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Search resuls for: "Arnaud Siad"


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New Delhi CNN Business —One of Apple’s largest suppliers is trying to strike a delicate balance in China. Foxconn’s statement came just a day after Apple said it expects iPhone 14 shipments to be hit by China’s Covid curbs, which have “significantly reduced capacity” at the Zhengzhou facility, the world’s biggest iPhone factory. “The epidemic has disrupted our work and life, but… the company has achieved milestone results in the current epidemic prevention measures,” Foxconn said on its Zhengzhou recruitment WeChat account on Monday. New workers will be offered a salary of 30 yuan ($4) per hour, according to the post. Last Wednesday, Chinese authorities imposed a seven-day lockdown on the manufacturing zone that houses the Foxconn plant.
London CNN —Andy Taylor, guitarist with British New Romantic group Duran Duran at the height of their fame, is battling stage four prostate cancer. Taylor, who did not join his former bandmates John Taylor, Simon Le Bon, Roger Taylor and Nick Rhodes at the Class of 2022 celebrations due to ongoing treatment, wrote a letter to mark the occasion. Simon Le Bon, John Taylor, Andy Taylor, Roger Taylor and Nick Rhodes of Duran Duran Derek Storm/FilmMagic/Getty Images“There’s nothing that comes close to such recognition. You can dream about what happened to us but to experience it, on one’s own terms, as mates, was beyond incredible,” Taylor wrote in the message relayed by Le Bon. According to the American Cancer Society, about one in eight men will be diagnosed with prostate cancer during his lifetime.
The visit — the first by a G7 leader to China in roughly three years — comes as Germany slides towards recession. A spokesperson for Hamburger Hafen und Logistik (HHLA), the company operating the port terminal, told CNN Business on Thursday that it was still negotiating the deal with Cosco. “The restrictions are suffocating economic growth and heavily impact China’s attractiveness as a destination for foreign direct investment,” he told CNN Business. The ministry did not respond to a request for comment from CNN Business. He predicted that “the large majority will stay committed to the Chinese market and is expecting to expand their business.”Companies appear to be toeing that line.
A new military takeover has been declared in Burkina Faso, after a day marked by gunfire and confusion in the capital city of Ouagadougou. In an announcement on state television late Friday, a Burkina Faso military official announced the dissolution of the current government and the dismissal of the junta leader, President Lieutenant-Colonel Paul-Henri Damiba. With the suspension of the constitution and government, this is Burkina Faso’s second military takeover in a year. “People of Burkina Faso, faced with the degradation of the security situation, we have attempted several times to refocus the transition on the issue of security,” Sorgho said. This week, unknown assailants killed eleven soldiers during an attack on a 150-vehicle convoy taking supplies to a town in northern Burkina Faso.
Now, one day after the monarch’s funeral, strikes are back on as workers press their claims for better pay and conditions and annual inflation hovers around 10%. More strikes could be on the way this fall, threatening unprecedented disruption across a range of industries. Teachers, doctors and nurses are set to vote on strike action in the coming weeks. The walkout will overlap with strike action by hundreds of dockworkers at the Port of Liverpool, another key UK trade hub. Last week, the country narrowly averted a rail strike by more than 50,000 workers after unions and railroad companies came to a tentative deal over pay.
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