Islamabad, Pakistan CNN — Pakistan on Thursday named former spy chief Lt. Gen. Syed Asim Munir as chief of the South Asian country’s army, ending weeks of speculation over an appointment that comes amid intense debate around the military’s influence on public life. Munir, the country’s most senior general and a former head of the … Read more
E.Europe arms companies step up production for Ukraine Hope to find new markets as defense spends rise Can produce and service Soviet-era and NATO-standard weaponry Poland, Czechs among big suppliers of military aid to Kyiv Industry’s history stretches from 1800s and through Cold War PRAGUE/WARSAW, Nov 24 (Reuters) – Eastern Europe’s arms industry is churning … Read more
Beijing CNN — China on Thursday reported a record number of daily Covid infections, as a nationwide surge in cases heaps pressure on the country’s increasingly unpopular zero-tolerance approach to the virus. The National Health Commission (NHC) recorded 31,444 locally transmitted cases on Wednesday – surpassing the previous peak of 29,317 recorded April 13 during … Read more
Foxconn says it is working with staff to resolve disputes Major iPhone factory rocked by protests over pay, terms 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 … Read more
BEIJING, Nov 24 (Reuters) – China reported record high COVID-19 infections on Thursday, with cities nationwide imposing localized lockdowns, mass testing and other curbs that are fueling frustration and darkening the outlook for the world’s second largest economy. The resurgence of infections, nearly three years after the pandemic emerged in the central city of Wuhan, … Read more
hong kong CNN Business — Foxconn has offered to pay newly recruited workers 10,000 yuan ($1,400) to quit and leave the world’s largest iPhone assembly factory, in an attempt to quell protests that saw hundreds clash with security forces at the compound in central China. The Apple supplier made the offer Wednesday following dramatic scenes … Read more
Beijing/Hong Kong CNN Business — Workers at China’s largest iPhone assembly factory were seen confronting police, some in riot gear, on Wednesday, according to videos shared over social media. The videos show hundreds of workers facing off with law enforcement officers, many in white hazmat suits, on the Foxconn campus in the central Chinese city … Read more
Fed minutes for November due at 1900 GMT US Thanksgiving public holiday on Thursday Stock eke out slim gains globally Euro zone economic data points to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global shares churned on Wednesday ahead of minutes of a Federal Reserve meeting that could shed light … Read more
COVID restrictions ramped up as cases rise iPhone factory unrest underscores industrial, social risks Analysts warn of potential for wider lockdowns Resort city Sanya imposes movement curbs on new arrivals BEIJING, Nov 23 (Reuters) – Chinese cities imposed more curbs on Wednesday to rein in rising coronavirus cases, adding to investor worries about the economy, … Read more
‘Invincibility centers’ to provide heat, water, internet Power outages widespread as Russia targets electricity grid G7 to soon announce price cap on Russian oil – US official KYIV, Nov 23 (Reuters) – Ukraine promised shelters with heat and water and encouraged its people to save energy as a harsh winter loomed amid relentless Russian strikes … Read more