The iPhone manufacturer Foxconn has reopened a factory in India which was shut down temporarily when 250 workers fell sick, sending its shares up 9%.
The plant in Madras (Chennai), which makes mobile phone parts, was closed last Monday after workers complained of nausea and giddiness.
Work resumed on Saturday after the firm received [...]
The UK’s biggest bank HSBC has reported pre-tax profits of $11.1bn (£7bn) for the first six months of 2010 – more than double its profits for the same time last year.
The bank said it was profitable in every region, except for North America where it saw losses of $80m.
In the UK, profits totalled [...]
The US economy grew at an annual rate of 2.7% in the first three months of 2010, slower than previously estimated.
The Commerce Department had previously estimated growth at 3% versus the same period in 2009.
The new figure is disappointing as it is only the third quarter since the US economy stopped contracting, [...]
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