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Chief of Taiwan’s Foxconn says rise of protectionism unavoidable

The head of Foxconn, the world's largest contract manufacturer of electronic goods and a major Apple Inc supplier, said on Sunday that the rise of protectionism is unavoidable. Terry Gou, chairman of Foxconn, formally known as Hon Hai Precision Industry Co, warned that uncertainties for this year make it tough to have a very clear analysis and outlook, but he said it was clear politics would underpin economic development.

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Chief of Taiwan’s Foxconn says rise of protectionism unavoidable

the-five-member

Ministers positive on OPEC, non-OPEC oil output cuts

Energy ministers from OPEC and non-OPEC countries meeting in Vienna on Sunday have struck a positive note regarding their agreement to cut oil output as a committee set to monitor compliance with the deal meets for the first time. Kuwaiti oil minister Essam Al-Marzouq, who chairs the five-member compliance committee, said it would examine how to

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Ministers positive on OPEC, non-OPEC oil output cuts