the sector’s fortunes. Source link Source link
Read MoreThe pullback in demand for its goods abroad removes a key prop for China’s growth as its economy is pressured by the government’s zero-Covid strategy and a severe real-estate slump. Source link Source link
Read MoreWorld Olaf Scholz said he and Chinese leader Xi Jinping discussed a pathway for approving the BioNTech Covid vaccines for the broader population Source link Source link
Read MoreThe pharmaceutical company says its sales could be as much as $3 billion lower this year than initially expected. Source link Source link
Read MoreHealth Pfizer says results are sufficient to seek approval for the shot, which could be the first deployed against the common respiratory virus Source link Source link
Read MoreTech Executives expect impact on iPhone shipments from disruption at factory in central China to be limited Source link Source link
Read MoreHONG KONG—China’s factory activity contracted in October after a short-lived improvement, a fresh sign of the toll from the country’s stringent Covid policies and of fading global demand for Chinese-made goods. The official purchasing managers index for manufacturing fell to 49.2 from 50.1 in September, the National Bureau of Statistics said Monday. The result fell […]
Read MoreRival drugmakers are seeking to upend Pfizer Inc.’s dominance of the $7 billion worldwide market for pneumonia vaccines, launching what is shaping up to be one of the industry’s fiercest battles. Merck & Co. has already introduced a new competitor to Pfizer’s Prevnar vaccine franchise, while GSK PLC and Vaxcyte Inc. are among companies developing […]
Read MoreHONG KONG— Foxconn Technology 2354 -0.76% Group is scrambling to contain a weekslong Covid-19 outbreak at an iPhone factory in central China, trying to appease frightened and frustrated workers during a crucial period for smartphone orders. In Foxconn’s main Zhengzhou facility, the world’s biggest assembly site for Apple Inc.’s AAPL 7.56% iPhones, hundreds of thousands […]
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