Apple puts supplier Wistron on notice after Indian factory violence

© Reuters. FILE PHOTO: Men wearing protective face masks walk past broken windows of a facility run by Wistron Corp in Narsapura By Sankalp Phartiyal and Chandini Monnappa NEW DELHI/BENGALURU (Reuters) -Apple Inc has placed supplier Wistron Corp on probation, saying on Saturday it would not award the Taiwanese contract manufacturer new business until it […]

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Congo and the chocolate factory: New producer hits the sweet spot

© Reuters. By Djaffar Al Katany GOMA (Reuters) – Aisha Kalinda melts the chunks of cocoa in a pan and spoons the brown gloop into a mould which will become the latest bar produced at the Lowa chocolate factory, the first locally owned producer in Democratic Republic of Congo. For decades, eastern Congo’s underground riches […]

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Tesla is calling some workers back to California factory: Bloomberg News

© Reuters. The view of Tesla Inc’s U.S. vehicle factory in Freemont, California (Reuters) – Tesla Inc (O:) is calling some workers back to its San Francisco Bay Area vehicle-assembly plant next week, Bloomberg News reported on Saturday. Tesla had suspended production at its Fremont, California plant on March 24. The company had previously said […]

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Kia Motors may make face masks at China factory to fight coronavirus

2/2 © Reuters. The logo of Kia Motors is seen during the 2019 Seoul Motor Show in Goyang 2/2 SEOUL (Reuters) – South Korea’s Kia Motors Corp (KS:) is considering making face masks at its Chinese factory to help battle the spread of the coronavirus, a spokesman said on Wednesday. The announcement follows a similar […]

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Dollar continues to wobble on weaker housing, factory data

© Reuters. The dollar wobbled for a second straight day on Wednesday Investing.com – The dollar drifted lower against a basket of major currencies on Wednesday after a pair of economic reports showed weakness in both the U.S. manufacturing and housing sector. The , which measures the greenback’s strength against a trade-weighted basket of six […]

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