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BENGALURU (Reuters) - Apple (NASDAQ:AAPL) supplier Foxconn Technology Group on Wednesday said it was restructuring its local management at its Sriperumbudur facility in southern India after it found some issues at its offsite dormitory facilities.
The factory in Tamil Nadu has been at the centre of a mass food-poisoning incident which sparked employee protests and threw light on the living conditions of the workers in hostels near the factory.
Separately, an Apple spokesperson said Foxconn's Sriperumbudur facility had been placed on probation.
By Selena Li and Clare Jim HONG KONG (Reuters) - Chinese property developer Shimao Group has missed the interest and principal payment of a $1 billion offshore bond due on Sunday,...
Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Building & Construction, Media & Publishing and Insurance sectors led shares lower. At...
FRANKFURT (Reuters) - Germany's road traffic agency said it was recalling Tesla (NASDAQ:TSLA) models Y and 3 because of a fault in the automatic emergency call system that affects...
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