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Posted on 13/04/2022

iPhone maker Pegatron halts production at plants in Shanghai and Kunshan due to COVID restrictions

Pegatron, a Taiwanese company that is one of a few companies that assemble the iPhone, has halted production at two plants in Shanghai and one in Kunshan to comply with the Chinese government’s ... ( read original story ...)

Posted on 13/04/2022

Shanghai Putailai New Energy Technology A is about to announce its earnings — here’s what Wall Street expects

On April 12, Shanghai Putailai New Energy Technology A reveals figures for Q1. Analysts predict Shanghai Putailai New Energy Technology A will report earnings per share of CNY 0.862. Track ... ( read original story ...)

Posted on 13/04/2022

Apple supply chain in China hit by lockdowns as key partner suspends production in Shanghai, Kunshan

“China is still Apple’s most important production base in the foreseeable future,” he said. Yaling Jiang is a Shanghai-based technology reporter at the Post. She previously covered consumer-facing ... ( read original story ...)

Posted on 12/04/2022

Pressure builds as Shanghai, a city of 25 million, remains locked inside

Shanghai is at the center of China's efforts to stamp out the country's largest outbreak of Covid since the start of the pandemic more than two years ago. No one is allowed to leave their residential ... ( read original story ...)

Posted on 12/04/2022

US orders non-essential diplomatic staff to leave Shanghai amid strict Covid lockdown

The United States announced Tuesday it had ordered all non-essential employees at its Shanghai consulate to leave, while voicing concerns for the safety of Americans in China as the government ... ( read original story ...)

Posted on 12/04/2022

US orders non-essential staff to leave Shanghai as virus surges

The United States announced Tuesday it had ordered all non-essential employees at its Shanghai consulate to leave. ( read original story ...)

Posted on 12/04/2022

Stocks fall on Wall Street, led by slump in tech companies

Stocks fell in morning trading on Wall Street Monday as the market extends a losing streak from last week. The S&P 500 fell 0.8% as of 10:20 a.m. Eastern. The Dow Jones Industrial Average fell 68 ... ( read original story ...)

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