With reports in Taiwan that the companies were recruiting staff in preparation for building the iPhone 7 series, Apple’s top Taiwanese suppliers have started mass-hirings. “Foxconn Zhengzhou is hiring a large number of ordinary workers. Welcome to join Foxconn: Age… Read More ›
Day: May 17, 2016
White Elephant Financial District Aimed to be Salvaged by Saudi Arabia
A white elephant in the making, unlikely to attract tenants and possibly never even to be completed, the plan to build a financial district from scratch was viewed by Saudi Arabia’s neighbors as among the glossiest excesses of the kingdom’s… Read More ›
ChemChina-Syngenta deal comes under increased scrutiny with USDA joining the review panel
With this deal China is looking for a strategic hold on global food supplies. As per multiple sources familiar with the matter at hand, the U.S. Department of Agriculture is set to join the U.S. government panel that is in… Read More ›
Warren Buffet’s Berkshire Hathaway invests $1 billion in Apple Inc.
Apple’s shares have fallen by one-third of their value since 2015. Increased saturation in the smartphone market have led to a fall in sales of iPhones. It is unclear as to who took this decision – Warren Buffet or one… Read More ›
BlockRock’s CEO wants to see more aggressive reforms in China
While noting the path to a service-oriented economy took decades for the West, which included periods of recession, Larry Fink, said China needs to bring about a solid fiscal policy. Introducing excess credit into the system is not the way… Read More ›