Friday, May 15, 2020

Foxconn's first-quarter profit plunges on coronavirus fallout, sees better second quarter

Taiwan's Foxconn posted an almost 90% drop in first-quarter profit on Friday, as the coronavirus pandemic disrupted production and hit demand from Apple Inc and other major clients.

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Tata Motors passenger vehicles likely to get costlier soon as CEO warns of rising commodity prices

Tata Motors is set to increase vehicle prices soon, citing persistent pressure from soaring commodity costs, particularly precious metals an...