(Bloomberg) -- Apple Inc. is seeking changes in India’s labor laws as part of its effort to expand local production, and regional governments are yielding to its request as they are eager to snatch iPhone assembly from China.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as Irrational‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsRussia Seeks 400,000 More Recruits as Latest Ukraine Push StallsJack Dorsey’s Wealth Tumbles $526 Million A
(Bloomberg) -- Hon Hai Precision Industry Co. said it expects to multiply its sales of electric vehicle components this year while weathering cooler consumer spending on technology.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldUS Studies Ways to Insure All Bank Deposits If Crisis GrowsJPMorgan Owned the LME ‘Nickel’ That Was Actually Bags of StonesSVB’s Loans to Insiders Tripled to $219 Million Before It FailedSwiss Are On the Hook for $13,500 Each on Cr
(Bloomberg) -- Hon Hai Precision Industry Co.’s February sales fell 11.7% from a year earlier, despite a boost for the iPhone assembler from China’s reopening.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekIt Turns Out Money Does Buy Happiness, At Least Up to $500,000Your Next Holiday Flight Will Cost a FortuneGlobal Investors Contemplate Fallout From US Rates Reaching 6%Deepest Bond Yield Inversion Since Volcker Suggests Hard LandingThe Apple Inc. supplier, also k