The Week in Numbers: soaring tariffs, sliding stocks
From an ever-escalating trade war, to a wild few days for Tesla, we round up the big stories in business and finance over the week to March 14. Francis Maguire reports.
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Foxconn’s Q4 profit drops 13% to NT$46.3B, missing estimates as weak iPhone sales in China offset AI growth
TAIWAN: Taiwan’s Foxconn, formally known as Hon Hai Precision Industry, reported a 13% drop in net income to NT$46.3 billion ...
FirstFT: Tesla warns Trump administration it is ‘exposed’ in trade war
Also in today’s newsletter, top Senate Democrat backs Republican funding bill, and China criticises Panama ports deal ...
Foxconn forecasts strong rebound after profit miss
Taiwan's Foxconn, the world's largest contract electronics maker, said on Friday (March 14) that solid demand from its tech clients would drive strong revenue growth in the first quarter. Francis ...