Foxconn Raises Wages for Staff Discontent Over COVID Curbs: Report

Foxconn Increases Wages, Gives Workers Bonuses to Staff to Quell Discontent Over COVID Curbs: Report
Apple supplier Foxconn has raised wages and is handing out bonuses to workers at its Zhengzhou plant in central China, Chinese government-backed media reported, as it works to quell employee discontent at the site over COVID restrictions. Daily wages for... Read more

Pinterest Q3 Growth Slows to Two-Year Low, Inflation Curbs Ad Spending

Pinterest Posts Slowest Quarterly Growth in Nearly 2 Years, as Inflation Curbs Advertiser Spending
Pinterest posted its slowest quarterly revenue growth in nearly two years and posted a loss, the latest social media platform to fall victim to a slowdown in ad spending by companies concerned about a bleak economic outlook. Decades-high inflation is... Read more

TSMC Said to Have Suspended Work for Chinese Chip Startup Amid US Curbs

TSMC Said to Have Suspended Work for Chinese Chip Startup Amid US Curbs
Taiwan Semiconductor Manufacturing Company (TSMC) has suspended production of advanced silicon for Chinese startup Biren Technology to ensure compliance with US regulations, according to a person familiar with the matter. The decision is related to public information that Biren’s products... Read more

Ex Health Secretary Jeremy Hunt denies claims he backed China-style 'Zero Covid' curbs in Britain

Jeremy Hunt (pictured in 2019) furiously denied claims by Tory colleagues last night that he is a 'lockdown fanatic' who supported China's draconian 'zero Covid' policy
Jeremy Hunt last night furiously denied the claims of conservative companions who is a’lockdown fanatic’ who supported China’s draconian ‘covid zero’ policy. A Tory MP told The Mail on Sunday that the former Health Secretary, who is planning a leadership... Read more