iPhone Maker in Lockdown After Workers Riot

  A fight broke out at a plant operated by Foxconn, which assembles products for Apple and other tech firms, that started as an argument before escalating into a free-for-all brawl that involved 2000 workers and left around 40 people injured, its parent company says.   The Incident The incident happened around 11pm local time […]

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China eases restrictions on flotations

One of the world’s hottest spots for raising capital is back in business. Ten months after halting initial public offerings, or flotations, on Chinese bourses, the government has cleared the way for Guilin Sanjin Pharmaceutical, a maker of traditional Chinese medicines, to list on the Shenzhen exchange. The company plans to raise $133 million with the IPO, which offered subscriptions to retail investors Monday

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