INDG08

Analysis: Vietnam shifts gears on arms trade as it loosens ties with Russia

Analysis: Vietnam shifts gears on arms trade as it loosens ties with Russia

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Vietnam to hold first large-scale arms fair this week The country’s nascent military industry plans to export for the first time He seeks faster diversification of Russian military supplies HANOI, Dec 7 (Reuters) – Vietnam is considering a major defense shift as it seeks to reduce its dependence on Russian weapons and launch a drive …

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Musk delivers first Tesla truck, but no updates on production, pricing

Musk delivers first Tesla truck, but no updates on production, pricing

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Tesla ships first Semi to PepsiCo five years after unveiling it No details on electric truck controls or capacity Semi uses existing Tesla motors to come up with a new Supercharger Dec 1 (Reuters) – Tesla Inc’s (TSLA.O) chief executive Elon Musk delivered the company’s first heavy-duty to PepsiCo (PEP.O) on Thursday without offering an …

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

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

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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, Nov 29 (Reuters) – HSBC (HSBA.L) has agreed to sell its Canadian business to Royal Bank of Canada (RY.TO) for C$13.5 billion ($10 billion). dollars) in cash, thus paving the …

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Global oil market signals near-term weakness ahead of EU embargo on Russian oil

Global oil market signals near-term weakness ahead of EU embargo on Russian oil

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NEW YORK, Nov 28 (Reuters) – The global oil market is signaling a potential shift as traders and analysts worry about falling demand for crude and a surplus market in the coming months. After months of strength, crude futures are flirting with all-year lows as major oil consumer China enters additional COVID-19-related lockdowns while central …

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Foxconn apologizes for payroll error at Chinese iPhone factory after workplace unrest

Foxconn apologizes for payroll error at Chinese iPhone factory after workplace unrest

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

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Foxconn's massive iPhone factory in China rocked by new worker unrest

Foxconn’s massive iPhone factory in China rocked by new worker unrest

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Online footage shows hundreds of workers protesting Surveillance cameras and windows smashed by men with sticks Workers complain of late payments and insufficient food SHANGHAI/TAIPEI, Nov 23 (Reuters) – Hundreds of workers joined protests at Foxconn’s (2317.TW) flagship iPhone factory in China, with some men smashing surveillance cameras and windows, pictures showed images uploaded to …

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