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Column: China s refined nickel imports slump to near 20-year lows

Brazil to provide financing to industry, lower auto taxes

Brazil's government on Thursday disclosed a pack of initiatives aimed at boosting local industry, with a special focus on the automotive sector as it tries to modernize its fleet and reduce vehicle prices for consumers.

Foxconn s global dealmaking suffers Sharp shock

Sharp has delivered a wake-up call to Foxconn. The $46 billion iPhone supplier, formally known as Hon Hai Precision Industry , rescued the Japanese electronics group in 2016 with a promise to turn it around. Sharp's surprise $1.6 billion writedown in the three months to March casts doubt on the Taiwanese group's grip on its investment - and its ability to strike similar deals.

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