Taiwan’s Foxconn Technology Group, the world’s largest electronics manufacturer and Apple’s main supplier, has again suspended operations at two of its factories in Kunshan, China, after the Chinese Communist Party (CCP) implemented strict quarantine rules in parts of the country to combat the spread of the Omicron variant of the virus in March. On April 22,…
Shutdown of Foxconn’s Factories in China Threatens Apple’s Supply Chain
April 26, 2022
admin
Apple IncBusiness & EconomyBusinesses in COVID-19CCP VirusChinaChina Business & EconomyCompanieseconomyFoxconnINSIDE CHINAInternationalMedia & Big TechUSUS-China relationsWorld
0 Comment
Passenger Numbers at UK Airports Last Year 78 Percent Below Pre-COVID Levels
Passenger numbers at UK airports last year were 78 percent below pre-pandemic levels, new figures show. Analysis of Civil Aviation Authority (CAA) data by the PA news agency found just 64.4 million passengers arrived or departed on flights at UK airports in 2021. That is compared with 296.9 million in 2019 before the coronavirus pandemic…
Singapore to Return Close to Pre-Pandemic Normal With ‘Yellow’ Alert, Further Easing of Restrictions
Singapore authorities announced that the nation’s pandemic alert status will be lowered from “orange” to “yellow,” with further easing of community and border measures due to improving numbers for daily infections and hospitalizations. In a press conference on April 22, Health Minister Ong Ye Kung announced that the nation’s Disease Outbreak Response System Condition (DORSCON) level…
Rich Trio Back on Earth After Charter Trip to Space Station
CAPE CANAVERAL, Fla.—Three rich businessmen returned from the International Space Station with their astronaut escort Monday, wrapping up a pricey trip that marked NASA’s debut as a B&B host. Flying back in a SpaceX capsule, they splashed down in the Atlantic off the Florida coast to close out a 17-day tour that cost them $55…
Uncertainty Hovers Over Australia’s Economic Outlook Despite Impressive Recovery: Report
April 26, 2022
admin
AustraliaAustralia Economic RecoveryBusiness & EconomyCommSecDeloitte Access Economicseconomic policieseconomyinflationMarketsWorld
0 Comment
The pace of Australia’s economic recovery has exceeded the expectation of many observers; however, a new report has warned that the country will not be able to sustain the current growth. As indicated in the latest Deloitte Access Economics Business Outlook, Australia’s jobless rate was heading toward 3.5 percent, the lowest in half a century,…
Egypt: Ruins of Ancient Temple for Zeus Unearthed in Sinai
CAIRO—Egyptian archaeologists unearthed the ruins of a temple for the ancient Greek god Zeus in the Sinai Peninsula, antiquities authorities said Monday. The Tourism and Antiquities Ministry said in a statement the temple ruins were found in the Tell el-Farma archaeological site in northwestern Sinai. Tell el-Farma, also known by its ancient name Pelusium, dates…
Musk’s Starlink Inks Deal With Hawaiian Airlines for In-Flight Internet
Elon Musk’s Starlink will provide in-flight wireless internet on Hawaiian Airlines Inc’s trans-Pacific fleet, the airline said on Monday. Under the deal, the companies are in the initial stages of implementation and the wireless internet is expected to be installed on select aircraft next year, Hawaiian said. Starlink, a unit of SpaceX, has been in…
Blackstone to Buy PS Business Parks in $7.6 Billion Take-Private Deal
Blackstone Inc on Monday agreed to buy real estate investment trust (REIT) PS Business Parks for $7.6 billion, including debt, as dealmaking activity in the real estate sector continues to thrive in the aftermath of the COVID-19 pandemic. As part of the take-private deal, Blackstone said its real estate affiliates will pay $187.50 cash to…
Corporates and Investors Go In Opposite Directions Over SEC Proposal on Shareholder Reporting
Corporates and their most prominent investors are at odds over new regulations meant to “modernize” how shareholders report their holdings, reports Financial Times. In February, the Securities and Exchange Commission proposed new rules to increase transparency in stock markets by shortening the 10-day window to 5 days for investors to reveal when they have built a stake of…
All-Private Astronaut Team Returns Safely From Landmark Space Station Visit
The first all-private astronaut team ever flown aboard the International Space Station (ISS) safely splashed down in the Atlantic off Florida’s coast on Monday, concluding a two-week science mission hailed as a landmark in commercialized human spaceflight. The SpaceX crew capsule carrying the four-man team, led by a retired NASA astronaut who is now vice…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta