Bloomberg Key iPhone assembler Hon Hai Precision Industry Co, also known as Foxconn Technology Group, is increasing its presence in Vietnam and India amid the growing trade spat between the US and China. In a series of filings, the company said it had injected up to $213.5 million into an Indian unit between September and January for “long-term investment,” and ...

Bloomberg China’s foreign minister urged countries not to use “fabricated” excuses to block Huawei Technologies Co, as Vodafone Group Plc joined a list of companies that are shunning the telecommunications equipment supplier. “Using national power to tarnish and take measures against a certain company, without any evidence, is both unfair and immoral,” Foreign Minister Wang Yi told reporters as he ...

Bloomberg Beleaguered Infrastructure Leasing and Financial Services may appoint an auditor to look into the financial statements of the company and its subsidiaries dating back five years, the Economic Times reported, citing people with direct knowledge of the matter. The newly appointed company would also scrutinise the role of IL&FS’ previous auditors, EY, Deloitte, and KPMG. The report would have ...