Foxconn Technology working hard to reduce worker suicides

Foxconn Technology working hard to reduce worker suicides The chairman of the company has said that a technology company in Shenzhen, China, is working hard to explain and reduce a rash of worker suicides.

The New York Times reported on Wednesday that at a press event on the campus of Foxconn Technology, Chairman Terry Gou of parent company Hon Hai Precision Industry Group said, "We will leave no stone unturned and we will make sure we find a way to reduce these suicide tendencies."

Euro / Dollar Technical Forex Analysis for Forex Traders

The Euro broke the support specified in yesterday’s report 1.2256, and fell afterwards by 104 pips, only to stop before our suggested target & the 4-year low 1.2142.

U.S. Army selects BAE Systems to strengthen security identification

BAE SystemsAccording to the official reports, the U. S. Army selected BAE Systems to support the strengthening of security identification and verification capabilities at military installations.

It has been reported that under the approximately $95 million award, defense contractor BAE will install ID verification hardware and software technology at Army bases similar to the company's units deployed at Navy and Homeland Security Department installations.

Airlines give new orders to Rapiscan

Airlines give new orders to RapiscanIt has been reported that OSI Systems has received new orders for its cargo inspection systems to support the implementation of a U. S. Transportation Security Administration mandate.

Its Rapiscan Systems unit received the new delivery orders from two undisclosed international airline companies. Rapiscan's screening technologies are listed on the Transportation Security Administration's Air Cargo Qualified Technology List, California's OSI Systems has said.

Intraday Buy Call For Sobha Developers

Intraday Buy Call For Sobha DevelopersStock market analyst Anil Singhvi is of the view that investors can 'buy' Sobha Developers Ltd stock with an intraday target of Rs 315.

According to analyst, the investors can buy the stock with a stop loss of Rs 295.

The stock of the company, on May 26, closed at Rs 301 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 352.95 and a low of Rs 186 on BSE.

Current EPS & P/E ratio stood at 8.54 and 35.68 respectively.

Sobha Developers Ltd works as a realty development and construction company in the country.

Swedish Defense Administration selects Saab for next-generation avionics technology

Swedish Defense Administration selects Saab for next-generation avionics technology Officials have informed that the Swedish Defense Materiel Administration selected Saab to begin development of a next-generation avionics technology for the Gripen fighter aircraft.

Swedish defense company Saab received the award as part of an effort by the Swedish air force to extend the life cycle of its Gripen fleet through the integration of new computers and display technologies.

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News in Focus

Gaming giant Codere’s Fifth restructuring agreement to slash debt by 92%

Codere, the Spain-based parent of NASDAQ-listed Codere Online Luxembourg, has announced that it has signed a new restructuring agreement with creditors to eliminate debt.

Despite challenges, Bally’s Corporation determined to build a permanent casino in Chicago

Buoyed by record-breaking admissions and gross receipts at Medinah Temple in Illinois, Bally’s Chicago is all set to break ground on a $1.7 billion permanent casino on July 5, 2024.

Mercedes-Benz’s 2024 EQS e-SUV boasts more EPA range & higher efficiency

The all-electric 2024 Mercedes-Benz EQS SUV has made notable strides in terms of range as well as efficiency, reflecting significant advancements over the previous model year e-SUV.

Hyundai Motor Group achieves 11.2% market share in United States

Hyundai Motor Group narrowed its gap with Tesla as its EV market share in the United States hit double-digits in May 2024.

Volvo to shift EX30, EX90 production to Belgium to circumvent China-made EV tariffs

Volvo, a Swedish carmaker owned by China’s Zhejiang Geely Holding Group, has plans to shift its EV production to Belgium ahead of schedule in response to predicted tariffs on Made-in-China (MIC) ve

Hyundai’s Inster boasts cute looks reminiscent of adorable Casper EV

South Korean automobile giant Hyundai Motor Company recently revealed the teaser images of its upcoming subcompact electric vehicle (EV), called the Inster, which boasts cute design reminiscent of