By Wen-Yee Lee and Yimou LeeTAIPEI (Reuters) - Taiwan’s Foxconn (SS:601138),the world’s largest contract electronics maker, said on Friday that solid demand from its tech clients would drive strong revenue growth in the first quarter.The upbeat forecast contrasts with a cautious note struck by many other businesses, rattled by U.S. President Donald Trump’s tumultuous trade policy, and unde ...
By Wen-Yee Lee and Yimou LeeTAIPEI (Reuters) - Taiwan’s Foxconn (SS:601138),the world’s largest contract electronics maker, said on Friday that solid demand from its tech clients would drive strong revenue growth in the first quarter.The upbeat forecast contrasts with a cautious note struck by many other businesses, rattled by U.S. President Donald Trump’s tumultuous trade policy, and unde ...
By Lucien LibertMARTILLAC, France (Reuters) - The owner of one of France’s top Bordeaux wine chateaux hopes U.S. President Donald Trump’s threat of 200% tariffs on European wine is just posturing because the impact would be devastating if not.Trump on Thursday threatened to slap a 200% tariff on European wines and other alcoholic products unless the European Union scraps its planned tax on Ame ...
By Helen ReidLONDON (Reuters) -Zara owner Inditex (BME:ITX)’s emissions from transport jumped by 10% in 2024 as the fast-fashion retailer used more flights to move clothes from production centres in Asia to its logistics hub in Spain and into stores.The increase highlights the impact of greater air freight use as attacks on container ships in the Red Sea have diverted vessels from the Suez Can ...