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Chief of Taiwan's Foxconn says rise of protectionism unavoidable
TAIPEI The head of Foxconn, the world's largest contract manufacturer of electronic goods and a major Apple Inc supplier, said on Sunday that the rise of protectionism is unavoidable. Terry Gou, chairman of Foxconn, formally known as Hon Hai Precision Industry Co, warned that uncertainties for this year make it
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Facebook sets $6 billion buyback program, accounting chief to leave
Social media giant Facebook Inc (FB.O) on Friday set a $6 billion buyback program for its Class A shares, beginning in the first quarter of 2017.Facebook's shares were up 1.1 percent at $118.24 in after-hours trading. The company had a
GE proposes investing in Nigeria's ailing oil refineries
LAGOS General Electric Co (GE.N) has proposed investing in Nigeria's oil refineries, potentially convening a consortium of companies to improve capacity at the run-down facilities.GE's plan and similar promises from companies like Italy's Eni (ENI.MI) to work with Nigeria to
Aldar Achieves AED 3.5 Billion in First‑Week Fahid Island Sales
Aldar has secured over AED 3.5 billion in sales during the initial launch week of its Fahid Beach Residences and The Beach House on Fahid Island, underscoring strong demand for the developer’s new coastal wellness vision.Sales encompass a mix of 1- to
