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Foxconn’s EV plan is bigger than Apple

If you turn Foxconn Technology Group’s latest product sideways, it looks remarkably like the smartphones the Taiwanese company makes for Apple Inc. Except the electric bus, a sleek, shiny vehicle with rounded corners and no mirrors, heralds the firm’s slow and deliberate journey away from that one famous client to which it’s become addicted. Separating the rise of Foxconn from ...

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All about Los Angeles’ biggest Covid rebound

America’s shortage of labour, products and services — provoked by Covid-19’s disruption of the global economy — has a platinum lining in Los Angeles. Obscured by unprecedented supply-chain bottlenecks, California’s largest city and No. 2 in the US after New York, has no peers unloading, processing and transporting the nation’s imports from its two busiest ports. Being the supreme gateway ...

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Don’t blame India for blocking the WTO

Ngozi Okonjo-Iweala is due to visit New Delhi this week and, to be honest, nobody in India knows why she’s coming. Trade experts elsewhere are aware that the World Trade Organization’s (WTO) new director-general has staked her credibility — and the organisation’s — on completing a long-delayed agreement to curb subsidies that have encouraged massive overfishing. As far as the ...

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