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Hon Hai says parts shortages easing

  Bloomberg The biggest assembler of iPhones said component shortages that plagued electronics production for more than a year are showing signs of easing, a potentially encouraging signal for manufacturers across industries. There will be a major improvement in parts shortages in the first quarter, with “overall supply constraints” set to ease in the second half, James Wu, a spokesman ...

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Khalifa Fund to set up innovation, entrepreneurship centre in Kenya

  ABU DHABI / WAM Under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Khalifa Fund for Enterprise Development announced its plan to establish an innovation and entrepreneurship centre in the Republic of Kenya. The centre will focus on launching programmes, workshops, and ...

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Oil heads for weekly loss as bumper rally starts to ease off

  Bloomberg Oil headed for the first weekly loss in two months as investors weighed the crisis over Ukraine and the potential return of Iranian barrels to the market. West Texas Intermediate slipped, trading near $91 a barrel after losing as much as 3% on Friday. Oil’s recent rally has shown signs of cooling, albeit from an exceptionally high level. ...

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