Foxconn plans to invest up to US$1 billion to expand a factory in southern India where the Taiwanese contract manufacturer assembles Apple iPhones, two sources said.
Bank lenders for high-quality US companies are taking different refinancing avenues as they seek to extend maturities on billions of US dollars in loans at a time when the Covid-19 pandemic has made liquidity a top priority.
Foxconn plans to invest up to US$1 billion to expand a factory in southern India where the Taiwanese contract manufacturer assembles Apple iPhones, two sources said.
Google said it would change its policies in August to restrict advertising for spyware and malware that can be used to track a user's texts, phone calls, or browsing history.
Amazon.com is launching a new fleet of bigger, boxier trucks like those favored by rival package carriers United Parcel Service Inc and FedEx Corp, as it fights to fix widespread pandemic-fueled delivery delays that sent customers into the arms of competitors like Walmart Inc.
Berkshire Hathaway Inc has reduced its share count by 1.2per cent since April 23, a regulatory filing shows, suggesting that Chairman Warren Buffett might have become more aggressive in repurchasing its significantly underperforming stock. The reduction in the conglomerate's outstanding shares ...
The U.S. Federal Reserve added US$1.33 billion in bonds of individual companies from June 22 to June 30, its latest disclosure shows, with investments in the bonds of firms including Apple Inc., Walt Disney Co. and Ford Motor Co.
US producer prices unexpectedly fell in June as rising costs for energy goods were offset by weakness in services, pointing to subdued inflation that should allow the Federal Reserve to keep pumping money into the economy to arrest a downward spiral.
Lonza Group AG is in the “last step” of discussions with U.S. regulators for approval to claim that its formulation is effective in killing the novel Coronavirus on surfaces, an executive at the pharmaceutical and chemical giant told Reuters.
American Airlines Group Inc has threatened to cancel some of its orders for Boeing Co's grounded 737 MAX jets, amid the coronavirus crisis, the Wall Street Journal reported on Friday citing people familiar with the matter.
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